Wall Street Analysts Flag Nvidia, Walmart, Semtech Among Six Stocks With Upside Targets

Wall Street research firms issued bullish calls on May 31, 2026, flagging Nvidia (NVDA), Walmart (WMT), Semtech (SMTC), Scorpio Tankers (STNG), DraftKings (DKNG), and BILL Holdings (BILL) with price targets implying significant upside. Tigress Research initiated Nvidia with a Strong Buy and a $425 target, nearly double its $214.86 close, citing its AI infrastructure dominance and robust free cash flow. Needham gave Semtech a Buy rating with a $200 target after the chipmaker’s fiscal first-quarter results beat estimates and guided higher, driven by accelerating data center demand for 800G and 1.6T optical products. TD Cowen rated Walmart Buy with a $150 target, highlighting its e-commerce growth and defensive positioning. Evercore ISI assigned Scorpio Tankers an Outperform rating and $98 target, noting the company’s fleet renewal and debt reduction that could push cash to over $2 billion. Benchmark maintained a Buy on DraftKings and a $29 target, citing resilient monetization despite softer betting volumes. Oppenheimer rated BILL Holdings Outperform following a management overhaul and pivot to an AI-native structure, though analysts cautioned near-term execution risks.