StoneX starts Buy ratings on Coherent and Lumentum, highlighting six-inch InP expansion and AI-related optoelectronic capacity committed into 2029.
Mizuho keeps Underperform on Circle, citing AI personal assistants as a threat to USDC growth and reserve income.
Barclays cites SpaceX merger potential, auto recovery, and accelerating Robotaxi miles.
Analysts upgrade AST SpaceMobile to Outperform after a sharp drop. Scotiabank cites SpaceX competition but sees value in AST’s wholesale 5G model.
Oppenheimer starts coverage of AEVEX with an Outperform rating and $21 price target. The company also reaffirmed its Navy GARC program, confirming no orders were halted.
Chipotle faces a tougher path after TD Cowen’s downgrade to Hold and target cut to $32 on weak early Q4 sales trends.
