Here are the biggest analyst calls of the day: Virgin Galactic, DuPont, AMD, Nintendo & more

Key Points
  • Credit Suisse initiated Virgin Galactic as outperform.
  • Deutsche Bank added a catalyst call buy idea on DuPont.
  • Loop Capital downgraded RH to hold from buy.
  • Goldman Sachs added Lowe's to the conviction buy list
  • UBS downgraded KLA to sell from buy.
  • Northland Capital Markets downgraded Advanced Micro Devices to market perform from outperform.
  • Morgan Stanley downgraded Nintendo to equal weight from overweight.
  • SunTrust downgraded Carnival to hold from buy.
Sir Richard Branson poses outside the New York Stock Exchange (NYSE) ahead of Virgin Galactic (SPCE) trading in New York, U.S., October 28, 2019.
Brendan McDermid | Reuters

Here are the biggest calls on Wall Street on Thursday:

Credit Suisse initiated Virgin Galactic as 'outperform'

Credit Suisse initiated coverage of the space flight company and said it had an "attractive" business model.

"Our bullish view reflects the near-term monopoly SPCE offers in an industry (commercial space tourism) where public investment opportunities are scarce. We view this as a classic tech-driven high demand, low supply story with high barriers to entry."

Read more about this call here.

Deutsche Bank added a 'catalyst call buy' idea on DuPont

Deutsche Bank put a catalyst call buy idea on DuPont in advance of the release of the movie, "Dark Waters," which is about an attorney's battle against the chemical giant for releasing a potentially toxic chemical. The firm says the movie may add clarity and remove an "overhang" from the stock.

"We believe the release of the movie "Dark Waters" on Friday will remove an over-hang on DuPont shares as i) there will be no more unknowns about what the movie says / claims, ii) DuPont will be able to point out factual errors and misrepresentation in the movie, iii) any potential negative share price reaction to the movie will likely be fully reflected by early next week and iv) investors will be able to focus, once again, on the fact that legacy DuPont's PFOA liability is with Chemours following the separation of Chemours from DuPont in 2015."

More In Pro News and Analysis

CNBC ProMizuho hikes Tesla price target to $820, sees better-than-expected deliveries this year
CNBC ProCiti downgrades Nike, says China backlash could hurt stock in near term
CNBC ProPiper upgrades Coupa Software after sell-off, says enterprise tech stock is set to rebound