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Apple $AAPL price target raised to $360 from $330 at Morgan Stanley

Morgan Stanley analyst Erik Woodring raised the firm's price target on Apple to $360 from $330 and keeps an Overweight rating on the shares.

The kickoff of the WWDC meeting illustrated clear progress on Apple's AI roadmap and suggested an earlier monetization opportunity than we expected, the analyst tells investors.

However, the kickoff event also showed Apple Intelligence improvements "will be a marathon, not a sprint," the analyst said. WWDC "was a step in the right direction - and should only get better from here," the analyst added.

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UBS sees Micron $MU reporting results well ahead of guidance

UBS analyst Timothy Arcuri models Micron's fiscal Q3 report at $36.0B in revenue and $20.96 of earnings per share, well ahead of the company's guidance. The upside is all driven by better pricing, the analyst tells investors in a research note.

UBS says its latest round of industry checks show Micron's pricing continues to move higher. It is "only a matter of time before the market assigns MU a more normal multiple as details emerge around the structural changes AI has driven across the entire memory complex," the firm contends.

It keeps a Buy rating on Micron shares with a $1,625 price target.

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Alphabet $GOOGL $GOOG price target raised to $475 from $450 at TD Cowen

TD Cowen analyst John Blackledge raised the firm's price target on Alphabet to $475 from $450 and keeps a Buy rating on the shares.

The firm upped its long-term Google Cloud estimates following a gigawatt capacity and cloud AI revenue analysis. TD expects Google GW capacity to rise over 10-times from 2022 to 2031 to support sharp growth in enterprise and consumer AI demand.

The firm also sees Google's cloud margins rising rise steadily. Street estimates will rise in coming quarters, TD contends.

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⚡️Cantor Fitzgerald raised price targets on both Micron and SanDisk, while maintaining Overweight ratings.

$MU to $1,500 from $700
$SNDK to $2,900 from $1,800

The firm citing an AI-driven memory supercycle and sustainable industry tailwinds.
According to Cantor, the memory trade remains in the "mid-innings," with further upside ahead.

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🔝Oppenheimer raised the firm's price target on Oracle $ORCL to $275 from $235 and keeps an Outperform rating on the shares. The firm also reiterates Oracle as its top 2026 pick ahead of Q4 results.

Oppenheimer expects to see positive results from Oracle in its seasonally strong Q4 and support for its superior EPS compounder thesis. For the most part, the enterprise software companies in the firm's universe reported solid results in the recent earnings season citing healthy demand.

There has also been robust capex spending reported from Oracle's largest partners which, in Oppenheimer's view, reflects greater than expected IT demand for Oracle as the company supplies compute and infrastructure software to these large vendors.

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⚡️BofA analyst Tal Liani raised the firm's price target on Nebius $NBIS to $280 from $240 and keeps a Buy rating on the shares, citing strengthening compute demand and an increasingly strategic software stack.

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UnitedHealth $UNH price target raised to $460 from $440 at Mizuho

Mizuho raised the firm's price target on UnitedHealth to $460 from $440 and keeps an Outperform rating on the shares.

The firm believes the managed care sector is entering a "more stable and predictable" policy environment.
The magnitude and frequency of policy-related surprises are likely to moderate from the elevated levels of the past three years, allowing investors to focus on underlying company fundamentals, pricing recovery, and the sector's embedded earnings power, the analyst tells investors in a research note.

Mizuho upped price targets across the sector to reflect the more stable regulatory and legislative backdrop,

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Nokia $NOK price target raised to EUR 14.40 from EUR 11 at BofA

BofA raised the firm's price target on Nokia to EUR 14.40 from EUR 11 and keeps a Buy rating on the shares.

After having hosted Nokia Head of IR David Mulholland at the firm's Global Tech Conference in San Francisco, the firm believes Nokia is well-positioned as a data center interconnect and scale-across leader for optical transport and set to ramp data center switching revenues, the analyst tells investors.

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SanDisk $SNDK price target raised to $2,200 from $1,825 at Mizuho

Mizuho analyst Vijay Rakesh raised the firm's price target on SanDisk to $2,200 from $1,825 and keeps an Outperform rating on the shares.

The firm upped the company's estimates following its quarterly AI application-specific integrated circuit roadmap call. Mizuho sees potential for 35M tensor processing units in 2028, or 8-times the 4.3M units in 2026.

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Micron $MU price target raised to $1,220 from $550 at Wells Fargo

Wells Fargo raised the firm's price target on Micron to $1,220 from $550 and keeps an Overweight rating on the shares.

Despite strong stock performance, the firm sees continued upside driven by greater confidence in duration of persistent memory tightness, SCA engagements, and Micron's execution.

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SanDisk $SNDK price target raised to $2,100 from $1,550 at BofA

BofA analyst Wamsi Mohan raised the firm's price target on SanDisk to $2,100 from $1,550 and keeps a Buy rating on the shares.

The firm raised estimates given strong trends in pricing and continued strong demand, noting that its FY27 revenue and EPS estimates move up to $44B and $188, respectively.

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🔼Tesla $TSLA gets another upgrade to Hold from Sell at Erste Group

The firm says Tesla's sales and profits will increase this year, supported by new products.
However, Tesla's "very high" valuation "severely limits the further potential for stock price growth," the analyst tells investors in a research note.

Erste says the company's sales trends have improved and its operating margin has also risen.

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🔼 Tesla $TSLA upgraded to Neutral from Underweight at JPMorgan

JPMorgan upgraded Tesla to Neutral from Underweight with a price target of $475, up from $145.

The firm says Tesla is at the "forefront of physical AI" and entering "uncharted" total addressable markets.
The company has an "unmatched" advantage from its industrial level scale, vertical integration across all the hardware and software products it builds, and speed of technology development, the analyst tells investors in a research note.
It believes these are "somewhat under-appreciated" in Tesla shares. JPMorgan sees an earnings "inflection" for Tesla in 2028, with a 50% annual growth rate through 2030 and beyond.

The stock's valuation on near-term earnings "is clearly lofty," but Tesla "deserves the benefit of the doubt" on long-term earnings given that its new markets are unlikely to inflect until 2029.

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🔼Broadcom $AVGO upgraded to Buy at Erste Group on fast growth

Broadcom is growing much faster than its peers in the sector and the stock should continue its upward trend as it benefits from the company's above-average prospects, the analyst tells investors.

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🔽CrowdStrike $CRWD downgraded to Hold from Buy at Berenberg

Berenberg downgraded CrowdStrike to Hold from Buy with a price target of $720, up from $525.

The firm cites valuation for the downgrade following the "solid" fiscal Q1 report. While CrowdStrike is strategically well positioned to benefit from a favorable spending environment as Anthropic's Mythos drives a demand inflection for cybersecurity, the market is pricing in this growth, the analyst tells investors in a research note.

As such, Berenberg struggles to find meaningful upside from current share levels. Compared to its own history, CrowdStrike now sits 45% above its average valuation multiple, contends the firm.

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🚨China Renaissance initiated coverage of Nvidia $NVDA with a Buy rating and $319 price target.

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🚨Bullish option flow detected in Reddit $RDDT with 20,693 calls trading, 2x expected, and implied vol increasing over 2 points to 73.36%.

6/5 weekly 185 calls and 6/5 weekly 190 calls are the most active options, with total volume in those strikes near 3,700 contracts.

The Put/Call Ratio is 0.23. Earnings are expected on July 30th.

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Morgan Stanley came away from Computex 'more bullish on Nvidia's leadership' $NVDA

After having attended Nvidia's Computex keynote as well an analyst Q&A in Taiwan this week, Morgan Stanley came away "more bullish on Nvidia's leadership in GPUs as well as the emerging CPU growth opportunity," the analyst tells investors.

The firm, which argues that Nvidia "stands out as the best value in the processor group," keeps and Overweight rating and $288 price target on shares.