Analyst call of the day for CNBCPro subscribers: UBS reiterates Apple as buy and said survey checks show interest in Apple TV+ has “flatlined.” Subscribe to see the analyst calls of the day curated by CNBC Pro.
Here are Tuesday's biggest analyst calls: Wells Fargo reiterates Tesla as equal weight Wells said reports that Tesla would make a bid for Sigma Lithium would "secure capacity & capture profits" for the automaker. "This would secure needed Li supply & capture margin. That said, the location likely won't qualify for US IRA & there would be new operational risks.
" Piper Sandler upgrades Caleres to overweight from neutral Piper said in its upgrade of the footwear company that it sees "structural earnings gains." "We are upgrading CAL to OW following the 2/15 pre-announcement underpinned by a 2023 earnings reset coupled with further confidence in EPS gains being structural in nature." JPMorgan downgrades AutoNation to underweight from neutral JPMorgan said it sees a more balanced risk/reward for AutoNation .
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