UBS Upgrades Link REIT and Steel Sector

UBS analysts have upgraded Link REIT to Buy, raising its target to HK$41. Energy Transfer maintains a Buy rating with a $24 target, supported by improved earnings forecasts due to operational upgrades and favorable weather. Eli Lilly is rated Neutral with a $1100 target due to mixed performances of its products, although growth prospects remain strong pending upcoming data releases. NiSource retains a Buy rating with a $45 target, bolstered by increasing demand and strategic growth plans. CryoPort's rating was upgraded to Buy with a $10 target, as it benefits from involvement in the growing cell and gene therapy sector. Lastly, steel companies Steel Dynamics and Nucor were upgraded to Buy, given the protective tariffs under President Trump's administration, which have positively impacted steel prices.