ANALYST RECOMMENDATIONS : Alphabet, AT&T, Burberry, Old Dominion, Yelp...

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.

• Alphabet: CICC initiated coverage of Alphabet Inc. Class A with a recommendation of outperform. PT set to $151.
• AT&T: Citi downgrades to neutral from buy. PT up 10% to $16.
• Burberry: Goldman Sachs remains Buy with a price target reduced from GBp 2790 to GBp 2730.
• Cohu: B Riley Securities upgrades to buy from neutral. PT up 26% to $50.
• Conagra: Morgan Stanley downgrades to equal-weight from overweight. PT up 12% to $37.
• Epam Systems: HSBC initiated coverage with a recommendation of hold. PT set to $255.
• Johnson Matthey: Bernstein maintains its Market Perform rating with a price target reduced from 1900 to 1800 GBp.
• Just Eat: Deutsche Bank remains Buy with a price target reduced from 3120 to 2135 GBp.
• Compass Minerals: Loop Capital Markets initiated coverage with a recommendation of buy. PT set to $58.
• Old Dominion: Barclays initiated coverage with a recommendation of equal-weight. PT set to $375.
• Paccar: Jefferies upgrades to buy from hold. PT up 34% to $115.
• Progressive: J.P. Morgan upgrades to overweight from neutral. PT up 25% to $146.
• Saia: Barclays initiated coverage with a recommendation of overweight. PT set to $420.
• Spectris: J.P. Morgan downgrades to underweight from neutral. PT down 15% to 3,100 pence.
• Spirax: J.P. Morgan upgrades to overweight from neutral. PT up 14% to 11,900 pence.
• State Street: J.P. Morgan downgrades to underweight from neutral. PT up 4.3% to $71.
• Telephone and data systems: Citi downgrades to neutral from buy. PT set to $8, implies a 4.7% increase from last price.
• Travelers: Baptista Research LLP initiated coverage with a recommendation of hold. PT set to $190.
• Truist Financial: Baptista Research LLP initiated coverage with a recommendation of hold. PT set to $37.90.
• Twilio: Piper Sandler downgrades to neutral from overweight. PT up 6.1% to $71.
• Williams Cos: CIBC Capital Markets initiated coverage with a recommendation of neutral. PT up 7.8% to $36.
• Yelp: Goldman Sachs upgrades to buy from neutral. PT up 23% to $47.
• Yeti Holdings: KeyBanc Capital Markets downgrades to underweight from sector weight. PT down 20% to $34.