Top Initiations:  AFRM CPAY: SECTOR OUTPERFORM @ Scotia  KLAR XYZ: SECTOR PERFORM @ Scotia  ALM ESI IPX MTRN NMG USAR: BUY @ Jefferies NB REA SLI: HOLD @ Jefferies BLLN CDNA WSE: BUY @ Canaccord Genuity AROW CHMG CTBI: OUTPERFORM @ Raymond James FLG SMBC: MARKET PERFORM @ Raymond James CHDN DKNG FLUT H RRR SRAD WYNN: OUTPERFORM @ Wolfe Research HLT LVS MAR: PEER PERFORM @ Wolfe Research AVEX CW RCAT: NEUTRAL @ Piper Sandler GFS TSEM TSM: BUY @ Stifel Nicolaus AMP: OVERWEIGHT @ MS ASTS: BUY @ Berenberg HAWK: BUY @ Berenberg PL: BUY @ Berenberg REI: NEUTRAL @ Mizuho  RKLB: BUY @ Berenberg SOFI: SECTOR UNDERPERFORM @ Scotia Howard Weil TEM: OVERWEIGHT @ Cantor 02-SEP-2026 06:56 AM ET