Notable analyst calls this week: Palantir, Chevron and Morgan Stanley among top picks

Wall Street’s major market indexes ended mixed on Thursday after a weaker-than-expected June non-farm payrolls report. The heavy-tech Nasdaq (COMP:IND) suffered losses and closed -0.8% as some tech giants such as Tesla (TSLA) and Sandisk (SNDK) declined. Wall Street had Newsletters for Every Investor Get daily, sector-specific newsletters packed with expert insights, fresh ideas, and new opportunities. Subscribe to Newsletters To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser. If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh. Entering text into the input field will update the search result below Entering text into the input field will update the search result below Quick Insights DA Davidson upgraded Palantir citing its growing competitive advantages in orchestrating AI models and positive developments highlighting customer adoption over rivals. Oppenheimer downgraded major banks noting the industry has shifted to late-cycle growth, becoming relatively mature and cyclical, with growth opportunities likely already reflected in stock prices. Wolfe Research upgraded Chevron based on improving long-term free cash flow prospects and the view that current stock prices do not fully reflect these positive fundamentals.