Here are Wednesday’s biggest calls on Wall Street:

Bernstein reiterates Micron as outperform

The firm raised its price target on the stock to $510 per share from $330 ahead of earnings on Wednesday afternoon.

“We maintain Outperform on Samsung, SK hynix and Micron and raise price targets to KRW225,000 (vs 140,000), KRW1,150,000 (vs 750,000) and US$510 (vs 330) respectively, primarily driven by increased forecasts reflecting the stronger conventional memory pricing going forward.”

Bank of America reiterates Nvidia as buy

The firm says it’s sticking with Nvidia following a robust Q&A session at the company’s GTC Conference.

“Maintain Buy, $300 PO and a top AI pick following financial analyst Q&A session at GTC
2026.”

Morgan Stanley reiterates Tesla as equal weight

Morgan Stanley says the robotaxi is key for the stock to work.

“TSLA’s ability to scale the unsupervised robotaxi fleet is the most important catalyst for the stock this year.”

Citi reinstates Netflix as buy

Citi resumed coverage of the stock and says it sees a host of positive catalysts ahead.

“We like Netflix for three reasons: 1) We see scope for NFLX to increase its FY26 EBIT guidance, 2) we expect a US price hike in 4Q26 and 3) we expect larger share repurchases. We see ~5% to ~17% upside from these catalysts.”

Guggenheim reiterates Disney as buy

Guggenheim lowered its price target on Disney but says it’s bullish on the entertainment giant’s new CEO.

“Our updated 12-month price target is $115, down from our prior $140 as we reassess our valuation metrics and the path ahead.”

Truist upgrades Block to buy from hold

Truist says it sees upside potential for Block shares.

“We now see upside potential to Street margin expectations following the ~40% reduction in force, the stock has meaningfully de-rated and we believe capital return could surprise to the upside as FCF generation improves.”

RBC downgrades Starbucks to sector perform from outperform

RBC said the turnaround is taking longer than expected for Starbucks.

“When we assumed coverage in November ’24 at Outperform a key aspect of our thesis was relatively small/temporary investments were required to turn around the US business. That did not materialize given ongoing labor and additional future investments which makes it tougher to justify the Outperform, so we move to the sidelines.”

Citi upgrades Constellation Brands to buy from neutral

Citi expects beer to show “topline acceleration” at the beverage company.

“We upgrade STZ from Neutral to Buy as we forecast a beer topline acceleration in FQ4/FY′27 as scanner data has improved and comps remain easy throughout 2026 as STZ cycles beer category weakness, especially among Hispanic consumers.”