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Research Alert: CFRA Maintains Strong Buy Rating On Vrt Shares

-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:

Data center spend remains in an uptrend in 2026, with recent U.S. census bureau data indicating that data center construction spending has now eclipsed investments in commercial office buildings. We revise our EPS growth assumptions higher ahead of VRT's Q1 print in late April, updating our 12-month target to $325 from $285, valuing shares at 38.8x our 2027 EPS outlook of $8.37 (up from $8.15; 2026 EPS view changed to $6.18 from $6.04), an above-trend multiple that we see as warranted given VRT's multi-pronged approach to capitalizing on unprecedented demand for electrical management and thermal cooling technologies. In our view, VRT has done a commendable job of positioning itself as a leading manufacturer and service provider of data center infrastructure, developing a "systems" approach to their offerings that helps to deepen the company's competitive positioning. VRT continues to successfully leverage partnerships, accelerating product development and further embedding the company in the AI ecosystem.

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Research Alert: Hexcel Posts Q1 Beat On Top And Bottom Lines, Strong Margin Expansion

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:HXL posted Q1 adjusted EPS of $0.59 vs. $0.37 prior year, $0.15 above consensus, on sales of $501.5M (+9.9% Y/Y), beating consensus by $18M. Commercial Aerospace sales rose 18.8% Y/Y to $332.7M, led by A350, A320neo, 787, and 737 MAX programs as destocking pressures abated. The results validate our multiyear thesis on operating leverage, with 59.5% EPS growth on sub-10% sales growth as volumes recover into existing capacity. Management reaffirmed 2026 guidance for sales of $2.0B-$2.1B and adjusted EPS of $2.10-$2.30 despite geopolitical uncertainties. Adjusted operating margin expanded 360 bps Y/Y to 13.5%, demonstrating substantial fixed cost leverage. We believe HXL is well positioned to capture incremental revenue from sole-source contracts without material capacity additions, with line of sight to mid-30s incremental margins through 2027, though sustained progress remains contingent on OEM execution and supply chain stability.

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Genesis Energy Posts Lower Fiscal Q3 Retail Electricity Sales; Raises Fiscal 2026 EBITDAF Guidance

Genesis Energy (ASX:GNE, NZE:GNE) reported total retail electricity sales of 1,380 gigawatt-hours (GWh) for the fiscal third quarter ended March 31, down from 1,474 GWh in the same quarter a year earlier, according to a Thursday filing with the New Zealand bourse.The company's retail customers fell to 491,532 in the quarter from 526,327 a year earlier, and wholesale electricity sales declined year over year to 998 GWh from 1,434 GWh, the filing said.The company's total retail gas sales were 0.8 petajoules in the March quarter, down from 1.2 petajoules in the same quarter last year.The company raised its fiscal 2026 guidance for normalized earnings before interest, taxes, depreciation, amortization, and fair-value adjustments to a range of NZ$515 million to NZ$545 million from its previous forecast of NZ$490 million to NZ$520 million.

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