- BAE Systems: Berenberg remains Buy with a price target raised from GBp 600 to GBp 850.
- Citigroup: Jefferies downgrades to hold from buy. PT up 6% to $60.
- First Horizon Corp: Jefferies downgrades to hold from buy. PT up 5.5% to $25.
- Glencore: AlphaValue upgrades to Accumulate from Hold with a target of GBp 544.
- ITV: Goldman Sachs upgrades to neutral from sell. PT up 25% to 94 pence.
- Mondi: Jefferies remains Buy with a target reduced from GBp 2200 to GBp 1670.
- Mosaic: HSBC downgrades to hold from buy. PT down 4.7% to $57.
- NextEra Energy: KeyBanc Capital Markets upgrades to overweight from sector weight. PT up 8.5% to $87.
- Philip Morris: J.P. Morgan downgrades to neutral from overweight. PT up 10% to $110.
- Trainline: Berenberg remains Buy with a price target reduced from GBp 440 to GBp 260.
- United States Steel: Morgan Stanley upgrades to equal-weight from underweight. PT down 1.3% to $31.