• Alibaba: J.P. Morgan upgrades ADRs to overweight from underweight. PT rises 48% to $130.
  • Aviva: Goldman Sachs downgrades from buy to neutral targeting GBp 500.
  • Barclays: Jefferies remains Buy with a price target raised from GBp 269 to GBp 316.
  • Dada Nexus: JPMorgan raises to overweight from neutral, price target to $10 from $7.50
  • Duke Realty: BMO Capital Markets upgrades to outperform from market perform. PT up 21% to $65.
  • Hyatt: Berenberg upgrades to hold from sell. PT up 1.7% to $85.
  • JD.com: J.P. Morgan upgrades ADRs to neutral from underweight. PT up 13% to $58.
  • Inter Parfums: Citi raised the recommendation to buy. PT up 36% to $99.
  • Kainos: Berenberg downgrades from buy to hold with a target of GBp 1200.
  • Marathon Petroleum: Goldman Sachs downgrades to neutral from buy. PT up 6.4% to $102.
  • Nielsen Holdings: BMO Capital Markets downgrades to market perform from outperform. PT up 11% to $28.
  • Phoenix Group: Goldman Sachs upgrades from neutral to buy targeting GBp 857.
  • Renishaw: Berenberg remains Buy with a price target reduced from GBp 6600 to GBp 5100.
  • RH: Morgan Stanley initiated coverage with a recommendation of equal-weight. PT set to $400, implies a 38% increase from last price.
  • Twilio: Baird downgrades to neutral from outperform. PT up 8.3% to $120.