Wall Street research calls span Amazon, Micron, energy and biotech stocks

  • Goldman Sachs added Amazon to its conviction buy list and upgraded TC Energy and Occidental Petroleum.
  • Wells Fargo raised Microsoft's price target to $725 from $700 and added it to its tactical buy list.
  • HSBC previously upgraded Target to Buy and raised its price target to $190 from $125.

Wall Street analysts released a broad set of research calls led by Bank of America's Buy reiteration on Micron, Goldman Sachs adding Amazon to its conviction buy list, and Wells Fargo placing Microsoft on its fourth-quarter tactical buy list. Goldman upgraded TC Energy and Occidental Petroleum to Buy, while Wells Fargo upgraded BP and Consolidated Edison but cut Exxon Mobil to Equal Weight. New coverage included Buy or Outperform ratings on Digital Turbine, Kura Oncology, Vita Coco, Enliven Therapeutics, Spyre Therapeutics, Civeo, Teva Pharmaceuticals, Rocket Lab and National Energy Services Reunited. Analysts also upgraded BJ's Restaurants, Dollar Tree, Forbright and Regeneron, while Morgan Stanley reiterated Overweight ratings on Apple and Toll Brothers and UBS kept Nvidia at Buy. The calls add to an earlier research compilation led by HSBC's upgrade of Target, which followed stronger second-quarter customer activity and 3.8% comparable-sales growth.

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