Buy/Sell: Wall Street’s top 10 stock calls this week

What has Wall Street been buzzing about this week? Here are the top 5 Buy calls and the top 5 Sell calls made by Wall Street’s best analysts during the week of December 1-5. 

Find all top-rated stocks by the best-rated analysts on TipRanks.

Top 5 Buy Calls:

1. Arete upgrades Uber with autonomous vehicles risk seen as overdone

Arete upgraded Uber (UBER) to Buy from Neutral with a price target of $125, up from $82. The firm believes investor concerns over competition from autonomous vehicles are overdone. The autonomous vehicle providers outside of Tesla (TSLA) lack the ability to manufacture an affordable vehicle at scale, Arete tells investors in a research note. The firm adds that with the majority of Uber’s gross bookings coming from consumers with over $100,000 in annual income, the company has less consumer spending risk compared to peers.

2. Oracle initiated with an Overweight at Wells Fargo

Wells Fargo initiated coverage of Oracle (ORCL) with an Overweight rating and $280 price target. The firm believes Oracle will emerge as the leader in the artificial intelligence “super-cycle.” The company has booked nearly half a trillion dollars of AI deals and is in the “pole position” with key accounts like OpenAI, xAI, Meta (META) and TikTok, Wells tells investors in a research note. The firm points out the stock is down 42% from its highs.

3. Carvana initiated with a Buy at UBS

UBS initiated coverage of Carvana (CVNA) with a Buy rating and $450 price target. The firm says the company has a “differentiated, best-in-class” online platform and customer experience that positions it to gain share in the large used vehicle market. Carvana’s EBITDA can continue to grow at 25% annually through the remainder of this decade, supporting a premium valuation, UBS tells investors in a research note.

4. Gordon Haskett upgrades Dollar General to Buy on standout traffic

Gordon Haskett upgraded Dollar General (DG) to Buy from Accumulate with a $140 price target. The company’s traffic growth “stands out” when compared to Dollar Tree’s (DLTR), the firm tells investors in a research note. Gordon upped its fiscal 2026 earnings per share estimate for Dollar General to $7.15 and sees potential for upside. It upgraded the shares and recommended a pair trade against Dollar Tree. Dollar General is seeing strong results despite the macroeconomic pressure, contends Gordon Haskett.

5. CoreWeave initiated with a Buy at Roth Capital

Roth Capital initiated coverage of CoreWeave (CRWV) with a Buy rating and $110 price target. CoreWeave is positioned to be “a top four market share winner” in an AI Cloud market that will likely exceed the size of the traditional Internet Cloud, says the firm, citing the company’s “proven scale,” speed to market, and superior product-price performance versus AI Cloud peers and hyperscalers. With shares down about 40% since early October, the firm sees a “highly asymmetric risk/reward,” Roth tells investors.

CoreWeave initiated with a Buy at Freedom Capital

Freedom Capital initiated coverage of CoreWeave with a Buy rating and $100 price target. The firm says the stock’s recent selloff “significantly overstates” the risk that CoreWeave will not deliver its $56B multi-year revenue backlog. The company’s payments from hyperscalers which are supporting its capital expenditures “are secure for several years,” the analyst tells investors in a research note.

Top 5 Sell Calls:

1. Circle Internet initiated with an Underperform at Wolfe Research

Wolfe Research initiated coverage of Circle Internet (CRCL) with an Underperform rating and $60 price target. Circle is the “undisputed leader” in globally regulated stablecoin, but the company now faces interest rate and competition headwinds, the firm tells investors in a research note. Meanwhile, the shares are still trading at a premium valuation, contends Wolfe.

2. PagerDuty moved to Underperform from No Rating at BofA

BofA is moving to Underperform PagerDuty (PD) from No Rating with a $12 price target. With PagerDuty seen facing demand headwinds, a pricing model change and an upcoming CFO transition, the firm thinks it could take multiple quarters to see stabilization in growth metrics.

3. Symbotic downgraded to Sell at Goldman Sachs

Goldman Sachs downgraded Symbotic (SYM) to Sell from Neutral with an unchanged $47 price target. The stock has risen 260% year-to-date, with the outperformance attributed to market interest in automation and robotics related assets in general, but while Symbotic’s warehouse automation technology has been very well-received by Walmart (WMT), bookings from other new independent customers have been limited in recent years, the analyst tells investors in a research note. Goldman adds that the valuation on Symbotic is stretched, with the stock now trading at a 185-times enterprise value to expected forward adjusted EBITDA multiple.

4. Lennar downgraded to Underweight at JPMorgan

JPMorgan downgraded Lennar (LEN) to Underweight from Neutral with a price target of $115, down from $118. The firm maintains a cautious stance on the homebuilders sector for 2026. JPMorgan expects an unfavorable demand/supply backdrop to bring additional pressure and downside risk for builder fundamentals. Builder fundamentals are likely to remain “relatively weak” in 2026, with persisting downside risk to estimates due to a still challenged demand/supply industry backdrop, the firm tells investors in a research note.

5. Halozyme downgraded to Sell at Goldman Sachs

Goldman Sachs downgraded Halozyme (HALO) to Sell from Neutral with a $56 price target. A central debate for Halozyme is the long-term value of its Enhanze royalty model, which faces a substantial post-2030 revenue cliff as roughly 70% of royalties roll off contract between 2030-2035 and appears unlikely to be offset through typical business-development pacing, the firm tells investors in a research note. Current valuation implies a terminal value that assumes roughly $34B in new partner product revenue by 2041, a level that seems achievable only under optimistic scenarios despite the recent Elektrofi acquisition, Goldman says.