Cantor Fitzgerald has reiterated its overweight rating on SpaceX ahead of its earnings report, citing potential upside to 2027 expectations and rapid advancements in handset ambitions. Morgan Stanley has named Seagate a top pick, raising its price target to $1,200 per share, reflecting confidence in the company's performance.
Mizuho initiated coverage of Restaurant Brands International with an outperform rating, predicting long-term growth driven by a revitalized Burger King and strong international performance. Stephens initiated coverage of Concentra with an overweight rating, highlighting its unique healthcare model.
Rosenblatt initiated coverage of SiTime with a buy rating, anticipating structural growth for the semiconductor firm. Raymond James initiated coverage of News Corp with an outperform rating, noting the stock's current discount. Stifel upgraded Trex to buy, increasing its target price to $55, while Loop downgraded Apple to hold, citing a need for a fundamental catalyst reset.
Piper Sandler upgraded Arhaus to overweight, seeing potential for margin recovery. JPMorgan initiated nVent Electric as overweight, identifying it as a beneficiary in the data center space. Morgan Stanley also initiated AdarX as overweight, emphasizing its strong clinical pipeline. TD Cowen upgraded BlackRock to buy, predicting significant earnings growth.
BMO reiterated its buy rating on Alphabet, raising its price target to $480, while Wells Fargo upgraded Venture Global, citing positive catalysts. Raymond James upgraded Akamai to strong buy, encouraging investors to buy the dip. BTIG upgraded American Electric to buy, noting its growth potential. Jefferies initiated Artivion as buy, expecting sales growth and margin expansion.
New Street upgraded Liberty Global to buy, suggesting the market is overly pessimistic. Deutsche Bank upgraded Healthcare Realty Trust to buy, advising to buy the dip. Piper Sandler reiterated Nvidia as overweight, despite mixed investor sentiment. Cantor Fitzgerald initiated Modine Manufacturing as overweight, projecting further growth.
Jefferies initiated Thomson Reuters as buy, citing AI-driven growth potential. Conversely, HSBC reiterated a reduce rating on CoreWeave, highlighting concerns over debt and revenue declines