This Morning, Wall Street is Bullish on AMAT, NVDA and AAPL

Group 1: Applied Materials (AMAT) - UBS upgraded AMAT to a buy rating with a price target of $285, citing a bullish outlook for wafer fab equipment over the next two years [3][10] - Analyst Timothy Arcuri expects wafer fab equipment demand to increase more than 20% year-over-year to $136.5 billion in 2026, potentially reaching $145 billion in 2027, exceeding current market expectations [3][10] Group 2: Nvidia (NVDA) - TD Cowen expressed increased confidence in Nvidia's growth prospects after meeting with the company's management team, indicating a positive outlook for C2026 and beyond [4][10] - Bernstein reiterated an "outperform" rating on NVDA, highlighting significant and early data center opportunities with further upside likely [5] - Bank of America maintained its buy rating on NVDA, identifying it as a top sector pick amid growing AI demand [6] Group 3: Apple (AAPL) - Analysts at JPMorgan noted that Apple is well-positioned following reports about its CEO succession plans, suggesting that the elevation of a product-focused executive may enhance innovation and new product launches [7][10]