Wall Street's Intense Ratings Adjustment on Tuesday: NVIDIA, Microsoft, Apple, SpaceX, and Others Receives Positive Outlook from Institutions

BlockBeats News, September 1st, several Wall Street institutions released their latest ratings. Nvidia, Microsoft, Apple, SpaceX, Cisco, Airbnb, Uber, and others received positive evaluations.

Among them, Baird reiterated Nvidia's "Outperform" rating, believing that the company remains one of the preferred large-cap stocks due to its market-leading position and continuous growth in the inference business; Bank of America reiterated a "Buy" rating for Microsoft and raised the target price from $500 to $600, stating that Azure's accelerated growth further validates its AI strategy.

JPMorgan reiterated Apple's "Overweight" rating, believing that despite the expected decline in global smartphone shipments in 2026, Apple will benefit from an increased market share in the high-end device market. Bernstein reiterated SpaceX's "Outperform" rating, believing that the addition of the Starbase launch facility in Louisiana will provide crucial infrastructure for future Starship launches and orbit data center construction.

In addition, Deutsche Bank initiated coverage of Cisco for the first time with a "Buy" rating; Rosenblatt initiated coverage of Uber and Airbnb for the first time and assigned a "Buy" rating with target prices of $100 and $220, respectively; KeyBanc initiated coverage of eToro with a "Overweight" rating; Piper Sandler upgraded Tempus AI's rating to "Overweight," with the target price raised from $56 to $76; Evercore ISI upgraded Duolingo's rating to "Outperform."

In other rating updates, UBS downgraded Interactive Brokers from "Buy" to "Neutral"; Bank of America upgraded Timken to "Buy"; Citi initiated positive catalyst coverage on Howmet Aerospace; BMO upgraded Park Hotels & Resorts to "Outperform."