Wall Street Analysts Weigh In On Tech Giants

Wall Street analysts have updated their ratings on several major technology and consumer stocks, shaping trading sentiment across U.S. markets.

Morgan Stanley reiterated its 'overweight' rating on Nvidia (NVDA), highlighting the company's potential for annuity revenue from neo-cloud investment and AI model adoption.

The firm also reaffirmed its 'overweight' rating on SpaceX, citing sustained adoption at the AI model frontier and converting that into usage as key drivers of a potential rerating.

Wells Fargo raised Dell Technologies' (DELL) price target to $545 from $505, citing expected server-driven upside in fiscal Q2 2027 results and a better second-half supply outlook.

New Street upgraded Micron Technology (MU) to 'buy' from 'hold', despite margin normalization fears, as the shares remain compelling due to their cyclical trough conditions.