ANALYST RECOMMENDATIONS : Equinix, Lyft, PepsiCo, Pinterest, Progressive...

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.

 

• C.H. Robinson: Citi cut its recommendation to neutral from buy. PT up 9.8% to $107.
• CMC Markets: Jefferies remains Buy with a price target reduced from GBp 340 to GBp 275.
• Douglas Emmett: Piper Sandler downgrades to neutral from overweight. PT up 10% to $19.
• Equinix: Credit Suisse lowers Equinix's PT to $571 from $716, reiterates Neutral rating.
• First Citizens BancShares: DA Davidson downgrades to neutral from buy, adjusts price target to $950 from $925
• Lyft: RBC Capital Markets downgrades to sector perform from outperform. PT up 17% to $16.
• Medallion: B Riley Securities initiated coverage with a recommendation of buy. PT set to $10.
• Norfolk Southern: Baird downgrades to neutral from outperform. PT set to $240, implies a 9.6% increase from last price.
• PepsiCo: UBS adjusts price target to $189 from $192, maintains buy rating.
• Pinterest: Goldman Sachs upgrades to buy from neutral amid potential revenue growth.
• Principal Financial: J.P. Morgan downgrades to underweight from neutral. PT down 8.1% to $72.
• Progressive: Jefferies upgrades to buy from hold. PT up 16% to $142.
• Rathbones: Jefferies maintains a Hold rating with a price target reduced from GBp 1,800 to GBp 1,720.