ANALYST RECOMMENDATIONS : Caterpillar, Dow, Spotify, Alphabet, Snap...

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.

• Caterpillar Inc.: Stifel downgrades to hold from buy and raises the target price from USD 293 to USD 350.
• Citizens Financial Group, Inc.: Piper Sandler & Co upgrades to overweight from neutral with a price target raised from USD 35 to USD 41.
• Dow Inc.: JP Morgan upgrades to overweight from neutral with a price target raised from USD 55 to USD 61.
• Epam Systems, Inc.: Morgan Stanley downgrades to equalwt from underwt with a price target reduced from USD 236 to USD 225.
• First Citizens Bancshares, Inc.: Piper Sandler & Co downgrades to neutral from overweight with a price target raised from USD 1850 to USD 1950.
• Spotify Technology S.a.: Phillip Securities upgrades to buy from accumulate with a price target raised from USD 270 to USD 340.
• Alphabet Inc.: JMP Securities maintains its market outperform recommendation and raises the target price from USD 160 to USD 200. 
• Freeport-Mcmoran Inc.: Argus Research Company maintains its buy recommendation and raises the target price from USD 44 to USD 54.
• Intel Corporation: Truist Securities maintains its hold recommendation with a price target reduced from USD 45 to USD 33.
• Snap Inc.: RBC Capital maintains its sector perform recommendation and raises the target price from USD 13 to USD 16.
• Tractor Supply Company: Morgan Stanley maintains its underperform rating and raises the target price from USD 195 to USD 235.
• Vertiv Holdings Co: Mizuho Securities maintains a neutral recommendation with a price target raised from USD 56 to USD 95.
• Western Digital Corporation: Loop Capital Markets maintains its buy recommendation and raises the target price from USD 73 to USD 90. 
• Abrdn Plc: HSBC upgrades to hold from reduce with a price target raised from GBP 1.45 to GBP 1.50.
• Antofagasta Plc: Canaccord Genuity downgrades to hold from buy with a price target raised from GBX 1925 to GBX 2065.
• Ashtead Group Plc: HSBC upgrades to buy from hold with a price target raised from GBP 51.10 to GBP 66.
• Convatec Group Plc: Peel Hunt downgrades to reduce from add with a price target reduced from GBX 245 to GBX 225.
• Unilever Plc: AlphaValue/Baader Europe downgrades to reduce from add with a price target raised from GBX 4241 to GBX 4324.
• Anglo American Plc: BMO Capital Markets maintains its market perform recommendation and raises the target price from 20 to GBP 25.