Analysts’ New Coverage for June 16th (AIT, ARDX, ATHE, EMR, GWW, MANE, MSM, NVT, PEPG, PRE)

Analysts’ new coverage for Tuesday, June 16th:

DA Davidson began coverage on shares of Applied Industrial Technologies (NYSE:AIT). DA Davidson issued a buy rating and a $380.00 target price on the stock.

LADENBURG THALM/SH SH initiated coverage on shares of Ardelyx (NASDAQ:ARDX). The firm issued a buy rating and a $16.00 price target on the stock.

LADENBURG THALM/SH SH initiated coverage on shares of Alterity Therapeutics (NASDAQ:ATHE). LADENBURG THALM/SH SH issued a buy rating and a $10.00 price target on the stock.

DA Davidson initiated coverage on shares of Emerson Electric (NYSE:EMR). DA Davidson issued a neutral rating and a $145.00 target price on the stock.

DA Davidson assumed coverage on shares of W.W. Grainger (NYSE:GWW). The firm issued a neutral rating and a $1,250.00 price target on the stock.

Lifesci Capital began coverage on shares of Veradermics (NYSE:MANE). Lifesci Capital issued an outperform rating and a $135.00 price target on the stock.

DA Davidson initiated coverage on shares of MSC Industrial Direct (NYSE:MSM). They issued a buy rating and a $145.00 target price on the stock.

Melius Research initiated coverage on shares of nVent Electric (NYSE:NVT). The firm issued a buy rating and a $214.00 price target on the stock.

Craig Hallum assumed coverage on shares of PepGen (NASDAQ:PEPG). The firm issued a buy rating and a $11.00 price target on the stock.

Benchmark Co. initiated coverage on shares of Prenetics Global (NASDAQ:PRE). Benchmark Co. issued a buy rating and a $30.00 price target on the stock.

DA Davidson initiated coverage on shares of Regal Rexnord (NYSE:RRX). The firm issued a buy rating and a $260.00 target price on the stock.

DA Davidson started coverage on shares of Timken (NYSE:TKR). DA Davidson issued a neutral rating and a $130.00 target price on the stock.

DA Davidson assumed coverage on shares of WESCO International (NYSE:WCC). DA Davidson issued a buy rating and a $440.00 target price on the stock.

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