ANALYST RECOMMENDATIONS : Booking, Lowe's, Snap, Snowflake, Tesla...

Every day, 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 is used to shed light on the movements of certain stocks or the market sentiment on a company.

 

• AGCO: Morgan Stanley downgrades to equal-weight from overweight. PT up 21% to $129.
• Autozone: MKM Partners initiated coverage with a recommendation of buy. PT set to $2,350.
• AvalonBay: Credit Suisse reinstated coverage with a recommendation of neutral. PT up 8.4% to $208.
• Booking: Gordon Haskett lowers price target to $2,474 from $2,730, maintains buy rating.
• Chemring: Jefferies remains "Hold" with a price target reduced from GBp 350 to GBp 330.
• Currys: Morgan Stanley resumes inline-weighted tracking by targeting GBp 96.
• D.R. Horton: Keefe Bruyette & Woods adjusts price target to $80 from $100, maintains market perform rating.
• FirstGroup: HSBC downgrades from buy to hold, targeting GBp 150.
• Intertek: Deutsche Bank downgrades from hold to sell targeting GBp 3600.
• Lowe's: MKM Partners initiated coverage with a recommendation of neutral. PT set to $190.
• Kilroy Realty: Credit Suisse reinstated coverage with a recommendation of underperform. PT set to $48.
• Rentokil: Deutsche Bank upgrades from hold to buy targeting GBp 550.
• Rio Tinto: Morgan Stanley moves from Overweight to Equal-Weight with GBp 6230.
• Snap: Guggenheim lowers price target to $18 from $35, maintains buy rating.
• Snowflake: J.P. Morgan upgrades to overweight from neutral. PT up 30% to $165.
• Tesla: Morgan Stanley lowers price target to $1,200 from $1,300, maintains overweight rating.
• The Home Depot: Gordon Haskett lowers price target to $315 from $330, maintains accumulate rating.
• The New York Times Co: Cannonball Research downgrades to neutral from buy, lowers pt to $31.50 from $60.