Here are Wednesday's biggest calls on Wall Street: Atlantic Equities reiterates Coca-Cola as overweight Atlantic Equities said the beverage giant seems immune to spiraling cost pressures. "These tail winds combined with the global beverage category's attractive dynamics and a more asset-light, less capital-intense KO , as bottler divestments continue, underscore the long-term attractiveness of KO as an investment." Citi downgrades Snap to neutral from buy Citi downgraded the stock due to leadership and monetization challenges. "That said, we were surprised to see Snap' s Chief Business Officer, Jeremi Gorman, and its head of N.A. ad sales, Peter Naylor, leave to join Netflix which we believe could prolong Snap's ad growth challenges and increase execution risk as Snap builds improved measurement tools." Read more about this call here. Barclays downgrades Robinhood to underweight from equal weight Barclays said in its downgrade of Robinhood that the stock's valuation is too challenging. "Believe customer base likely to feel greatest negative impact from macro vs. competitors. Recent layoffs cause us some concern on future hiring, product rollout." Read more about this call here . Mizuho reiterates Coinbase as neutral Mizuho said the crypto company's market share continues to dwindle. "With two of three months in 3Q behind us, COIN 's share amongst the 30 largest exchanges further declined to ~3% vs. ~4% in 2Q ... and 7-8% last November." Bernstein reiterates Uber as outperform Bernstein said in a note that during tough macro times, investors should stick with market leaders such as Uber. "Our preferred playbook is to stick with market leaders in fast-growing categories, and companies that we think can emerge from this period as better businesses — namely, Uber, DoorDash, and Etsy." Bank of America upgrades PayPal to buy from neutral Bank of America said it sees upside potential for shares of PayPal for the first time in a long time. "For the first time in about a year, we see upside potential to out year consensus EPS estimates for PYPL, which we expect will be driven primarily by additional cost efficiencies, and to some degree by share buybacks." Read more about this call here. Bank of America reiterates Apple as buy Bank of America said investors will be watching iPhone pricing at Apple' s product announcement on Sept. 7. "In our opinion, iPhone pricing is the main focus item for investors followed by timing and cadence of the launch and any news on pricing/bundling." Morgan Stanley resumes Welltower as overweight Morgan Stanley resumed coverage of the real estate investment trust and said it likes the company's exposure to senior living. "Resume WELL at OW given highest senior housing exposure, peer-leading growth." Morgan Stanley names T-Mobile a tactical idea Morgan Stanley said it sees a share buyback program announcement later this year. "We expect T-Mobile to announce Board approval and commencement of a share buyback program with 3Q22 earnings in late October/early November (3Q earnings were released on Nov. 2 last year)." Stephens reiterates CrowdStrike as a best idea Stephens said the cybersecurity company was still a best idea after its strong earnings report on Tuesday. "We reiterate CRWD as our 2022 Best Idea following strong 2Q results that were highlighted by accelerating net new ARR growth of 45% to $218M (18% above consensus), record new logo adds, and strong operating leverage. Cowen upgrades Rocket Lab to outperform from market perform Cowen said in its upgrade of the space satellite company that it sees improved execution. "We're upgrading RKLB to Outperform for key execution milestones, an improved competitive position, and benefits from Russian sanctions." HSBC reiterates Nike as hold HSBC said in a note that it was keeping its hold rating on the athletic giant citing a "slowdown in consumption." "With a sporting goods sector bound to be more impacted by a slowdown in consumption and unfavorable USD strength vs. EUR, we maintain our Hold rating on both Nike and Adidas."