Analyst recommendations: Target, Fastenal, Moderna, Snowflake, Ulta Beauty…

Every morning, 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 can be used to shed light on movements in certain stocks or on market sentiment towards a company.

• Expand Energy Corporation: Bernstein upgrades to outperform from dropped coverage with a target price of USD 150.
• Planet Fitness, Inc.: Stifel upgrades to buy from hold with a price target raised from USD 82 to USD 120.
• Target Corporation: Telsey Advisory Group downgrades to market perform from outperform with a price target reduced from USD 130 to USD 110.
• United Rentals, Inc.: KeyBanc Capital Markets upgrades to overweight from sector weight with a target price of USD 865.
• W.w. Grainger, Inc.: Baptista Research downgrades to underperform from hold with a target price raised from USD 1135 to USD 1153.
• Fastenal Company: Morgan Stanley maintains its market weight recommendation and reduces the target price from 76 to USD 38.
• Moderna, Inc.: JP Morgan maintains its underweight recommendation and reduces the target price from 33 to USD 26.
• Snowflake Inc.: Cantor Fitzgerald maintains its overweight recommendation and raises the target price from USD 183 to USD 242.
• Ulta Beauty, Inc.: Jefferies maintains its hold recommendation with a price target raised from USD 334 to USD 410.
• Zscaler, Inc.: Jefferies maintains its buy recommendation and raises the target price from USD 240 to USD 295.