Here are Thursday's biggest analyst calls on Wall Street: Cowen downgrades Kohl's to market perform from outperform Cowen said the middle-income consumer is under pressure. "We downgrade the shares as a weakening and inflationary consumer backdrop could drive EPS downside and cloud long-term visibility to EBIT expansion." Read more about this call here. BTIG initiates Silvergate as buy BTIG said the crypto bank has solid optionality and growth prospects. "Initiating at Buy with $135 PT; With SI' s Resilience Amidst Crypto Rout Demonstrated by Better-Than-Expected 2Q22 Print, SEN's (Silvergate Exchange Network) Growth Prospects and Optionality from Stablecoin Initiative Are Back in Focus Read more about this call here . Morgan Stanley downgrades Levi Strauss to equal weight from overweight Morgan Stanley said the risk/reward outlook is more balanced for Levi Strauss now. "Stock gains imply the mkt more fully appreciates the oppty we've recognized since IPO. But it also makes for a more balanced risk reward skew. Macro uncertainty + elevated apparel inventory could limit positive EPS revisions. So while our constructive thesis & estimates are unchanged, we downgrade to EW." Read more about this call here. Cowen reiterates Coinbase as outperform Cowen said it sees a "challenging backdrop" when the company reports earnings next week. " COIN will report Q2:22 results on 8/9, after market close. Based on tracking through July, we are lowering our 2022 revenue/adj. EBITDA estimates on downward revisions to Q2-Q4:22 trading volumes." Stephens names CrowdStrike a best idea Stephens said the company is one of the best-positioned cyber vendors. "As we outlined in our recent earnings preview, we believe CRWD is one of the most well-positioned security vendors in a recessionary environment given its comprehensive platform and strong competitive positioning within some of the highest-priority and fastest-growing areas of security." Read more about this call here. Citi adds a positive catalyst watch on Altice USA Citi said shares could rise after reports that Altice is shopping its telecom subsidiary Suddenlink. " Altice reported 2Q financials that were generally in line on softer volumes including wider residential broadband net losses of (40k) vs. our estimate and consensus." Baird downgrades Under Armour to neutral from outperform Baird downgraded Under Armou r after its earnings report and said there are too many "pockets of weakness." "Downgrading to Neutral with new $10 price target. FQ1 results were relatively in line; however, selected pockets of weakness and a much lower F2023E margin outlook are materially weighing on current earnings visibility." Read more about this call here. Bank of America initiates Endeavor Group as buy Bank of America said the entertainment and media giant is a "counter puncher in a challenging environment." "The media landscape is rapidly evolving and EDR's collection of assets are well positioned to capitalize on several secular tail winds, including: 1) increasing value of premium sports rights globally, 2) sustained content spend as studios and FAANG build out their respective streaming platforms." Citi adds Dick's to the focus list Citi said the stock trades at a fraction of its valuation. " DKS has seen an expansion in margins and return metrics from pre-Covid levels. Still, it trades at a fraction of the valuation.' Needham reiterates Apple as buy Needham sees advertising as the next big revenue stream for Apple. "We believe AAPL is in the early stages of building a new mobile advtg platform. We believe ad revenue could be a material upside value driver for AAPL." Read more about this call here . Bank of America reiterates Robinhood as underperform Bank of America said trading losses are driving "investor disengagement." "We reiterate our Underperform rating on HOOD as we believe the Covid-related tail wind reversal (choppy stock market, back to work, stimulus reduction…) will continue to impact HOOD's growth/retail engagement which is compounded by its high market share already achieved in the U.S. market." MKM initiates Zoom as buy MKM said it sees an attractive entry point for the teleconferencing company. " Zoom stock is down 30% YTD (vs. Nasdaq -22%), which we attribute to multiple compression across the software market and management guiding to slower Y/Y growth post pandemic. In our view, this has created more attractive entry points for investors."