Group 1 - Melius Research analyst Scott Davis upgraded Trane (TT) to Buy from Hold with a price target of $490, influenced by recent comments from Nvidia (NVDA) regarding future cooling architectures [1] - The analyst believes that the current applied HVAC "supercycle" is driven by factors that extend beyond just data centers, indicating a broader market potential for cooling suppliers [1] - Johnson Controls (JCI) was also upgraded to Buy based on similar reasoning regarding the HVAC market dynamics [1]