• AbbVie: Credit Suisse reinstated coverage with a recommendation of outperform. PT set to $170.
  • Amgen: Credit Suisse reinstated coverage with a recommendation of underperform. PT set to $240.
  • Bakkavor: HSBC downgrades from buy to hold targeting GBp 90.10.
  • Bristol-Myers: Credit Suisse reinstated coverage with a recommendation of neutral. PT set to $78.
  • Burberry: Jefferies maintains a Hold rating with a price target raised from GBp 1900 to GBp 2100.
  • Dominion Energy:  Evercore ISI analyst Durgesh Chopra downgrades to inline from outperform. PT up 31% to $78.
  • First Foods: Jefferies remains Buy with a price target raised from GBp 120 to GBp 130.
  • Johnson & Johnson: Credit Suisse reinstated coverage with a recommendation of neutral. PT set to $170.
  • Merck & Co: Credit Suisse reinstated coverage with a recommendation of outperform. PT set to $120.
  • Pfizer: Credit Suisse reinstated coverage with a recommendation of outperform. PT set to $55.
  • Virgin Money: Jefferies remains Buy with a price target reduced from GBp 258 to GBp 197.
  • Walgreens Boots: J.P. Morgan raised its recommendation to overweight from neutral. PT up 4.7% to $42.