Wall Street Calls: Morgan Stanley Reiterates Microsoft as Overweight, UBS Upgrades Union Pacific to Buy

According to CNBC, Morgan Stanley reiterated Microsoft as overweight and said the stock offers a compelling risk-reward profile after the company raised its quarterly dividend by 7 cents, or 8%, to $0.98 per share. The firm said the $3.92 annualized dividend implies a 0.78% yield, up from 0.7% previously, and said high-teens EPS growth supports a durable high-teens total return profile. UBS upgraded Union Pacific to buy from neutral, saying its analysis points to a second year of strong volume growth in 2027 and a stronger pricing tailwind versus truckload. Other calls included Seaport initiating Cava as buy with a $58 target, BTIG initiating American Bitcoin as buy, Wells Fargo initiating Sylvamo as overweight, Goldman Sachs reiterating Tesla as neutral and cutting its forecast to 435,000 vehicle deliveries from 490,000, and Citi reiterating Meta as buy ahead of Meta Connect on 9/23-24.