Auto Trader: Jefferies remains Buy with a price target reduced from GBp 870 to GBp 790.

Blackstone: Orient Securities initiated coverage with a recommendation of buy. PT up 31% to $141.26.

British American Tobacco: Jefferies remains Buy with a target raised from GBp 3900 to GBp 4200.

Qualcomm: KeyBanc adjusts price target to $220 from $200, reiterates overweight rating.

Micron: Summit Insights downgrades to hold from buy.

Microsoft: Jefferies still consider the stock as a Buy opportunity. The target price is slightly modified from USD 325 to USD 320.

New residential Investment: Piper Sandler cuts to underweight from neutral, price target to $10 from $12

Rolls-Royce: Morgan Stanley upgrades from Equal-weight to Overweight, targeting GBp 118.

Royal Gold: Canaccord Genuity upgrades to buy from hold. PT up 22% to $140.

Shell: Bernstein initiated coverage with an outperform rating and a price target of 31.00 pounds sterling.

Tesla: RBC Capital Markets upgrades to outperform from sector perform. PT rises 58% to $1,100.

T. Rowe: BMO Capital Markets downgrades to market perform from outperform. PT up 18% to $135.

Vesuvius: Jefferies remains Buy with a price target reduced from GBp 705 to GBp 535.