Buy/Sell: Wall Street's top 10 stock calls this week
What has Wall Street been buzzing about this week? Here are the top 5 Buy calls and the top 5 Sell calls made by Wall Street's best analysts during the week of July 20-24. Find all top-rated stocks by the best-rated analysts on TipRanks. Top 5 Buy Calls: 1. Microsoft initiated with an Outperform at CLSA CLSA initiated coverage of Microsoft (MSFT) with an Outperform rating and $535 price target. Enterprise software has "plentiful moats," making CLSA "constructive that current disdain for the sector will eventually." The firm believes the sector "must first become leaner," however. It prefers Microsoft and Adobe (ADBE) shares. Microsoft assumed with an Overweight at Morgan Stanley Morgan Stanley assumed coverage of Microsoft with an Overweight rating and a price target of $600, down from $650. Azure, Copilot, and the trajectory of gross margins are becoming "the clearest indicators" that Microsoft's AI investments are translating into durable value creation, says the analyst, who believes better-than-expected Azure and Copilot results in the next few quarters can serve as a catalyst for a positive re-rating. 2. Netflix upgraded to Buy at Phillip Securities Phillip Securities.
What has Wall Street been buzzing about this week? Here are the top 5 Buy calls and the top 5 Sell calls made by Wall Street's best analysts during the week of July 20-24.
Find all top-rated stocks by the best-rated analysts on TipRanks.
Top 5 Buy Calls: 1.
Microsoft initiated with an Outperform at CLSA CLSA initiated coverage of Microsoft (MSFT) with an Outperform rating and $535 price target.
Enterprise software has "plentiful moats," making CLSA "constructive that current disdain for the sector will eventually." The firm believes the sector "must first become leaner," however.
It prefers Microsoft and Adobe (ADBE) shares.
Microsoft assumed with an Overweight at Morgan Stanley Morgan Stanley assumed coverage of Microsoft with an Overweight rating and a price target of $600, down from $650.
Azure, Copilot, and the trajectory of gross margins are becoming "the clearest indicators" that Microsoft's AI investments are translating into durable value creation, says the analyst, who believes better-than-expected Azure and Copilot results in the next few quarters can serve as a catalyst for a positive re-rating.
2.
Netflix upgraded to Buy at Phillip Securities Phillip Securities.