• Ardelyx : Piper Sandler cuts to neutral from overweight, price target to $4 from $14
  • Bank of Marin Bancorp : Keefe Bruyette & Woods upgrades to outperform from market perform; price target is $43
  • Boku: Berenberg remains Buy with target raised to GBP 260 from GBP 190.
  • Deliveroo: Jefferies remains Buy with target price raised from GBP 390 to GBP 435.
  • Elementis: HSBC upgrades from Light to Hold with a target of GBp 150.
  • Glaukos : Wells Fargo downgrades to underweight from equal-weight; price target is $41
  • IBM: Societe Generale upgrades to hold from sell. PT up 1.5% to $140
  • Inspire Medical : Piper Sandler further cuts price target to $215 from $235, reiterates overweight rating
  • Intercontinental Hotels: Stifel upgraded from Hold to Buy, targeting GBp 5,600.
  • Just Eat Takeaway: Jefferies remains Buy with a price target reduced from GBp 10,700 to GBp 8,600.
  • LivaNova : Needham upgrades to buy from hold, price target is $93
  • Mister Car Wash : Goldman Sachs starts mister car wash at neutral with $23 price target
  • Spire Healthcare:  Peel Hunt upgrades to add from hold. PT set to 233 pence, 8.6% higher than last price. 
  • Synthomer: Jefferies remains Buy with a target price raised from GBp 650 to GBp 715. 
  • Velodyne Lidar : Baird lowers to neutral from outperform, price target to $10 from $18
  • Viavi : JPMorgan downgrades to neutral from overweight; price target is $19
  • Western Midstream Partners LP : Morgan Stanley upgrades to overweight from equal-weight; price target is $24
  • Zions Bancorporation National Association : Baird upgrades to neutral from underperform; price target is $49