- Stephens & Co. boosted the price target for Installed Building Products, Inc. IBP from $132 to $140. Stephens & Co. analyst Trey Grooms maintained an Equal-Weight rating. Installed Building Products shares rose 0.2% to close at $133.02 on Monday.
- RBC Capital cut the price target for Avalo Therapeutics, Inc. AVTX from $9 to $0.75. RBC Capital analyst Gregory Renza downgraded the stock from Outperform to Sector Perform. Avalo Therapeutics shares rose 14% to $0.57 in pre-market trading.
- Truist Securities slashed the price target for Equinix, Inc. EQIX from $870 to $815. Truist Securities analyst Greg Miller downgraded the stock from Buy to Hold. Equinix shares fell 1.3% to $749.80 in pre-market trading.
- B of A Securities slashed ALLETE, Inc. ALE price target from $63 to $54. B of A Securities analyst Julien Dumoulin-Smith downgraded the stock from Neutral to Underperform. ALLETE shares fell 1.7% to $58.11 in pre-market trading.
- HC Wainwright & Co. lowered Integra Resources Corp ITRG price target from $6.5 to $3.25. HC Wainwright & Co. analyst Heiko Ihle maintained a Buy rating. Integra Resources shares fell 1.1% to close at $0.94 on Monday.
- Barclays cut FactSet Research Systems Inc. FDS price target from $520 to $480. Barclays analyst Manav Patnaik maintained an Overweight rating. FactSet Research shares rose 0.4% to close at $395.66 on Monday.
- UBS slashed Olin Corporation OLN price target from $68 to $53. UBS analyst Joshua Spector downgraded the stock from Buy to Neutral. Olin shares fell 1.9% to $48.25 in pre-market trading.
- Stifel raised the price target for Guidewire Software, Inc. GWRE from $75 to $85. Stifel analyst Parker Lane upgraded the stock from Hold to Buy. Guidewire Software shares fell 1.4% to close at $69.52 on Monday.
- Goldman Sachs increased Kellogg Company K price target from $78 to $83. Goldman Sachs analyst Jason English upgraded the stock from Neutral to Buy. Kellogg shares rose 0.7% to close at $65.60 on Monday.
- Bernstein lowered Alibaba Group Holding Limited BABA price target from $130 to $98. Bernstein analyst Robin Zhu downgraded the stock from Outperform to Market Perform. Alibaba shares rose 1.5% to $86.73 in pre-market trading.
- Jefferies cut ZIM Integrated Shipping Services Ltd. ZIM price target from $16 to $13. Jefferies analyst Omar Nokta maintained a Hold rating. Burlington Stores shares rose 0.5% to $12.15 in pre-market trading.
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