ANALYST RECOMMENDATIONS : Burberry, Comcast, Starbucks, SVB Financial, Warner Music...

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.

 

• Burberry: HSBC moves from Hold to Light with a target of GBp 1950.
• Callon Petroleum: J.P. Morgan raised its recommendation to neutral from underweight. PT up 38% to $57.
• Comcast: Wells Fargo Securities upgrades to equal-weight from underweight. PT up 6% to $38.
• Frasers Group: Shore Capital Stockbrokers initiated coverage with a recommendation of buy. PT rises 36% to 1,200 pence.
• Laredo Petroleum: J.P. Morgan downgrades to underweight from neutral. PT up 12% to $69.
• Murphy Oil: J.P. Morgan upgrades to overweight from neutral. PT up 23% to $56.
• NetApp: Loop Capital Markets downgrades to hold from buy. PT up 0.9% to $67.
• Persimmon: Jefferies downgrades from buy to hold targeting GBp 1436.
• Spirax: Jefferies remains Underperform with a target cut from GBp 11,460 to GBp 9,910.
• Spire: J.P. Morgan downgrades to neutral from overweight. PT up 0.4% to $69.
• Starbucks: Deutsche Bank downgrades to hold from buy. PT up 0.9% to $106.
• SVB Financial: Morgan Stanley downgrades to underweight from equal-weight. PT down 17% to $186.
• United Therapeutics: Goldman Sachs reinstated coverage with a recommendation of sell. PT set to $230.
• Warner Music: Baptista Research initiated coverage with a recommendation of hold. PT set to $37.
• Watches of Switzerland: HSBC downgrades from buy to hold targeting GBp 1100.