Here are Thursday ’ s biggest calls on Wall Street:

KeyBanc reiterates Nvidia as overweight

KeyBanc said it ’ s bullish heading into earnings next week.

"We see favorable risk/reward into earnings with NVDA trading at 25x our FY26 EPS. Reiterate OW.

Goldman Sachs reiterates Snowflake as buy

Goldman said it ’ s sticking by Snowflake following earnings on Wednesday.

"Solid Print, Guidance Raise Fall Short of High Expectations; Constructive on Stabilizing Trends, Emerging AI Product Cycle."

Bank of America reiterates Dell as buy

Bank of America lowered its price target on Dell to $150 per share from $180 but said investors should buy the dip.

"We continue to believe that the fundamentals of the stock are strong and that the stock pull back offers a particularly attractive opportunity for investors."

Citi downgrades TJX to neutral from buy

Citi said it sees a more balanced risk/reward following earnings.

"We are downgrading TJX from Buy to Neutral, though raising our TP from $110 to $128 ( 7% upside ) ."

Morgan Stanley initiates Flutter as a top pick

Morgan Stanley said the overweight-rated gambling company is a new top idea at the firm.

"Flutter has a compelling global long-term growth story. It is the scale leader in online gambling, ~3x larger than its nearest peers by revenue."

Wells Fargo upgrades SentinelOne to overweight from equal weight

Wells Fargo said the cybersecurity company is a beneficiary of rival CrowdStrike ’ s recent issues.

"We believe SentinelOne is gaining share, recently at the expense of CrowdStrike, which should translate into stronger revenue growth."

Bank of America upgrades Unilever to buy from underperform

Bank of America said it sees burgeoning growth for the home goods goliath.

"We double-upgrade Unilever ( ULVR ) to Buy from Underperform as we believe that organic growth will reach a CAGR of 4.6% in 2024-27E on the back of stronger underlying growth ( more favourable sub-category exposure post portfolio measures ) and market share improvement..."

Morgan Stanley reiterates Microsoft & Meta as overweight

Morgan Stanley said its checks of large-cap institutional ownership show that Microsoft is under-owned while Meta is over-owned.

"MSFT remains the most under-owned mega cap tech stock we track, while META remains the most over-owned>"

Wells Fargo initiates Disc Medicine as overweight

Wells said it ’ s bullish on the biopharma company.

"Disc Medicine, Inc. ( IRON ) is a clinical-stage biopharmaceutical company developing therapies to treat hematologic diseases."

Citi opens a positive catalyst watch on JD.com

Citi said shares could rise quickly as the China e-commerce company steps up buybacks.

"Over the past 6-12 months, internet companies have been increasingly accelerating their buyback activities. JD is among the notable ones that have stepped up their buyback pace aggressively."

Piper Sandler upgrades Estee Lauder to overweight from neutral

Piper said it sees a compelling entry point following earnings earlier this week.

"We ’ re upgrading shares of EL to Overweight from Neutral and raising our price target to $114 from $95."

Telsey downgrades Urban Outfitters to market perform from outperform

Telsey downgraded the stock following earnings.

"While URBN delivered a second consecutive quarter of better-than-expected sales, gross margin, and expense control, the comp miss disappointed, with underperformance at all three brands relative to market expectations."

Williams Trading upgrades Crocs to buy from hold

Williams said it ’ s bullish on Crocs adding actress, Sydney Sweeney as a brand ambassador.

"The announcement yesterday that actress & producer, Sidney Sweeney was engaged as HEYDUDE ’ s Dude and brand ambassador and global spokesperson. We believe that the counterintuitive addition of Ms. Sweeney will successfully attract young consumers and bring needed attention to the HEYDUDE brand."

Loop reiterates Apple as buy

Loop said its survey checks on Apple show September "iPhone shipments are tracking stronger than anticipated."

"Reiterating our Buy and $300 PT after the work of Loop Capital Supply Chain Analyst John Donovan suggests that Sep Q iPhone shipments are tracking stronger than anticipated."