ANALYST RECOMMENDATIONS : Burberry, Flutter, Glencore, JPMorgan, 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.

 

• British American Tobacco: J.P. Morgan downgrades from Overweight to Neutral, targeting GBp 3100.
• Bunzl: J.P. Morgan upgrades from neutral to overweight targeting GBp 3375.
• Burberry: Jefferies maintains a Hold rating with a price target raised from £2,100 to £2,400.
• Comerica: Odeon Capital Group cut the recommendation to hold from buy.
• Flutter: Jefferies remains Buy with a price target raised from 15,000 to 18,000 GBp.
• Glencore: J.P. Morgan remains Overweight with a price target reduced from 630 to 620 GBp.
• JPMorgan: Wells Fargo Securities raised the recommendation to overweight from equal-weight. PT up 16% to $155.
• KeyCorp: Odeon Capital Group downgrades to hold from buy.
• PacWest: D.A. Davidson & Co upgrades to buy from neutral. PT up 135% to $29.
• Prosperity Banc: D.A. Davidson & Co upgrades to buy from neutral. PT up 23% to $79.
• Nikola: Morgan Stanley initiated coverage with a recommendation of equal-weight. PT up 81% to $3.
• Tesla: Wolfe Research downgrades to peerperform from outperform. 
• Truist Financial: Baird upgrades to outperform from neutral. PT up 36% to $53.
• Under Armour: J.P. Morgan cut the recommendation to neutral from overweight. PT up 12% to $10.
• Wells Fargo: Cut to Hold at Odeon Capital.