Check out today's top analyst calls from around Wall Street, compiled by The Fly. BARCLAYS BOOSTS GE TO OVERWEIGHT: Barclays analyst Julian Mitchell upgraded General Electric (GE) to Overweight from Equal Weight with an unchanged price target of $16. The analyst said that while he does not yet know the magnitude of the 2018 guidance cuts, his talks with investors suggest they are braced for earnings per share of 75c for 2018, free cash flow of 50c, and a dividend cut of 75%-plus. PIPER JAFFRAY CUTS IROBOT TO NEUTRAL: Piper Jaffray analyst Troy Jensen downgraded iRobot (IRBT) to Neutral with an unchanged price target of $90. The analyst continues to believe the robotic vacuum market is in a secular uptrend and that iRobot will "maintain its dominant position in the market." However, Jensen has become "incrementally more concerned" with the stock's valuation following the year-to-date outperformance. NIO INITIATED BY MULTIPLE FIRMS: Deutsche Bank analyst Vincent Ha started NIO Inc. (NIO) with a Buy rating and $9.50 price target. The company's electric vehicles in China are "prepared to challenge the status quo," Ha said. Additionally, Wolfe Research initiated NIO with an Outperform and $8 price target, and Goldman Sachs started NIO Inc. with a Neutral rating and $6.56 price target. GOLDMAN BOOSTS SQUARE PRICE TARGET: Goldman Sachs analyst James Schneider increased his price target on Square (SQ) to $108 from $77 after raising his 2018-20 revenue estimates given he now sees more upside than in his prior estimates across a range of Square's business lines. He also raised his multiple on the stock, saying that Square is one of the only companies sustaining over 50% revenue growth while simultaneously delivering substantial margin expansion. Schneider, who model about 2.5X faster growth than PayPal (PYPL) and about 5X faster growth than merchant acquirers for Square through 2020, reiterated Buy rating on Square shares. CITI BOOSTS APPLE PRICE TARGET: Citi analyst Jim Suva raised his price target for Apple (AAPL) to $265 and reiterated a Buy rating on the shares. Suva increased his financial model for Apple to reflect higher average selling prices and stronger gross margins given the consumer preference for higher memory configurations of iPhones coupled with falling memory prices.

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here

As bitcoin, ethereum and other cryptocurrencies get increasing attention from investors, Wall Street and its traditional banks continue to adjust to the shift. Catch up on... To see the rest of the story go to thefly.com. See Story Here

Erste Group downgraded Apple to Hold from Buy.

Apple (AAPL) supplier TSMC (TSM) has unveiled its A16 chip manufacturing technology featuring nanosheet transistors with "backside power rails" meant for producing its ultra-advanced 1.6nm chips by 2026, Nikkei Asia's Cheng Ting-Fang reports. TSMC says the introduction of the technology can "greatly improve logic density and performance." Reference Link

Alphabet (GOOGL), the parent company of Google, is scheduled to report first quarter 2024 results after the market close on Thursday, April 25, with a conference call scheduled for 4:30 pm Eastern Time. What to watch... To see the rest of the story go to thefly.com. See Story Here

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here

Citi raised the firm's price target on GE Aerospace to $186 from $120.43 and keeps a Buy rating on the shares. The company's' Q1 was better than expected and it modestly increased its full-year EBIT outlook, the analyst tells investors in a research note. The firm says commercial aftermarket demand remains robust.

DMG Blockchain Solutions (DMGGF) announced a strategic collaboration with PayPal (PYPL) and Energy Web to explore ways to decarbonize the Bitcoin blockchain. The companies are working together on developing methods for transacting on the Bitcoin network which would expand its use as a carbon neutral payment rail, thus advancing its application. DMG, Energy Web, and PayPal are working together to publish a research paper, which we collectively believe will benefit users of the Bitcoin network who would like to take advantage of carbon neutral options in their transactions. PayPal, with its focus on developing its bitcoin payment rail, has been a leader in new payment technologies with the introduction of its enhanced services by integrating blockchain technology, launching the PayPal USD stablecoin with Paxos Trust Company in August 2023 for efficient transactions.

BofA analyst Ronald Epstein raised the firm's price target on GE Aerospace to $180 from $165 and keeps a Buy rating on the shares. GE boasts a unique portfolio with exposure across aircraft manufacturers, aircraft classes, legacy/new/nextgen platforms, and aftermarket/OE customers, says the firm, which believes GE is "strongly positioned to benefit from secular commercial aero growth."

Apple saw sales of its iPhones fall 19.1% in the first three months of the year, CNBC's Ryan Browne reports, citing data from Counterpoint Research. Meanwhile, Huawei saw a 69.7% surge in smartphone sales in the country during the same period, Counterpoint said. Reference Link