Here are the biggest calls on Wall Street on Monday:

Evercore ISI reiterates Alphabet as outperform

Evercore says it ’ s sticking with shares of the search giant.

"We maintain our Outperform on GOOGL, tho we are lowering our PT from $225 to $200 as we believe probable medium-term uncertainty over the DOJ anti-trust trials and their likely remedies will limit the potential for any near-or-medium-term material re-rating.

Morgan Stanley reiterates Micron as equal weight

Morgan Stanley lowered its price target on the stock to $100 per share from $140.

"Despite concerns we still believe the overall fundamental trajectory at Micron is strong enough to stay EW."

Morgan Stanley reiterates Tesla overweight

Morgan Stanley says it ’ s sticking with its overweight rating heading into Tesla ’ s robotaxi day on Oct. 10.

"Ahead of Tesla ’ s highly anticipated ‘ Robotaxi ’ day on October 10th, investors are contemplating various paths to commercialization and scaling of Tesla ’ s autonomous vehicle technology."

Morgan Stanley upgrades Ase Technology to overweight from equal weight

Morgan Stanley said in its upgrade of Ase that the chipmaker ’ s stock is defensive.

"With our downgrade of memory stocks, we recommend buying quality logic semi stocks with an AI angle."

Morgan Stanley upgrades Chart Industries to overweight from equal weight

Morgan Stanley says the gas liquefication company has "significant exposure to both energy transition and renewables as well as traditional energy."

"GTLS now screens more attractively on our relative revisions, valuation, and risk-reward outlook vs. our coverage."

Evercore ISI upgrades Simon Property to outperform from in line

Evercore says in its upgrade of Simon that it sees strong growth for the real estate investment trust.

"Upgrading to Outperform from In-Line with a new PT of $172 ( up from $160 ) which translates into a total return of 10% including the 5% yield."

Citi initiates Eaton as buy

Citi says the manufacturing company is well positioned.

"Given robust data center power demand growth and ETN ’ s ability to benefit from its diversified power management portfolio, as well as durable secular tailwinds across much of its portfolio, we view ETN as well positioned to deliver multi-year MSD-HSD [ mid single digits - high single digits ] organic growth despite a mixed macro environment in the near-term."

Wells Fargo downgrades Colgate-Palmolive to underweight from equal weight

Wells says gross margin expansion is slowing down.

"We downgrade CL to Underweight. The rise of CL was grounded in fundamentals. But, ultimately, rate of change is set to flip the other way, and we expect CL growth to normalize toward peers now trading at steep valuation discounts vs historical to CL."

Barclays initiates GE Vernova as overweight

Barclays says it sees robust earnings growth for GE Vernova shares.

"Superior top- and bottom-line growth profile, with capital deployment catalyst ahead."

JPMorgan reiterates Apple as overweight

JPMorgan said its Apple survey checks show consumer prefer the iPhone Pro models.

"However, mix continues to be favorable towards Pro models, particularly the Pro Max, with lead times already extended relative to base and Plus models."

Evercore ISI adds a positive tactical trade on Carvana

Evercore says the car company is best positioned for outsized growth.

"We believe Carvana is striking an appropriate balance between industry leading EBITDA margin and its desire for out sized growth."

Evercore ISI upgrades Sprouts Farmers Market to outperform from in line

Evercore upgraded the grocery chain following a series of meetings with management.

"We are upgrading SFM to Outperform with our Base Case increased to $120 reflecting comp and margin levers following a constructive meeting with CEO Jack Sinclair, CFO Curtis Valentine, and Head Merchant Scott Neal late last week."

BTIG downgrades Ally Financial to neutral from buy

BTIG said it sees no near term positive catalysts for the banking company.

"We downgrade ALLY shares to Neutral from Buy and remove our $44 target price. We are uncomfortable recommending to investors to buy Ally shares today, even with shares down 17% wk/wk, as we don ’ t anticipate positive catalysts for the rest of 2024 versus waiting until we get more clarity on 2025 ′ s trajectory."

Mizuho upgrades Ameren to outperform from neutral

Mizuho says the electric utility is poised for a rerating.

"Shares of AEE currently trade at a ~1% P/E discount to the electric utilities group, and we believe shares can re-rate to a high-single-digit premium."

Wedbush upgrades Zillow to outperform from neutral

Wedbush says the online real estate company will benefit from lower rates.

"In addition to the potentially positive catalyst of lower mortgage rates for Zillow ’ s core brokerage business, we see Zillow ’ s software and services ( S&S ) initiatives adding to potential upside risk to our estimates."

Truist upgrades Builders FirstSource to buy from hold

Truist says it sees outsized growth for the building products company.

"BLDR ’ s size and continued push into value-add products and digital offerings should drive faster than market growth, with a new margin range becoming the norm."

Melius upgrades Oracle to buy from hold

Melius says it sees a sustainable pipeline for shares of Oracle.

"You could say we are late, upgrading a stock that is up 54% year-to-date - but we could be just in the middle of a move. We see close to $8.50 in terms of an EPS run rate within 2 years - and with our biggest worries muted - we find it hard not to put a 25x multiple on a company set to grow faster than Salesforce and Adobe."

Citi upgrades Entegris to buy from neutral

The firm says the semiconductor supplier is defensive.

"We believe Entegris wafer starts driven business is less cyclical than WFE [ wafer fab equipment ] market with 75% of the revenue is unit-driven, and the company is in a good position to benefit from the leading-edge growth in 2025."

Bank of America reiterates Nvidia as buy

Bank of America says it ’ s sticking with shares of the semi chip giant.

"Our top 3 sector picks remain NVDA, AVGO, KLAC which are most favorably exposed to HPC [ high performance computing ] and rising chip complexity."

Wells Fargo reiterates Coca-Cola as overweight

The firm raised its price target on the stock to $78 per share from $73.

"We think KO is emerging as the cleanest mega cap in Staples, with fundamental catalysts at still reasonable relative valuation."