Graham downgraded to Market Perform from Outperform at Northland

Group 1 - Northland downgraded Graham (GHM) to Market Perform from Outperform with a price target of $80, increased from $71 [1] - The firm is positive on the acquisition of FlackTek, a producer of proprietary material processing solutions [1] - Management signaled that orders are expected to decelerate to about $50 million in the second half of 2026, down from $209 million in the first half [1] - Analysts believe "a better entry could emerge" for investors [1]