Here are Friday's biggest analyst calls of the day: Twitter, Wendy's, Carvana, Best Buy & more

Published Fri, Feb 26 20218:03 AM ESTUpdated Fri, Feb 26 20218:25 AM EST

Key Points

Goldman Sachs raised its price target on Twitter to $112 from $78.
Raymond James downgraded Best Buy to outperform from strong buy.
Morgan Stanley upgraded L Brands to overweight from equal weight.
Deutsche Bank added a catalyst call buy idea on Urban Outfitters.
RBC resumed coverage of Dell as outperform.
Susquehanna named Airbnb a top recovery pick.
Morgan Stanley upgraded Carvana to overweight from equal weight.
Stephens named Wendy's as a best idea.
JPMorgan upgraded Hewlett Packard to overweight from equal weight.
Evercore ISI upgraded Monster Beverage to outperform from in line.

Here are the biggest calls on Wall Street on Friday: Goldman Sachs raised its price target on Twitter to $112 from $78 Goldman raised its price target on the stock to a Street high after the company's analyst day and said it saw "accelerating innovation" among other things. "We continue to believe that the acceleration in growth at Twitter driven by product innovation and ad tech investments will continue, as users and advertisers increasingly ﬁnd utility in the platform, new features and services are introduced, and live events return." Raymond James downgraded Best Buy to outperform from strong buy Raymond James downgraded the stock after its earnings report on Thursday and said it saw "challenging" comps among other things. "Our downgrade reflects 1) current valuation that does not offer sizable multiple re-rating potential in the coming months, and 2) challenging comp sales comparisons. In turn, we believe BBY is increasingly becoming a FY23 story as productivity gains from store closures and fulfillment efficiencies along with greater revenue potential in the higher-margin service business start to take center stage." Morgan Stanley upgraded L Brands to overweight from equal weight Morgan Stanley upgraded the fashion retailer and said it sees "higher" post coronavirus profitability. "We upgrade LB to Overweight with a $65 price target, which represents +23% upside. Sequential profitability improvement at VS, continued topline and profitability strength at BBW, and above-expectations 1Q21 guidance confirm LB will be more profitable in 2021e than it was for the last 5 years." Deutsche Bank added a catalyst call buy idea on Urban Outfitters Deutsche Bank added a short-term buy idea on shares of the lifestyle retail company ahead of its earnings report next week and said that trends "remain solid." The firm kept its long-term hold rating on the stock. "With 4Q sales already reported (down 7% including a 7% comp decline), the focus on the upcoming earnings call (3/2) will likely be on go forward trends. URBN has already highlighted an improvement in February with comps positive at each brand through the first week of the month, and we anticipate that trends QTD remain solid given positive commentary from LB." RBC resumed coverage of Dell as outperform RBC resumed coverage of the stock and said it sees "higher than expected" near-term results going forward. " Dell posted results that were ahead of expectations due to continued work from home demand. ... .In our view, Q1 guidance is conservative given that demand is likely outstripping supply due to WFH trends and limited chip supply." Susquehanna named Airbnb a top recovery pick Susquehanna named Airbnb as a "must own" recovery stock after the company's "solid" earnings report on Thursday. " ABNB generally reported a solid quarter out of the gate and remains bullish on the long-term opportunity. We continue to see the travel recovery as bumpy and slow, but believe ABNB is a must-own name for the recovery, which should likely start to play out this year." Morgan Stanley upgraded Carvana to overweight from equal weight Morgan Stanley upgraded the online auto sales company after its earnings report on Thursday and said it the company was well-positioned and that it saw "higher growth" going forward. "We believe Carvana is uniquely positioned to serve an automotive and transportation total addressable market that goes far beyond the used car market, driving potentially far higher growth that is not reflected in today's share price." Stephens named Wendy's as a best idea Stephens named the fast food chain as a best idea and said it saw "strong acceleration" and that the stock was "overlooked." "There is likely still meat on the bone for casual plays, but WEN has been overlooked by investors for 6+ months, and we believe the stock is at an inflection point. First, we expect an in-line type F4Q, but we have detected very strong acceleration in Jan, and after bad weather in mid Feb, comps have come back sharply again." JPMorgan upgraded Hewlett Packard to overweight from equal weight JPMorgan upgraded the stock after its earnings report on Thursday and said it had an "appealing, acquistion, buybacks and dividend." " HPQ posted F1Q21 results well above expectations on WFH and remote learning demand across both PCs and consumer printers. ... .F2Q guidance points to good momentum across top-line and margins, and though we hit tougher comps in the 2HFY21, and component shortages are a challenge, reopening activity should drive demand for commercial product and introduce upside versus FY21 guidance." Evercore ISI upgraded Monster Beverage to outperform from in line Evercore upgraded the beverage company and said it saw "stronger than expected top line momentum." " MNST entered 2021 with strong and improving top line trends, with organic net sales +20% in 4Q and +17% in January, despite 2 fewer selling days. We expect growth to benefit this year from broad-based consumer recovery, as well as continued strength in residential construction and potential infrastructure spending, as energy drinks, and the Monster brand in particular, over-index to construction workers."

A Twitter logo is seen on a computer screen in this photo illustration on October 30, 2017.

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Here are the biggest calls on Wall Street on Friday: