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BofA Is Double-Upgrading Solar Stock FTC Despite ‘Ever-Worsening Macro Backdrop’

By Piero Cingari
March 15, 5:59 PM
Despite a tough macroeconomic backdrop, analysts at BofA Securities expect FTC Solar Inc.'s (NASDAQ: FTCI) volumes and margins to rebound in the coming years as industry-wide solar panel supply improves and delayed projects are completed.

FTCI

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Sidoti & Co. Upgrades Universal Electronics to Buy, Announces $16 Price Target

By Benzinga Newsdesk
March 15, 9:39 AM
Sidoti & Co. analyst Gregory Burns upgrades Universal Electronics (NASDAQ:UEIC) from Neutral to Buy and announces $16 price target.

UEIC

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B of A Securities Upgrades Discover Finl to Neutral, Announces $107 Price Target

By Benzinga Newsdesk
March 15, 9:31 AM
B of A Securities analyst Mihir Bhatia upgrades Discover Finl (NYSE:DFS) from Underperform to Neutral and announces $107 price target.

DFS

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B of A Securities Upgrades FTC Solar to Buy, Raises Price Target to $3.5

By Benzinga Newsdesk
March 15, 7:17 AM
B of A Securities analyst Julien Dumoulin-Smith upgrades FTC Solar (NASDAQ:FTCI) from Underperform to Buy and raises the price target from $2 to $3.5.

FTCI

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Morgan Stanley Upgrades Azul to Equal-Weight, Raises Price Target to $8.6

By Benzinga Newsdesk
March 15, 7:13 AM
Morgan Stanley analyst Josh Milberg upgrades Azul (NYSE:AZUL) from Underweight to Equal-Weight and raises the price target from $6 to $8.6.

AZUL

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Citigroup Upgrades ExlService Holdings to Neutral, Announces $160 Price Target

By Benzinga Newsdesk
March 15, 7:09 AM
Citigroup analyst Ashwin Shirvaikar upgrades ExlService Holdings (NASDAQ:EXLS) from Sell to Neutral and announces $160 price target.

EXLS

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Scotiabank Upgrades Canadian Pacific Railway to Sector Outperform, Raises Price Target to C$116

By Benzinga Newsdesk
March 15, 7:07 AM
Scotiabank analyst Konark Gupta upgrades Canadian Pacific Railway (TSX:CP) from Sector Perform to Sector Outperform and raises the price target from C$110 to C$116.

TSX:CP

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Citigroup Upgrades Truist Finl to Buy, Announces $52 Price Target

By Benzinga Newsdesk
March 15, 5:57 AM
Citigroup analyst Keith Horowitz upgrades Truist Finl (NYSE:TFC) from Neutral to Buy and announces $52 price target.

TFC

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BMO Capital Upgrades Apartment Income REIT to Market Perform, Announces $39 Price Target

By Benzinga Newsdesk
March 15, 5:54 AM
BMO Capital analyst John Kim upgrades Apartment Income REIT (NYSE:AIRC) from Underperform to Market Perform and announces $39 price target.

AIRC

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Jefferies Upgrades Harley-Davidson to Hold, Announces $39 Price Target

By Benzinga Newsdesk
March 15, 5:53 AM
Jefferies analyst Anna Glaessgen upgrades Harley-Davidson (NYSE:HOG) from Underperform to Hold and announces $39 price target.

HOG

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