Analysts Weigh In on SpaceX, Nvidia, Apple, AMD, Pinterest, and Arista Networks

Analysts have weighed in on several major companies, including SpaceX, Nvidia, Apple, AMD, Pinterest, and Arista Networks. Morgan Stanley upgraded Pinterest to 'overweight' from 'equal weight,' citing the company's improving ad sales growth. The firm set a price target of $42 for the stock.

Nvidia is seen benefiting from the ongoing transition to cloud computing, according to Mizuho analyst Vijay Rakesh. He initiated coverage on the stock with a 'buy' rating and a $220 price target.

Arista Networks was upgraded to 'outperform' from 'neutral' by Baird analyst Tristan Gerra. The firm cited the company's strong product pipeline and increasing market share in the data center switching market.