Analyst recommendations: Carvana, Crowdstrie, Lululemon, Micron, Okta…

Every morning, find a selection of analysts' recommendations covering North America. The list only includes companies that have been the subject of a change of opinion or price target, or of a new coverage. It may be updated during the session. This information can be used to shed light on movements in certain stocks or on market sentiment towards a company.

• Arthur J. Gallagher & Co.: UBS upgrades to buy from neutral and reduces the target price from USD 283 to USD 250.
• Equity Residential: RBC Capital downgrades to sector perform from outperform with a price target raised from USD 69 to USD 70.
• Lennar Corporation: Keefe Bruyette & Woods downgrades to underperform from market perform and reduces the target price from USD 97 to USD 86.
• Toll Brothers, Inc.: Keefe Bruyette & Woods upgrades to outperform from market perform and raises the target price from USD 158 to USD 161.
• Carvana Co.: D.A. Davidson maintains its neutral recommendation and reduces the target price from USD 335 to USD 67.
• Crowdstrike Holdings, Inc.: Daiwa Securities maintains its outperform rating and raises the target price from USD 500 to USD 750.
• Lululemon Athletica Inc.: Daiwa Securities maintains its neutral recommendation and reduces the target price from USD 173 to USD 120.
• Micron Technology, Inc.: Goldman Sachs maintains its neutral recommendation and raises the target price from USD 400 to USD 900.
• Okta, Inc.: UBS maintains its buy recommendation and raises the target price from USD 115 to USD 150.
• Sandisk Corporation: Mizuho Securities maintains its outperform rating and raises the target price from USD 1825 to USD 2200.
• Venture Global, Inc.: TPH&Co. maintains its hold recommendation and raises the target price from USD 8 to USD 17.