Loop upgraded Autodesk to Buy with a $310 price target, while KeyBanc rated Palo Alto Networks Overweight and Baird upgraded Domino’s Pizza to Outperform, citing better same-store-sales performance and franchisee profitability. StoneX initiated Buy ratings on Deckers, Birkenstock, and Allegro MicroSystems, while Roth initiated Analog Devices at Buy with a $505 target and TD Cowen initiated Velaris at Buy. Goldman Sachs reiterated Buy on CoreWeave, seeing potential for gross margins to run 10 to 20 percentage points higher as the company expands into managed inference, but Redburn downgraded Broadcom to Neutral over limited near-term upside. Morgan Stanley kept Nvidia at Overweight despite cutting its target to $267 following the CEO’s resignation, whereas Truist downgraded the chipmaker to Hold over cultural and China-related regulatory concerns; KeyBanc reiterated SpaceX at Sector Weight ahead of its fifteenth Starship flight test.
Source: Read the original article
