A long list of analyst recommendations today, with Goldman Sachs initiating coverage on many US fashion brands. After it reported its results for the second quarter, Cowen raised PepsiCo's price target. Arete downgraded several Chinese companies under threat from the Chinese government crackdown on US listed companies, including Tencent Music Entertainment.
Alibaba : Arete adjusts price target to $192 from $250, maintains neutral rating
Burberry: Berenberg stays Hold with a price target raised from GBp1,820 to GBp2,050.
Canada Goose : Goldman Sachs starts coverage at neutral with $46 price target