JPMorgan reiterated its overweight rating on Apple, finding that iPhone Duo delivery times had not changed materially. The bank also upgraded SAP, added Meta to its focus list, and initiated coverage of biotech companies Iambic and Unum with overweight ratings, while Oppenheimer upgraded AMD following a bullish meeting with management. StoneX initiated Bullish with a buy rating and a $42 price target, Bank of America initiated Supernus with a $47 target, and Baird initiated Amaero with an outperform rating. Mizuho reiterated Oracle at outperform, Deutsche Bank rated SpaceX a buy, and Citi upgraded Rollins to buy, while JPMorgan downgraded Molson Coors to underweight after its quarterly results.
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