Here Are Friday’s Top Wall Street Analyst Research Calls: Airbnb, Broadcom, Chipotle Mexican Grill, CrowdStrike, Fiserv, Lululemon Athletica, NVIDIA, Tesla, Walmart, and More
- by 247wallst
- Jun 05, 2026
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The Dow Jones surged 1.73% to a record 51,561 as investors rotated out of chip stocks into healthcare and industrials after Broadcom disappointed.
JPMorgan tripled Tesla's (TSLA) price target to $475 while Berenberg downgraded CrowdStrike (CRWD) to Hold despite raising its target to $720.
Bitcoin tumbled to a four-month low near $61,300, triggering over $1 billion in crypto liquidations before partially recovering.
Pre-Market Stock Futures:
Futures are trading mixed on Friday as we prepare to close out one of the craziest weeks on Wall Street this year. On a day when we saw yet another all-time high, investors rotated out of chip stocks and into healthcare and industrials after Broadcom (NASDAQ: AVGO | AVGO Price Prediction) posted disappointing results. When the dust settled, the venerable Dow Jones Industrial Average was the big winner, trading up a stunning 1.73% to close at a new record high of 51,561, while the S&P 500, which rallied to finish the day positive, was last seen at 7,584, up 0.41%. The Russell 2000 also had a stellar day, closing the session up 1.48% at 2,936. The only index to finish the day barely lower was the tech-heavy Nasdaq, which saw some rotational selling after a tremendous run, and closed at 26,830, down 0.09%.
Treasury Bonds:
Yields were down across the entire Treasury curve as buyers returned after yields rose earlier this week. Analysts and traders cited growing optimism surrounding a potential Israel-Lebanon ceasefire as materially reducing geopolitical risk. The resulting decline in oil prices alleviated some of the mounting global inflation concerns, which in turn put downward pressure on Treasury yields and supported higher bond prices. When the final bell rang, the 30-year-long bond closed the session at 4.98%, while the benchmark 10-year note was last seen at 4.48%.
Oil and Gas:
Oil prices plunged on Thursday as hopes for an Iran deal continued to drive the energy complex. This comes despite reports that Iran’s oil exports are collapsing to a six-year low. When trading ended, Brent Crude closed at $95.18, down 2.69%, while West Texas Intermediate closed at $93.01, down 3.31%. Natural gas continued its march higher, closing up 4.14% at $3.35.
Gold:
The precious metals had a solid day, despite published reports suggesting that China’s massive appetite for the commodity may be cooling after years of heavy accumulation. Commerzbank remains very positive, with year-end price targets of $4,800 for gold and $80 for silver. The actual closing prices for the two were $4,475, up 0.93%, and $74.05, up 1.62%, respectively.
Crypto:
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