Analyst recommendations: Nike, Pfizer, Hewlett Packard, Intel, The Trade Desk…

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.

• Borgwarner Inc.: UBS upgrades to buy from neutral with a price target raised from USD 61 to USD 95.
• Cava Group, Inc.: UBS upgrades to buy from neutral with a price target raised from USD 85 to USD 90.
• Globalfoundries, Inc.: Arete Research upgrades to buy from neutral with a price target raised from USD 37 to USD 95.
• Hess Midstream Lp: Morgan Stanley downgrades to underweight from market weight with a target price of USD 38.
• Nike, Inc.: RBC Capital downgrades to sector perform from outperform and reduces the target price from USD 70 to USD 50.
• Pfizer Inc.: RBC Capital upgrades to sector perform from underperform with a target price of USD 25.
• Renaissancere Holdings Ltd.: Citi upgrades to buy from neutral with a price target raised from USD 335 to USD 345.
• Carvana Co.: Gordon Haskett maintains its hold recommendation and reduces the target price from USD 425 to USD 75.
• Cleveland-Cliffs Inc: JP Morgan maintains its neutral recommendation and raises the target price from USD 9 to USD 13.
• Conagra Brands, Inc.: Evercore ISI maintains its in-line recommendation and reduces the target price from USD 18 to USD 13.
• Datadog, Inc.: Barclays maintains its overweight recommendation and raises the target price from USD 215 to USD 260.
• Dexcom, Inc.: TD Cowen maintains its buy recommendation and raises the target price from USD 75 to USD 95.
• Globalfoundries, Inc.: Arete Research upgrades to buy from neutral with a price target raised from USD 37 to USD 95.
• Hewlett Packard Enterprise Company: Daiwa Securities maintains its neutral recommendation and raises the target price from USD 23 to USD 52.
• Intel Corporation: Arete Research maintains its neutral recommendation and raises the target price from USD 20.40 to USD 99.
• Jabil Inc.: Raymond James maintains its strong buy recommendation and raises the target price from USD 300 to USD 425.
• Steel Dynamics, Inc.: JP Morgan maintains its neutral recommendation and raises the target price from USD 210 to USD 262.
• The Trade Desk, Inc.: Arete Research maintains its neutral recommendation and reduces the target price from USD 22 to USD 16.
• Zillow Group, Inc.: RBC Capital maintains its outperform rating and reduces the target price from USD 95 to USD 70.