• Altria Group: Barclays downgrades to underweight from equal-weight, targeting $36.
  • Autoliv: Exane BNP Paribas upgrades to neutral from underperfom. PT up 13% to $86.
  • Bath & Body Works: J.P. Morgan decreases to neutral from overweight. PT down 3.4% to $30.
  • Big Yellow Group: Kempen & Co upgrades to buy from neutral. PT up 13% to 1500 pence.
  • Carnival: Morgan Stanley reduces price target to $7 from $13, maintains underweight rating.
  • FactSet Research System: UBS cuts the target to $399 from $454, maintains neutral rating.
  • Ferrari NV: Sealand Securities initiated coverage with a recommendation of buy. PT up 16% to $215.
  • Glaxosmithkline: J.P. Morgan adjusts price target to GBX 1900, reiterates its neutral rating.
  • Hanover Insurance Group:  Morgan Stanley initiated coverage with a recommendation of equal-weight. PT set to $155.
  • Hilton Grand Vacations: Barclays initiated coverage with a recommendation of overweight. PT up 34% to $50.
  • HSBC: Goldman Sachs increases its price target from GBX 710 to GBX 800, maintains buy rating.
  • McDonald's: Atlantic Equities LLP upgrades to overweight from neutral. PT up 14% to $278.
  • Norwegian Cruise Line Holdings: Barclays starts  at equal-weight with $14 price target. 
  • Oracle: Exane BNP Paribas upgrades to outperform from neutral. PT up 31% to $90.
  • Redfin: Stifel adjusts price target to $10 from $11, reiterates hold rating.
  • T. Rowe Price Group: Keefe, Bruyette & Woods moves to underperform from market perform with $107.
  • Travis Perkins: J.P. Morgan upgrades its price target to 1200 pence, to neutral from overweight.
  • Vodafone Group: J.P. Morgan downgrades to neutral from overweight. PT up 31% to 168 pence.