ANALYST RECOMMENDATIONS : Qualcomm, National Grid, Magellan, Medtronic, Vodafone...

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.

 

Cabot Corp: Deutsche Bank upgrades to buy from hold. PT up 24% to $90.

Future Plc: J.P. Morgan initiated coverage with a recommendation of overweight. PT rises 61% to 2,500 pence.

Qualcomm: Credit Suisse initiated coverage with a recommendation of outperform. 

National Grid: Societe Generale upgrades from hold to buy, targeting GBp 1210.

Magellan: Wolfe Research downgrades to underperform from peerperform. PT down 5.9% to $49.

Medtronic: Deutsche Bank analyst Pito Chickering cut the recommendation on Plc to hold from buy. PT set to $85, implies a 1.9% increase from last price.

Sea Ltd ADRs: Maybank Research reinstated coverage of Sea Ltd. Class A ADRs with a recommendation of buy. PT set to $98, implies a 57% increase from last price.

Vodafone: UBS still considers the stock as a Buy opportunity. The target price has been modified and is now set at GBX 129 compared to GBX 131.