Here are Thursday’s biggest comments on Wall Street: KeyBanc upgrades Sherwin-Williams to industry overweight Key said investors should buy the paint company’s shares on dips. ” SHW: Upgrade to overweight on profit share, cycle bottom and strong gradually increasing margins.” Bernstein Starts General Motors Outperforms Bernstein said GM’s stock has plenty of room to rise. “The company is shifting from lofty long-term goals to more tangible returns for shareholders. We expect 2024 performance to push shares higher, while management has four distinct opportunity to realize more value.” Evercore ISI reiterates that Nvidia outperformed Evercore said investors should take advantage of any weakness in the stock to buy on dips. The company also said Meta’s earnings report was a bullish sign for the stock. “our top AI games: NVDA, AVGO, AMD, MRVL, powered by META commentary.” JPMorgan downgraded Monster Beverage to neutral from overweight JPMorgan downgraded the stock due to “cost pressure.” “Monster Beverage (MNST) 1Q24 earnings results expected Wednesday, May 8, AMC, [after market close] HSBC said UPS is “returning to earnings growth” according to the company’s earnings report. reflects positive USPS contract…could restore confidence in 2026 guidance. Upgrade to Buy (from Hold), raises price target to $170 (from $150).” Goldman Sachs upgrades Companies TJX to Buy from Neutral Goldman said the discount retailer is well-positioned to increase the stock. “We view TJX as a best-in-class operator and market share winner.” Goldman Sachs sets up Victoria’s Secret as it sells Goldman said it sees “tough macro and continued competitive pressure” for the lingerie company. “We view VSCO as the market leader in the category underwear with a number of idiosyncratic initiatives that will help improve positioning in the long term and we have a constructive opinion on the company’s store refresh program, customer loyalty products and a focus on product innovation. However, we see the risk/return as less attractive than peers in the apparel sector and our brand in the near term.” Wells Fargo upgrades Five Below to overweight from balanced. Wells said it finds the risk/reward “compelling” for Five Below shares. FIVE has encountered a number of problems and now appears poised to lower guidance amid a difficult backdrop. While far from ideal, we don’t believe the story is broken and the risk/reward looks very good for those with some patience. “UBS upgrades UDR to buy from neutral UBS says real estate investment trust’s shares are attractive.” We upgrade UDR to Buy as we become increasingly confident in its rental growth trajectory at a favorable valuation.” UBS reiterates Amazon buy UBS raised Amazon’s share price target to $215 /share from $198. “At the same time as this report, we released a new model with revised estimates. We believe investor focus in 1Q24 has broadened to looking at total franchise revenue and operating income compared to the narrower scope on AWS previously, especially as the pace increases growth has recovered from the 2Q23 bottom to 3Q23.” Bank of America Reiterates Meta on Buy Bank of America said it will continue with its buy rating on the media giant’s stock social post-earnings on Wednesday ” Meta is an investment in growing mobile and social Internet usage, while providing access to the growing use of AI/ML technology and underlying Potential long-term Metaverse association. Morgan Stanley reiterates Ford is overweight Morgan Stanley said it maintained its overweight rating on the stock after Wednesday’s earnings report. “Ford’s stronger-than-expected first quarter aptly encapsulates the Dearborn conundrum.” Needham Upgrades Silicon Labs for Acquisition Needham said the semis maker is well-positioned for a semis recovery. “We are upgrading SLAB to Buy from Hold as we believe the company is well-positioned for a semiconductor cyclical recovery.” Bank of America downgrades Deckers to neutral from buy Bank of America said it sees better risk/return elsewhere in the company’s insurance coverage. “We downgrade DECK from Buy to Neutral. We think the stock is ready for a pause and see a more balanced risk/reward at 21x EV/EBITDA.” DA Davidson Upgrades Manhattan Associates to Buy from Neutral DA said it is increasingly bullish on the supply chain software solutions company. “We have appreciated the unique appeal of our Manhattan business since we began operations 14 months ago and now find the company even stronger and available at a discounted price.” Goldman Sachs reiterates purchase of ServiceNow Goldman said it would continue to stick with software stocks after Wednesday’s earnings report. “In our view, ServiceNow has the potential to be a relatively defensive business in the event of a macroeconomic downturn.” Bank of America reiterates buy of IBM Bank of America said it maintained its buy rating after Wednesday’s earnings report. “We view IBM as a defensive investment due to its high exposure to recurring sales, cost-cutting leverage, solid balance sheet, stock upside potential, and comparable profit margins. relatively stable.” Deutsche Bank reiterates Tesla holdings Deutsche raised its price target on the stock to $136 per share from $123. “In our view, the market’s strong positive reaction to Tesla’s mixed Q1 print represents relief that Tesla has neither completely abandoned selling cheaper consumer models nor put the entire future of the company in Robotaxi.” UBS reiterates purchase of Coca-Cola UBS said it is aiming for earnings growth next week. “While investors have cited many reasons for the underperformance, we view many of these concerns as largely overblown and view the risk/return for KO as attractive.”