![]() ![]() Morgan Stanley upgraded Kornit Digital (KRNT) to Overweight from Equal Weight with an unchanged price target of $29. Vogtle construction risk is now a "diminished factor in the equity story," giving way to a "low risk" earnings outlook, supportive regulatory relationships, and strong balance sheet, the firm argues. Morgan Stanley upgraded Southern Company (SO) to Equal Weight from Underweight with a price target of $69, up from $60. The firm notes the company's merchant growth positively de-coupled from Visa (V) and Mastercard (MA) in Q2, and says it now believes the above-market growth will persist for the balance of 2023. Jefferies upgraded Global Payments (GPN) to Buy from Hold with a price target of $145, up from $125, post the Q2 report. ![]() The company's Q2 results were "mixed," but the shares now fairly reflect the near-term headwinds from bookings deceleration, the firm says. ![]() Morgan Stanley upgraded Roblox (RBLX) to Equal Weight from Underweight with a price target of $30, up from $26. ![]()
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