Here are Tuesday ’ s biggest calls on Wall Street:

Bank of America reiterates Nvidia as buy

Bank of America said it is sticking with the stock following reports of a favorable deal for Nvidia to receive chip export licenses.

"Busy period of interactions between the US Government ( USG ) /White House ( WH ) and major US chipmakers. The critical nature of semis is likely to enhance these interactions that will continue to be both positive and a headwind/source of volatility. Recent news involves: 15% potential tax/levy on sales of specific AI chips in return for China approvals: a net positive and we maintain Buys on NVDA, AMD."

Guggenheim reiterates Tesla as sell

Guggenheim said it is sticking with its sell rating and that it is cautious on the company ’ s full self-driving.

"While safety drivers will remain, and no timeline has been provided for their removal, bulls have been willing to overlook the optics of safety drivers in TSLA vehicles, and we see no reason why that would change now. For investors looking to learn more about the opportunities."

JPMorgan reiterates Micron as overweight

The firm said it is sticking with Micron following its preannouncement on Monday and raised its price target to $185 per share from $165.

"Overall, the team believes they are well positioned for FY26 and CY26. With solid cost execution and improving supply/demand fundamentals, we anticipate continued improvement in gross margin ( GM ) and earnings power in 2025 and into 2026. We are increasing our estimates and increasing our PT from $165 to $185. We maintain our OW rating."

Baird upgrades Starbucks to outperform from neutral

Baird said the turnaround is underway at Starbucks.

"We continue to have high conviction that turnaround strategies under new leadership will be effective in transforming Starbucks into a better company, and we expect visibility to this outcome to become increasingly clear over the next several quarters."

Morgan Stanley upgrades Monday.com to overweight from equal weight

Morgan Stanley upgraded the work management software company following earnings.

"Moving upmarket, expanding to multi-product and shifting to a sales-led growth motion comes with risk, but also comes from a position of strength and represents a large and compelling opportunity. We think monday.com can successfully navigate most of these major changes."

Bank of America reiterates American Express as buy

The firm said it is bullish on the refresh of the company ’ s Platinum card series.

"We maintain our Buy rating on American Express ( AXP ) ahead of its upcoming fall U.S Platinum Card refresh. Based on our analysis of the last two U.S. Platinum card refreshes, investors should expect a one-time bump in variable consumer engagement costs ( VCE ) and an improvement in attrition rates."

Guggenheim initiates Paramount Skydance as buy

Guggenheim said it is bullish on the combined company of Paramount and Skydance Media.

"We are initiating coverage of Paramount Skydance Corp. ( PSKY ) with a BUY rating and $13 price target."

Piper Sandler upgrades Palo Alto Networks to overweight from neutral

Piper Sandler said it sees a slew of positive catalysts ahead for Palo Alto Networks.

"Success with platformization and a more stable cadence of FCF leverage should allow for the company to sustain a low-teens growth rate through CY ′ 29 while increasing FCF margins, underpinning our $225 PT and Overweight rating."

Loop upgrades Five Below to buy from hold

Loop said investors are underestimating the company ’ s earnings power.

’ We are upgrading Five Below to a Buy from a Hold rating while raising our price target to $165 from $130. We believe the market is vastly underestimating Five Below ’ s near-term earnings power given the company ’ s recent merchandising and pricing changes under newlyminted CEO Winnie Park."

Piper Sandler upgrades Chipotle to overweight from neutral

Piper Sandler said the risk/reward is too attractive to ignore.

"We are upgrading shares of CMG to Overweight, from Neutral prior. We particularly like the Risk-Reward because we can get to ~20% upside in a Base Case that revolves around comping +3.0% for the next two years."