Here are the biggest appeals on Thursday on Wall Street: Wells Fargo started Coinbase when the underweight Wells said at the start of the crypto company that it found too much difficulty for Coinbase shares. . “Challenging environment means operating results will continue to come under pressure > Read more about this call here. HSBC initiated JinkoSolar when buying HSBC notes that the solar module maker has “big advantage at the forefront”. A leading solar manufacturer in shipments, overseas networks, and vertical integration. Jinko is leading the race to switch to new technology and will also enjoy benefit from higher demand and lower diversified vehicle prices.” We believe HOG has not seen a significant decline in consumers, and recent dealer feedback has included ‘if you buy us a bike, we’ll sell them.'” Citi reiterated Alphabet’s acquisition of Citi, saying trends are improving for the search giant. “While we recognize broader macro challenges, they are I believe advertising trends in Q3 have improved and with Alphabet focus on improving efficiency & cutting costs and trading shares at 16x EPS GAAP 2023E, we reiterate Buy rating and $140 price target.” Cowen initiated CyberArk because it outperformed Cowen said it sees “growth and profitability” for the company. “We think CYBR is also positioned to sustain above 20% revenue growth and double-digit profits in the coming years driven by 1) a comprehensive identity security platform focused on smart privilege control, 2) growth driven by mobility and greenfield opportunities, 3) shifting to a subscription model resulting in a Company with an LT 40 Rule that provides growth and profitability.” Truist which initiated Rivian when it bought Truist said the electric vehicle maker is a “diverse mobility technology powerhouse.” “While Rivian is just starting to deliver its first cars, the company has been strategically positioning, raising capital and building its vertically integrated ecosystem for over a decade.” Read more about this call here. Piper Sandler reiterated Tesla when overweight Piper lowered Tesla’s share price target to $340 per share from $360, but said it shows no signs of eroding its Chinese market share. “Recently, there have been some customer inquiries regarding Tesla’s location in China, due to mid-August price noise. We are also asking questions about: our expectations for shipping in Q3. … On topic #1: we see no evidence of market share erosion in China.” Stifel reiterates Marvell when buying Stifel said Marvell is one of the stocks with resilience within the company’s coverage. “Probably not 100% Immunity to Macros, but Very, Very Resilient… and A Powerful Sharing Factor.” UBS upgrades Kraft Heinz to neutral with sale UBS says downside risk has been priced into the stock. “We are upgrading KHC to Neutral, but maintaining it at $34 PT. When we downgraded KHC to Sell, we are concerned about the company’s ability to increase EBITDA in 2023 due to persistent inflationary pressures. along with our expectation of less price contribution.” Bank of America downgraded Apple to neutral with the Bank of America acquisition saying it sees a more balanced risk/reward and weaker consumer demand for the iPhone maker. “However, we see a risk to this better performance next year, as we expect negative material estimate revisions due to weaker consumer demand.” Read more about this call here. Citi Reiterates Amazon as a Top Pick Citi said it is optimistic with Amazon’s announcement that it is renewing its line of connected home vision products. “While we expect Echo, Kindle and Fire devices to be updated ahead of the important holiday season, we believe the most notable thing about the announcements is the expansion of the smart TV lineup. with the Omni QLED Series.” Evercore ISI upgrades First Solar to outperform its peers Evercore said in its stock upgrade that it is a major beneficiary of the Inflation Reduction Act. “In our view, first solar is uniquely positioned to benefit from both the push and pull of the new supply and demand benefits offered by the IRA.” Rosenblatt Upgrade Apple buys from neutral Rosenblatt says that their survey tests show that consumers love the latest iPhone products. “We upgraded Apple to Buy from Neutral and moved our price target from $29 to $189. Read more about this call here. Goldman Sachs founded Getty Images Holdings because Goldman was neutral,” said Goldman Sachs. visual media companies have a significant opportunity to grow revenue. “Content creators and differentiated markets with compelling growth initiatives.” Oppenheimer upgrades Wix.com to outperform with operational efficiency.” We believe Wix has the potential to be more efficient to deliver meaningful shareholder value. It was recently revealed that Starboard has established a ~9% stake on the premise that the stock is “undervalued” and represents an “attractive investment opportunity.” JPMorgan reiterates Exxon as overweight JPMorgan for know that they like the company’s portfolio.