Here are the biggest calls on Wall Street on Tuesday: Goldman Sachs upgrades SolarEdge to buy from sell Goldman says concerns about liquidity are overdone for the solar company. ” SEDG (Up to Buy): Liquidity fears overblown and ‘shrink to grow’ strategy on the back of restructuring efforts estimated to alleviate [free cash flow] burn in 2025.” Piper Sandler initiates Riot Platforms and Mara Holdings at overweight Piper said it’s bullish on several bitcoin mining companies. “We are expanding our crypto-related coverage universe to include the publicly-traded Bitcoin miners MARA Holdings Inc, (MARA), Riot Platforms Inc. (RIOT) …” Stifel upgrades Cloudflare to buy from hold Stifel says the cyber company has “upside optionality.” “We upgrade Cloudflare to Buy and raise our [target price] to $136, as we believe Cloudflare is positioned to deliver improving execution, and upside to numbers, against a massive and growing [total addressable market].” Truist reiterates Meta Platforms as buy Truist says the Instagram owner is a top pick in 2025. ” Meta continues to successfully reinvent itself and outgrow the industry. Reels remains under-appreciated while Threads should start seeing monetization in 2025.” Mizuho upgrades Tesla to outperform from neutral Mizuho says it sees an “improving outlook” under the Trump administration. “We are upgrading TSLA to Outperform as we see idiosyncratic tailwinds over the next ~4Y positioning it favorably as: 1) Loosening Autonomous Driving (AD) regulatory framework provides more [full self-driving]/Robotaxi valuation upside, 2) new Trump administration policies positions TSLA better with lower EV cost structure relative to peers …” UBS initiates Manchester United as buy UBS says it’s bullish on the UK soccer club. ” Manchester United’s glory days of the 1990s may be a distant memory but, with a revenue base largely unmatched by any Premier League peer, we believe Manchester United should (eventually) compete for the top spots of the Premier League and Champions League.” Goldman Sachs reiterates Nike as buy Goldman says it’s staying bullish ahead of earnings later this week. “Net, we believe that recent data points suggest that it is still early in Nike’s turnaround journey, and that we have yet to see signs of material brand heat improvement.” Morgan Stanley initiates Elastic NV as overweight Morgan Stanley says it sees “sustained growth.” ” Elastic’s core search end market is poised to accelerate as customers modernize search experiences and are early in bringing GenAI to their apps.” Morgan Stanley upgrades Shoals to overweight from equal weight Morgan Stanley upgraded the solar tech company after a series of management meetings. “We hosted SHLS CEO Brandon Moss for a series of investor meetings in NYC. We came away with increased confidence in the earnings outlook and execution heading into 2025.” Morgan Stanley initiates Hims and Hers at overweight Morgan Stanley called the telehealth company a “compounding machine.” “HIMS is well-positioned to capitalize on growing demand across multiple segments for personalized medication.” BMO names Amazon a top pick BMO says the dominant e-commerce platform is a favorite idea in 2025. “Our top Internet pick this year is Amazon , with a multi-year AI/IT workload shift towards AWS, given its leadership position across the full stack.” Jefferies names Planet Fitness a top pick Jefferies called the fitness company the “Walmart of gym’s.” ” PLNT’s adjustments to its franchisee model and price increases are expected to reaccelerate unit demand. Additionally, we believe the shift towards strength equipment aligns with consumer trends, potentially lowers build costs, and attracts more members.” Morgan Stanley upgrades Quest Diagnostics to overweight from equal weight The firm said in its upgrade of Quest that 2025 is the “year of the labs.” “We expect volume should remain strong via healthy utilization trends continuing into 2025, in line with commentary from broader healthcare sector constituents …” Morgan Stanley upgrades Timken to overweight from equal weight Morgan Stanley says the bearings and power transmission engineering company is attractive. “However, with macro and geopolitical uncertainty still [around] we think risk remains elevated, and thus our choices for higher beta are names which we think represent the more de-risked and attractive fundamental stories where we think ‘value’ can be unlocked in the coming year: WillScot Holdings Corporation (WSC), CNH Industrial (CNH), and Timken Company (TKR).” Wells Fargo upgrades EOG Resources to overweight from equal weight Wells says it sees buybacks ahead for the oil exploration company. “We u/g EOG to OW for its buyback catalyst.” JPMorgan reiterates SharkNinja as overweight JPMorgan says the consumer products company is a “high conviction” idea in 2025. “We place SN on Positive Catalyst Watch as we believe Q424 earnings results and initial 2025 guidance will drive better appreciation among investors to ongoing momentum and visibility into the pipeline of innovation and distribution gains.” Goldman Sachs names Dell and Arista top 2025 picks The investment bank says the two companies have “early market share leadership in AI servers and switching.” “We are selectively positive on ANET and DELL as beneficiaries of the AI infrastructure demand because of their early market share leadership in AI servers and switching.” Wolfe reiterates Nvidia as outperform Wolfe says the AI chipmaker is a top idea heading into 2025. ” NVDA remains one of our favorite names in semis as well as we expect its strong competitive position in AI will drive strong demand/pricing leverage for its datacenter [graphics processing units] over the next several years.” Rosenblatt initiates MongoDB at buy Rosenblatt said in its initiation of MongoDB that it’s bullish on the database platform company. “With the stock’s recent weakness on what we view as mostly misunderstandings, we are initiating coverage with a $350 target price and a Buy recommendation. Telsey upgrades Albertson’s to outperform from market perform The firm says it’s upgrading the grocery chain after a series of meetings with management. “Our discussion with Albertsons increased our visibility and confidence in the potential for growth in sales and profits — following the termination of the Kroger-Albertsons merger after two years of effort.” Barclays names Block a top pick Barclays says the payment tech company is best positioned in 2025. ” SQ (OW): We believe the company sets up well next year, due to: 1) new products/offerings in Seller related to orders migration; 2) ongoing expansion of third-party distribution deals; 3) further digital wallet capabilities within Cash App; 4) [buy now, pay later] addition to Cash App Cards …”