Analyst calls: All the market-moving Wall Street chatter from Monday

Morgan Stanley upgraded U.S. Steel to overweight, highlighting a significant growth potential, while Baird upgraded Micron Technology, pointing to a favorable buying opportunity after a recent stock pullback. Analysts also provided positive insights on Santander Brasil and Melco Resorts, expecting strong earnings growth and increased market share, respectively.

Bank of America upgraded Santander Brasil based on strong earnings momentum, and Morgan Stanley raised its outlook on Melco Resorts, citing advantages in the Macao tourism recovery. On the downside, Citi downgraded Peloton due to uncertainties following management changes, and UBS downgraded Johnson Controls over concerns about meeting its annual guidance.