Baird has initiated nLIGHT as outperform and is set to cover the semis laser company with an Outperform rating and $95 price target, citing market tailwinds and robust funding positions as reasons for its growth. Oppenheimer has reiterated Apple as perform, while Truist initiates PulteGroup as buy. KeyBanc has also initiated Chime Financial as overweight and upgraded Tesla to buy from neutral, while CLSA has dismissed Nvidia as high-conviction outperform. Wedbush reiterated Amazon, Meta and Alphabet as outperforms, while Wedbush said all three companies are well positioned in digital advertising. JPMorgan initiated SPX Technologies as overweight, and JPMorgan also initiated coverage of SPXC with an Overweight rating and a Dec-2026 price target of $260.