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Story summary
- Deutsche Bank upgraded Micron Technology to a 'Buy' rating, increasing its price target to $175 due to strong AI-driven memory demand.
- JPMorgan expects higher demand for Apple's iPhone 17, noting improved early delivery lead-times compared to the iPhone 16 Series.
- Melius upgraded Eaton to 'Buy' with a projected 35% upside, while Citigroup upgraded Union Pacific for its favorable risk/reward profile.
- The S&P 500 increased by 1.6% last week amid weaker jobs data and rising inflation, fueled by optimism over a potential Fed rate cut.
- Six companies recently went public, each raising over $100 million, indicating a notable revival in the IPO market.
