According to CNBC, Piper Sandler initiated Kodiak Gas Services at overweight with a $78 price target, saying the natural gas company is building a platform to expand into behind-the-meter power generation for AI data centers after its early February acquisition of Distributed Power Solutions. Bank of America downgraded Exxon Mobil to neutral from buy, saying it sees limited upside despite raising its price objective to $158 a share and citing downside risk if a ceasefire is reached. The bank also pointed to the 20% of currently shut-in volume in the Middle East and an unclear forward path in Qatar.
Other calls included Citigroup reiterating Advanced Micro Devices as a buy ahead of earnings on August 4, Loop initiating CrowdStrike at buy with a $230 price target, and Bank of America upgrading Honeywell to neutral from underperform after the company posted a broad-based second-quarter beat and raised 2026 guidance. JPMorgan upgraded JBS to overweight from neutral, while Truist raised Magnolia Oil & Gas to buy from hold after its WildFire acquisition. UBS reiterated Amazon as buy but cut its price target to $305 from $333, and KeyBanc kept Apple at underweight, citing concerns that higher iPhone pricing could slow unit demand and services growth.
Wall Street Calls: Piper Sandler Starts Kodiak Gas at Buy, Bank of America Cuts Exxon to Neutral
2026-07-28 12:37:46
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
