Here are Wednesday's biggest calls on Wall Street: Oppenheimer reiterates Netflix as outperform Oppenheimer said investors should buy the dip in Netflix shares. "With shares down 22% from post-4Q highs vs.
on fears around higher churn from enforcing password sharing and slower ad launch, we think the stock is attractive at current levels." Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it's bullish on the possibility that Tesla may enter the heat pump market. " Tesla did not present any definite plans for a Tesla Heat Pump and we are of the view that a HP would be more of a medium- to long-term endeavor for the company.
stands out on our coverage list as a name where we are above consensus on 2024E EPS, with our $1.25 2024E EPS 2.3% above consensus." JPMorgan upgrades Baker Hughes to overweight from neutral JPMorgan said it sees "currency tailwinds" for the oilfield services company. "We upgrade Baker Hughes to OW from N as we see upside risks to the company's 2023 EBITDA guide of $3.7 billion given order strength, currency tailwinds, self-help, and improving macro conditions.