Here are Monday's biggest analyst calls: Nvidia, Micron, Tesla, FedEx, BP, Dell, Starz, Wendy's, Affirm & more

Here are Monday’s biggest calls on Wall Street: D.A. Davidson reiterates Micron as buy The firm said Micron is a table-pounding buy. “Following up on our recent initiation after investor conversations, we have increased conviction around our BUY rating and $1,000 target. We are blissfully unencumbered by the memory industry’s past.” Baird upgrades Starz Entertainment to outperform from neutral Baird said it sees an “interesting mix of drivers” for the entertainment company. “We think STRZ holds a unique and favorable position in the entertainment landscape, strengthened by its separation from the studio roughly one year ago.” Read more. UBS downgrades Dell to neutral from buy UBS downgraded the stock mainly on valuation. “We downgrade DELL shares to Neutral from Buy as the risk/reward going forward is more balanced following strong execution over the past 12 months as the shares are up ~170% vs the S & P 500 up ~30%.” Read more. Piper Sandler reiterates Tesla as overweight Piper published its second edition of its definitive guide to Tesla investing and says it sees a slew of positive tailwinds in the years ahead. “To understand Tesla’s valuation, investors must look far beyond near-term deliveries and out-year EPS RBC upgrades BP to outperform from sector perform RBC says the oil and gas giant is firing on all cylinders. “Following a number of missteps, the current windfall presents a second chance fo r BP to deleverage and restore financial health, while it should also help put the company on firmer footing for the coming years. We see the combination of strong commodity prices, recent exploration success and new management providing an opportunity to restore investor confidence.” Wells Fargo initiates Madison Air Solutions as overweight Wells says Madison is a data center beneficiary in cooling. “Initiating coverage with an OW rating based on thematic data center tailwinds coupled with best-in-class EBITDA margins. Conservative non-DC growth assumptions, market penetration opportunity, and future M & A leaves upside.” JPMorgan downgrades Wendy’s to underweight from neutral JPMorgan says it sees too many negative catalysts. “We are moving Wendy 's to Underweight (from Neutral) with a new $6 Dec-26 target. Key reasons for the downgrade include: 1) continued decline in headline US SSS trends with limited/no visibility for achieving the guided sharp inflection/ improvement in 2H26, 2) lack of direction around company’s future with no permanent leadership, and ongoing sub-optimal allocation of capital/resources…” Goldman Sachs initiates Arxis as buy Goldman says the aerospace company is “unique.” " Arxis was founded with intent to run a long-term A & D compounder model, with critical supply chain components and an acquisition platform; a model that has generated substantial equity value historically in this end-market.” Mizuho upgrades Primoris Services to outperform from neutral Mizuho says the power generation services company has plenty more room to run. “We upgrade PRIM to Outperform after the post-Q1 pullback, as we view the renewable execution issues as transitory and now better reflected in estimates/valuation.” Compass Point initiates Live Oak Acquisition Corp V as buy Compass Point says the capital markets company is a “unique opportunity.” “We are initiating coverage of Live Oak Acquisition Corp. V (LOKV) with a Buy…” Melius reiterates Nvidia as buy Melius says it’s bullish ahead of earnings on May 20. “It’s now Nvidia’s time to rerate — and it has the most upside to any of our targets (the recent 18% move just the beginning). We expect a strong report on May 20th with a meaningful beat and raise.” Deutsche Bank initiates Atour Lifestyle and H World as buy Deutsche says it’s bullish on both China hotel stocks. “We initiate coverage on H World and Atour Lifestyle with Buy ratings, alongside our positive 2026 outlook on the China hotel sector.” UBS upgrades StandardAero to buy from neutral UBS says the risk/reward is favorable for the aerospace company. “We upgrade StandardAero to Buy from Neutral with 36% upside to our 12mo target. The LEAP engine is an idiosyncratic driver that we see adding $1bn of revenue and $200mn of EBITDA by 2030, ontop of a growing core business.” Bank of America adds FedEx and others to its US1 list Bank of America added several stocks to its top ideas list. “We are adding Corning Inc. (GLW), FedEx Corp. (FDX) and C.H. Robinson Worldwide, Inc. (CHRW) to the US 1 List.” Canaccord initiates BridgeBio Oncology Therapeutics as buy Canaccord says the oncology biotech is best positioned. “We are initiating coverage of BBOT with a BUY rating and $23 price target.” Bank of America reiterates Affirm as buy Bank of America raised its price target on the stock to $88 per share from $82 following earnings. “We reiterate our Buy rating on Affirm following a solid F3Q print that featured a clean beat and raise despite an ongoing macro and funding backdrop that remains fluid.”