During the holiday season on Wall Street, it's not uncommon for analysts to be on the move, making crucial calls as we approach the year-end. Here are some notable notes that grabbed my attention early in the morning.

Uncover the Insights of Wall Street Analysts During the Holidays

JPMorgan's Upgrade on Gap (GAP)

After a recent management meeting, JPMorgan's long-time retail analyst Matt Boss has taken a significant step by upgrading his rating on Gap (GAP) to Overweight (Buy equivalent). His price target has seen an increase from $28 to $30. This move indicates a positive outlook for the company. As Boss stated, "With the foundation set under CEO Richard Dickson to support a consistent playbook of improved merchandising & marketing across all four brands, we see Gap at an inflection point to support low-to-mid-single-digit sales growth, annual operating margin expansion targeting historical levels of profitability." This shows that there is a clear strategy in place and the potential for growth.There is more to this than just personal shopping habits. A recent chat with Dickson provides additional insights. The Yahoo Finance's analyst recommendation tool also offers more on the analyst vibe on Gap.

Citi's Neutral Rating on Lululemon (LULU)

Ahead of Lululemon's (LULU) earnings on Dec. 5, Citi analyst Paul Lejuez is maintaining a Neutral rating (Hold equivalent) on the stock. However, it's his specific call that caught my attention. "Short interest currently sits at 6% of the float, above the 4% level three months ago and the highest short interest level in two years. Based on our conversations with investors, sentiment on Lulemon remains negative on the trajectory of Lululemon's US business, although most expect a sales/EPS beat in 3Q (driven by stronger international sales) and do not see another 2024 EPS guide down this quarter. Most bearish investors believe it will be difficult for Lululemon to grow EPS in 2025." This provides a detailed look at the current market sentiment and expectations for the company.More information on Lululemon's short interest and other stats can be found on the Yahoo Finance platform.

Evercore ISI's Hike on Netflix (NFLX)

Veteran tech analyst Mark Mahaney at Evercore ISI is raising his price target on Netflix (NFLX) from $775 per share to $950. Netflix stock currently trades at $886. Mahaney labeled Netflix shares a "small buy" and reiterated an Outperform rating. He wrote, "At a high level, what our survey results and recent events (e.g., Q3 EPS and the massive success of the Tyson-Paul fight) suggest is that Netflix is in the strongest position financially, fundamentally and competitively that we have ever seen. Its overall streaming leadership — in terms of both market share and content quality — is commanding. And the clearly positive churn intent and price sensitivity results across all three of this quarter's surveys are material positives for a subscription business. We also see four notable near-term catalysts — Christmas Day NFL games, the 12/26 release of Squid Games II, WWE Raw in January, and pending price increases." This showcases the positive factors influencing Netflix's current position.