ANALYST RECOMMENDATIONS : Agree Realty, Burberry, Caterpillar, Expedia, TripAdvisor...

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.

• Agree Realty: Mizuho Securities upgrades to buy from neutral. PT up 7.4% to $70.
• Andersons: Roth MKM initiated coverage with a recommendation of buy. PT up 22% from last price to $55.
• Antofagasta: Morgan Stanley maintains an in-line weighting with a price target raised from 1340 to 1490 GBp.
• Archer-Daniels-Midland: Roth MKM initiated coverage with a recommendation of buy. PT set to $92.
• Burberry: Morgan Stanley maintains an in-line weighting with a price target reduced from GBp 2500 to GBp 2400.
• Bunge: Roth MKM initiated coverage with a recommendation of buy. PT set to $138.
• Caterpillar: D.A. Davidson & Co initiated coverage with a recommendation of neutral. PT set to $263.
• Expedia: B Riley Securities initiated coverage with a recommendation of buy. PT set to $160.
• Mercury Systems: Baird downgrades to neutral from outperform. PT up 5% to $40.
• Shell: HSBC remains Buy with price target raised from GBp 2710 to GBp 2760.
• Toro: D.A. Davidson & Co initiated coverage with a recommendation of buy. PT set to $117.
• Tripadvisor: B Riley Securities initiated coverage with a recommendation of buy. PT set to $25.