York Space Systems

York Space Systems Q2 revenue beats estimates, EPS and EBITDA miss; cuts FY26 revenue guide.

Upgrades: HSBC upgraded YPF to Buy (PT $60). Deutsche Bank upgraded PMT to Buy (PT $12). KBW upgraded NYAX to Outperform (PT $75). Wells Fargo upgraded OKTA to Overweight (PT $180). Rothschild Redburn upgraded AAPL to Buy (PT $400, from $260). Berenberg upgraded MBLY to Buy (PT $11). Northland upgraded ALAB to Outperform. Downgrades: JPMorgan downgraded YSS to Neutral (PT $17). KBW downgraded BCSF to Market Perform (PT $13) and CCAP to Market Perform (PT $12). Raymond James downgraded ARX to Market Perform. Barclays downgraded MUR to Underweight (PT $34). Phillip Securities downgraded SHOP to Accumulate (PT $170). Deutsche Bank downgraded WDAY to Hold (PT $220); BTIG downgraded to Neutral. Clear Street downgraded KNTK to Hold (PT $57). Coverage: BMO Capital resumed GNL at Outperform (PT $10).