ANALYST RECOMMENDATIONS : AT&T, Celanese, M&S, Snap, Verizon...

Every morning, find a selection of analysts' recommendations covering North America and the UK. 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.

• Abrdn plc: HSBC maintains its reduce recommendation with a new target price of GBP 1.40 , compared with GBP 1.90 previously.
• AT&T: Citi upgrades to buy from neutral. PT up 20% to $17.
• Bunzl plc: Credit Suisse maintains its neutral recommendation with a price target raised from GBp 3255 to GBp 3345.
• Celanese:  Piper Sandler downgrades to underweight from neutral. PT down 7.8% to $112.
• Forward Air: Jefferies upgrades to buy from hold. PT up 20% to $85.
• Hersha Hospitality: Barclays upgrades to equal-weight from underweight. PT up 2.1% to $10.
• Marks and spencer: RBC Capital maintains its sector perform recommendation with a price target raised from 205 to 235 GBp.
• Puretech health: Liberum maintains its buy recommendation with a price target reduced from 430 to 390 GBp.
• Segro plc (sgro ln): Goldman Sachs maintains its recommendation at "Neutral" with a price target reduced from 750 to 710 GBP.
• Snap: President Capital Management upgrades to buy from neutral. PT rises 48% to $14.
• Standard chartered: BNP Paribas Exane maintains its neutral recommendation with a price target reduced from 920 to 911 GBP.
• Verizon: Citi upgrades to buy from neutral. PT up 19% to $40.
• Watches of switz: Investec maintains its buy recommendation with a price target reduced from 925 to 860 GBp.
• Wh smith plc (smwh ln): RBC Capital maintains its Outperform recommendation with a price target reduced from GBp 2,000 to GBp 1,900.