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GLOBAL BROKER RATINGS: Santander upped to 'buy'; Barclays cuts Aixtron

(Alliance News) - The following global blue-chips received analyst recommendations since Thursday:

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BASIC RESOURCES

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UBS cuts Lanxess price target to 26 (27) EUR - 'neutral'

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CONSUMER DISCRETIONARY

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UBS raises Moncler price target to 78 (72) EUR - 'buy'

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UBS raises Richemont price target to 163 (149) CHF - 'buy'

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Barclays raises Richemont price target to 169 (162) CHF - 'overweight'

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Jefferies raises Richemont price target to 155 (135) CHF - 'buy'

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UBS raises Kering price target to 460 (450) EUR - 'buy'

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UBS cuts Brunello Cucinelli price target to 120 (133) EUR - 'buy'

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UBS raises Hermes price target to 2,753 (2,508) EUR - 'buy'

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UBS cuts Burberry price target to 990 (1,000) pence - 'sell'

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Barclays cuts Burberry price target to 1,340 (1,460) pence - 'equal weight'

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Deutsche Bank cuts Burberry price target to 1,300 (1,330) pence - 'hold'

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UBS cuts Porsche SE to 'neutral' (buy) - price target 52 (55) EUR

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Deutsche Bank cuts Tesla price target to 200 (218) USD - 'buy'

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JPMorgan raises easyJet price target to 700 (680) pence - 'overweight'

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UBS raises LVMH price target to 849 (760) EUR - 'neutral'

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Barclays raises Puma SE price target to 43 (42) EUR - 'equal weight'

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Barclays raises Henkel price target to 76 (72) EUR - 'equal weight'

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Barclays raises Adidas price target to 227 (218) EUR - 'overweight'

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RBC cuts Reckitt price target to 5,000 (7,000) pence - 'outperform'

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FINANCIALS

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DZ Bank raises Santander to 'buy' (hold) - fair value 5.30 (3.70) EUR

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UBS raises Phoenix Group price target to 630 (600) pence - 'buy'

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UBS raises Legal & General price target to 258 (235) pence - 'neutral'

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Deutsche Bank raises Talanx price target to 70 (58) EUR - 'hold'

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Barclays raises Nordea price target to 13 (12.70) EUR - 'overweight'

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Jefferies raises Barclays price target to 330 (220) pence - 'buy'

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Jefferies raises Zurich price target to 445 (430) CHF - 'hold'

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DZ Bank raises fair value for Intesa Sanpaolo to 4 (3.50) EUR - 'buy'

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HEALTH CARE

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Kepler Cheuvreux raises Haleon price target to 340 (315) pence - 'hold'

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Bernstein starts AstraZeneca with 'outperform' - price target 17700 pence

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Bernstein starts Roche with 'outperform' - price target 295 CHF

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Barclays raises ConvaTec price target to 325 (310) pence - 'overweight'

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LBBW cuts Jenoptik to 'hold' (buy) - price target 30 (33) EUR

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INDUSTRIALS

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Bank of America raises Leonardo price target to 27 (23) EUR - 'buy'

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Kepler Cheuvreux raises Rational price target to 885 (725) EUR - 'buy'

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Warburg raises Rational price target to 770 (650) EUR - 'hold'

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Barclays cuts Rational to 'equal weight' (overweight) - price target 834 (788) EUR

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LBBW raises Rational price target to 660 (600) EUR - 'sell'

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Kepler Cheuvreux raises Jungheinrich price target to 34 (30) EUR - 'hold'

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Barclays raises Jungheinrich price target to 39 (37) EUR - 'overweight'

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Deutsche Bank raises ABB price target to 37 (34) CHF - 'hold'

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Morgan Stanley raises ABB price target to 34 (31.50) CHF - 'underweight'

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RBC raises Diploma plc price target to 3,500 (3,100) pence - 'sector perform'

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TECHNOLOGY

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UBS raises Intel price target to 50 (46) USD - 'neutral'

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Barclays cuts STMicro price target to 40 (46) EUR - 'equal weight'

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Barclays cuts Infineon price target to 38 (45) EUR - 'overweight'

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Barclays cuts Aixtron to 'equal weight' (overweight) - price target 30 (38) EUR

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DZ Bank raises Cancom to 'buy' (sell) - fair value 37 EUR

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UTILITIES

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Exane BNP cuts RWE to 'neutral' (outperform) - price target 34.20 (44.40) EUR

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