Analysts Upgrade Stocks: Palo Alto, AMD, Reddit

Berenberg initiates coverage of Palo Alto Networks with a Buy rating and $215 price target, citing AI-driven opportunity.
D.A. Davidson upgrades AMD to Buy, raising price target to $375, highlighting structural CPU demand growth from agentic AI workloads.
D.A. Davidson initiates Reddit coverage with Buy rating and $200 target, noting 33% YTD decline and strong AI data licensing potential.
Evercore adds Arista Networks to Tactical Outperform list ahead of Q1 earnings, forecasting revenue above $2.61 bn and EPS beat.