Here Are Friday’s Top Wall Street Analyst Research Calls: American Express, Archer Aviation, Fastly, Jack Henry & Associates, Joby Aviation, Lockheed Martin, Palantir, Rocket Lab, SpaceX and More
Key Summary
Wall Street analysts have released their research calls for the top stocks, with a focus on Palantir, SpaceX, and American Express. The Nasdaq fell 1.25% on Thursday after OpenAI posted disappointing revenue figures, but futures rebounded on Friday. Analysts have adjusted their targets for these stocks and provided new coverage, highlighting their investment potential.
Wall Street Analysts Weigh In on Palantir, SpaceX, and More
Top Wall Street Analyst Research Calls
Wall Street analysts have released their research calls for the top stocks, with a focus on Palantir, SpaceX, and American Express. The Nasdaq fell 1.25% on Thursday after OpenAI posted disappointing revenue figures, but futures rebounded on Friday. Analysts have adjusted their targets for these stocks and provided new coverage, highlighting their investment potential.
Key Takeaways
- Palantir has been initiated at Overweight by Barclays with a $265 target price.
- SpaceX has been initiated at Overweight by Barclays with a $254 target price.
- American Express has been downgraded to Neutral by UBS, while being maintained as a Buy by Wells Fargo.
Market Analysis
The Nasdaq fell 1.25% on Thursday after OpenAI posted disappointing revenue figures, dragging the Nasdaq down to 27,193. However, futures rebounded on Friday morning after AI stocks rebounded early. Analysts pointed to strong demand at yesterday's 30-year bond auction, with the bid-to-cover ratio at 2.54x, well above the 2.43x average over the last year.
Energy Market
Prices were higher across the energy complex as the geopolitical tug-of-war with Iran continues and, to add insult to injury, Hurricane Isaias is closing in on the southern U.S. Gulf Coast. Brent Crude closed at $103.50, up 3.27%, while West Texas Intermediate last traded at $90.89, up 3.40%. Natural gas closed the day at $3.13, down 2.28%.
Crypto Market
Crypto markets plunged on Thursday as Bitcoin crashed past the $81,000 threshold, sparking nearly $1 billion in liquidations. Macroeconomic pressures drove the sharp selloff, specifically skyrocketing Brent crude oil prices and hawkish Federal Reserve minutes pointing to another interest rate hike before the end of 2026.
Conclusion
In conclusion, Wall Street analysts have released their research calls for the top stocks, with a focus on Palantir, SpaceX, and American Express. The Nasdaq fell 1.25% on Thursday after OpenAI posted disappointing revenue figures, but futures rebounded on Friday. Analysts have adjusted their targets for these stocks and provided new coverage, highlighting their investment potential.