• British American Tobacco: Jefferies remains Buy with a price target raised from GBp 4500 to GBp 4800.
  • CF Industries: RBC Capital Markets upgrades to outperform from sector perform. PT  up 40% to $135.
  • Citigroup: Goldman Sachs downgrades to neutral from buy. PT up 30% to $54.
  • EasyJet: HSBC downgrades from buy to hold, targeting GBp 300.
  • International Consolidated Airlines: HSBC upgrades from hold to buy, targeting GBp 130.
  • Intuit: J.P. Morgan moved its recommendation to neutral from rating suspended. PT down 7.1% to $360.
  • Land Securities: Stifel downgrades from buy to hold, targeting GBp 550.
  • Sage: UBS  increased its price target to 7.45 pounds sterling from 7.20 pounds and reiterated its neutral rating.
  • Shaftesbury: Stifel downgrades from buy to hold targeting GBp 380.
  • Wells Fargo: Goldman Sachs upgrades to buy from neutral, adjusts price target to $48 from $46.