Analyst call of the day for CNBCPro subscribers: Cowen reiterates Nvidia as outperform and said Nvidia is a leader in A.I. Subscribe to see the analyst calls of the day curated by CNBC Pro.
Here are Friday's biggest calls on Wall Street: Bank of America reiterates Amazon as buy Bank of America said it's standing by its buy rating on the stock. "Maintain Buy on Amazon. Three overhangs on stock have been retail margin cuts, AWS revenue deceleration, and potential TAM saturation. [Thursday's] letter set a positive framework for discussion of these on the 1Q call.
" Cowen reiterates Alphabet as outperform Cowen said it's bullish heading into Alphabet earnings later this month. "Our 1Q Digital ad expert check call on 4/6 suggests that a resilient US consumer helped drive GOOG 1Q23 Search spend growth near 4Q levels despite NT macro headwinds." Cowen reiterates Nvidia as outperform Cowen said Nvidia is a leader in AI. " NVIDIA continues to lead from the front across all the most important AI verticals.
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