- AO World: Numis upgrades from hold to buy targeting GBp 60.
- BHP: Berenberg remains "Hold" with a price target reduced from GBp 2,700 to GBp 2,200.
- Bunge: Monness, Crespi, Hardt initiates bunge at buy with $130 price target.
- Charles River Laboratories: Argus lowers price target to $290 from $350, maintains buy rating.
- Coinbase: Atlantic Equities downgrades to neutral from overweight. PT up 4.6% to $54.
- Ford: UBS lowers price target to $13 from $20.50, neutral rating kept.
- Harmony Biosciences: Mizuho initiates coverage with buy rating, $64 price target.
- Moelis & Company: UBS downgrades to neutral from buy, lowers price target to $40 from $54.
- Morgan Stanley: UBS lowers price target to $95 from $103, buy rating kept.
- Norfolk Southern: Susquehanna trims 's price target to $275 from $350, reiterates positive rating.
- Rio Tinto: Berenberg downgrades from hold to sell targeting GBp 4200.
- Segro: Exane BNP Paribas downgrades from neutral to underperform, targeting GBp 800.
- The Boston Beer Co: RBC Capital Markets downgrades to sector perform from outperform. PT up 8.1% to $331.
- The Goldman Sachs Group: UBS lowers price target to $325 from $345, neutral rating kept.