Listed here are Tuesday’s greatest calls on Wall Road: Deutsche Financial institution upgrades Li Auto to purchase from maintain Deutsche mentioned shares of the Chinese language auto firm are compelling. “Following the inventory’s 32% decline since late November we improve Li Auto from Maintain to Purchase, seeing a compelling set-up within the coming quarters pushed by a sturdy product pipeline, additional supported by a gorgeous valuation for a prime tier EV participant.” BTIG downgrades McDonald’s to impartial from purchase BTIG downgraded McDonald’s after its earnings report Monday. “Downgrading to Impartial; Count on Extra Modest Development in Close to-Future as Discounting Intensifies and Center East Battle Weighs on Gross sales.” Deutsche Financial institution initiates Flywire as purchase Deutsche mentioned it sees a gorgeous entry level for the funds firm. ” FLYW is a number one world funds firm that has developed a proprietary funds platform, world funds community, and vertical-specific software program options to facilitate excessive worth, excessive stake funds throughout the Training, Healthcare, and Journey industries in addition to in key B2B vertical markets.” Wedbush upgrades Varonis to outperform from impartial Wedbush upgraded the safety software program firm and mentioned it sees AI tailwinds. “We’re upgrading VRNS to OUTPERFORM from NEUTRAL on the heels of one other robust quarter with additional proof the mannequin transition is hitting its subsequent gear of development and likewise the AI Revolution will give VRNS a transparent tailwind over the following 12 to 18 months in our view.” Rosenblatt initiates Sprinklr as purchase Rosenblatt initiated the shopper expertise platform software program firm and mentioned it sees upside. “We’re initiating protection of Sprinklr with a Purchase score and a $16 value goal. The corporate’s AI-powered Unified-CXM platform unlocks highly effective buyer insights, enabling real-time engagement throughout 30+ digital channels.” UBS upgrades UPS to purchase from impartial UBS mentioned in its improve of the inventory that it sees “enticing EPS development.” “We’re upgrading UPS to Purchase from Impartial as a result of we count on administration to ship a robust price discount program to help margin enlargement and enticing EPS development regardless of dealing with a backdrop of muted income development.” Deutsche Financial institution reiterates Disney as purchase Deutsche mentioned it is sticking with its purchase score on Disney heading into earnings on Wednesday. “Our estimates, at a Consolidated OI [operating income] degree, are primarily unchanged for F1Q, F2Q, and F4Q; whereas F3Q is 4% beneath our earlier estimate. Bernstein reiterates Tesla as underperform Bernstein mentioned it nonetheless sees no near-term constructive catalysts for the inventory. “Regardless of the inventory’s underperformance YTD, we wrestle to see a catalyst for TSLA.” Morgan Stanley reiterates Apple as obese Morgan Stanley mentioned it is bullish on the corporate’s Imaginative and prescient Professional product. “Apple’s Imaginative and prescient Professional headset represents a free name choice on the way forward for spatial computing.” Daiwa downgrades Tesla to impartial from outperform Daiwa mentioned in its downgrade of the inventory that the “blows maintain coming” for Tesla. “We’re downgrading TSLA inventory score to three/Impartial from 2/Outperform as we see company governance issues aggravating already powerful monetary circumstances in 2024.” JPMorgan resumes Broadcom as obese JPMorgan resumed protection of the inventory following a interval of restriction. “Following a interval of restriction on Broadcom , we’re transferring to an OW score (from Not Rated) and a December 2024 value goal of $1,550.” Piper Sandler downgrades Chegg to underweight from impartial Piper mentioned it sees too many damaging catalysts for the training firm. “We’re decreasing our score on Chegg to Underweight, as a result of firm’s continued restricted visibility, subscriber headwinds (6% decline in FY23), and broader AI associated aggressive pressures.” Morgan Stanley upgrades Open Lending to equal weight from underweight UBS downgrades Plug Energy to impartial from purchase UBS mentioned in its downgrade of the charging firm that it sees “restricted near-term upside.” “We downgrade PLUG to Impartial, as on our value goal of $4.75/shr, potential upside appears to be like restricted close to time period.” Financial institution of America upgrades Tyson Meals to impartial from underperform Financial institution of America mentioned firm fundamentals are enhancing. “Whereas Beef stays a headwind (and is probably going to take action for a while), Rooster fundamentals (and TSN’s execution) have seen materials enchancment.” Redburn Atlantic Equities downgrades Bristol-Myers to impartial from purchase Redburn mentioned in its downgrade of the inventory that it sees no near-term constructive catalysts. “We downgrade BMY to Impartial following a reconsideration of the medium-term outlook within the wake of a number of acquisitions and product updates.” Citi upgrades Palantir to impartial from promote Citi mentioned in its improve of the inventory that it is seeing some “breakthrough momentum” after its earnings report on Monday. “We’re upgrading shares of PLTR to Impartial/Excessive Threat from Promote/Excessive Threat after a stronger-than-expected This fall and outlook that implies some breakthrough momentum within the Industrial enterprise.” Northcoast initiates TKO as purchase Northcoast says it is bullish on the UFC and WWE mixed firm. “Merely put, we really feel the mix of the UFC and WWE property brings collectively two distinctive and exceptionally entrepreneurial management groups to create a mixed sports activities juggernaut with the chance to leverage one another’s robust fits and propel TKO to new heights.” JPMorgan resumes BeiGene as obese JPMorgan mentioned it sees a gorgeous entry level for the pharmaceutical firm. “We just lately assumed protection of BeiGene (BGNE – ADR) and are transferring to an Chubby score from a Not Rated designation and establishing a December 2024 value goal of $185.” JPMorgan reiterates UBS as obese The agency mentioned UBS remains to be a prime decide after its earnings report. “Though the 4Q outcomes are weaker than consensus pushed by greater prices than anticipated, we put the emphasis on UBS targets and the trail to growing right into a WM [wealth management] powerhouse, being the most important solely World WM as we speak already.