Today's most important initiations

Janney initiated coverage on Markel Corp (NYSE: MKL) with a Buy rating and a price target of $1,550.00.

Loop Capital initiated coverage on Procore Technologies, Inc (NYSE: PCOR) with a Buy rating and a price target of $70.00.

Maxim Group initiated coverage on MediWound Ltd (NASDAQ: MDWD) with a Buy rating and a price target of $25, highlighting its advanced pipeline in wound care.

Cantor Fitzgerald initiated coverage on Oncternal Therapeutics (NASDAQ: ONCT) with an Overweight rating and a price target of $4.00. Shares gained more than 3% today.

H.C. Wainwright initiated coverage on Applied Blockchain Inc (NASDAQ: APLD) with a Buy rating and a price target of $4.00, noting that the advantage in revenue predictability, visibility, and consistency should be accorded in longer-term valuation.

By Davit Kirakosyan

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