Here Are Friday’s Top Wall Street Analyst Research Calls: Airbnb, Broadcom, Chipotle Mexican Grill, CrowdStrike, Fiserv, Lululemon Athletica, NVIDIA, Tesla, Walmart, and More

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By Lee Jackson Published

Quick Read

  • The Dow Jones surged 1.73% to a record 51,561 as investors rotated out of chip stocks into healthcare and industrials after Broadcom disappointed.

  • JPMorgan tripled Tesla's (TSLA) price target to $475 while Berenberg downgraded CrowdStrike (CRWD) to Hold despite raising its target to $720.

  • Bitcoin tumbled to a four-month low near $61,300, triggering over $1 billion in crypto liquidations before partially recovering.

  • The analyst who called NVIDIA in 2010 just named his top 10 stocks and Broadcom wasn't one of them. Get them here FREE.

Here Are Friday’s Top Wall Street Analyst Research Calls: Airbnb, Broadcom, Chipotle Mexican Grill, CrowdStrike, Fiserv, Lululemon Athletica, NVIDIA, Tesla, Walmart, and More

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Pre-Market Stock Futures:

Futures are trading mixed on Friday as we prepare to close out one of the craziest weeks on Wall Street this year. On a day when we saw yet another all-time high, investors rotated out of chip stocks and into healthcare and industrials after Broadcom (NASDAQ: AVGO | AVGO Price Prediction) posted disappointing results. When the dust settled, the venerable Dow Jones Industrial Average was the big winner, trading up a stunning 1.73% to close at a new record high of 51,561, while the S&P 500, which rallied to finish the day positive, was last seen at 7,584, up 0.41%. The Russell 2000 also had a stellar day, closing the session up 1.48% at 2,936. The only index to finish the day barely lower was the tech-heavy Nasdaq, which saw some rotational selling after a tremendous run, and closed at 26,830, down 0.09%.

Treasury Bonds:

Yields were down across the entire Treasury curve as buyers returned after yields rose earlier this week. Analysts and traders cited growing optimism surrounding a potential Israel-Lebanon ceasefire as materially reducing geopolitical risk. The resulting decline in oil prices alleviated some of the mounting global inflation concerns, which in turn put downward pressure on Treasury yields and supported higher bond prices. When the final bell rang, the 30-year-long bond closed the session at 4.98%, while the benchmark 10-year note was last seen at 4.48%.

Oil and Gas:

Oil prices plunged on Thursday as hopes for an Iran deal continued to drive the energy complex. This comes despite reports that Iran’s oil exports are collapsing to a six-year low. When trading ended, Brent Crude closed at $95.18, down 2.69%, while West Texas Intermediate closed at $93.01, down 3.31%. Natural gas continued its march higher, closing up 4.14% at $3.35. 

Gold:

The precious metals had a solid day, despite published reports suggesting that China’s massive appetite for the commodity may be cooling after years of heavy accumulation. Commerzbank remains very positive, with year-end price targets of $4,800 for gold and $80 for silver. The actual closing prices for the two were $4,475, up 0.93%, and $74.05, up 1.62%, respectively.

Crypto:

Cryptocurrency markets tumbled Thursday, with Bitcoin plunging to around $61,300, its lowest level in nearly four months, before staging a partial recovery into the $62,000–$64,000 range. The sell-off triggered more than $1 billion in liquidations across the market, as Ethereum and major altcoins, including Solana and XRP, dropped by roughly 3–4%. At 8 AM EDT, Bitcoin traded at $62,110, while Ethereum traded at $1,672. 

24/7 Wall St. reviews dozens of analyst research reports daily to identify new investment ideas for both investors and traders. Some of these daily analyst calls cover stocks to buy. Other calls cover stocks to sell or avoid. Remember that no single analyst call should ever be used as a basis to buy or sell a stock. 

 

Here are some of the top Wall Street analyst upgrades, downgrades, and initiations seen on Friday, June 5, 2026. 

Upgrades:

  • Broadcom (NASDAQ: AVGO) was upgraded to Buy from Hold at Erst Group, without a target price.
  • Chipotle Mexican Grill (NYSE: CMG) was raised to Overweight from Neutral at JPMorgan, which trimmed the price target for the shares to $35 from $38.
  • FormFactor (NASDAQ: FORM) was upgraded to Outperform from In Line at Evercore ISI, with a $155 target price objective.
  • Tesla (NASDAQ: TSLA) was upgraded to Neutral from Underweight at JPMorgan, which increased the target price for the EV giant to $475 from $145.
  •  Tidewater (NYSE: TDW) was upgraded to Buy from Hold at Fearnley, with a $90 target price.

Downgrades:

  • CrowdStrike Holdings (NASDAQ: CRWD) was downgraded to Hold from Buy at Berenberg, which lifted the target price for the shares to $720 from $525.
  • Fiserv (NASDAQ: FISV) was cut to Underperform from Neutral at BNP Paribas, which has a $46 target price.
  • Lululemon Athletica (NASDAQ: LULU) was downgraded to Neutral from Buy at BTIG Research, without a price target.
  • Suncor Energy (NYSE: SU) was cut to Neutral from Buy at Goldman Sachs, with a $72 target price.
  • Walmart (NYSE: WMT) was cut to Hold from Buy at Erste Group, without a target price.

Initiations:

  • Airbnb (NASDAQ: ABNB) was initiated with an Outperform rating at CICC, which has set a $165 target price for the stock.
  • Comfort Systems USA (NYSE: FIX) was started with a Buy rating at Erste Group, without a price target.
  • FedEx Freight Holding Company (NYSE: FDXF) was initiated with a Hold rating at Stifel, with a $160 target price.
  • Guardant Health (NYSE: GH) was initiated with a Buy rating at Goldman Sachs, with a $165 target price objective.
  • NVIDIA (NASDAQ: NVDA) was started with a Buy rating at China Renaissance, with a $319 price target. 

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About the Author Lee Jackson →

Lee Jackson has covered Wall Street analysts' equity and debt research and equity strategy daily for 24/7 Wall St. since 2012. His broad and diverse career, which included a stint as the creative services director at the NBC affiliate in Austin, Texas, gives him unique insight into the financial industry and world.

Lee Jackson's journey in the financial industry spans over 30 years, with nearly two decades as an institutional equity salesperson at Bear Stearns, Lehman Brothers, and Morgan Stanley. His career was marked by his presence on the sell side during pivotal Wall Street events, from the dot.com rise and bubble to the Long Term Capital Management debacle, 9/11, and the Great Recession of 2008. This is a testament to his resilience and adaptability in the face of market volatility.

Lee Jackson’s practical financial industry experience, acquired from a career at some of the biggest banks and brokerage firms, is complemented by a lifetime of writing on various platforms. This unique combination allows him to shed light on the intricacies and workings of Wall Street in a way that only someone with deep insider experience and knowledge can. Moreover, his extensive network across Wall Street continues to provide direct access for him and 24/7 Wall St., a privilege few firms enjoy.

Since 2012, Jackson’s work for 24/7 Wall St. has been featured in Barron’s, Yahoo Finance, MarketWatch, Business Insider, TradingView, Real Money, The Street, Seeking Alpha, Benzinga, and other media outlets. He attended the prestigious Cranbrook Schools in Bloomfield Hills, Michigan, and has a degree in broadcasting from the Specs Howard School of Media Arts.

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