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GLOBAL BROKER RATINGS: Deutsche Bank cuts Starbucks, CFRA ups Logitech

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

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BASIC RESOURCES

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Metzler raises BASF price target to 52 (45) EUR - 'hold'

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Berenberg cuts Covestro price target to 50 (54) EUR - 'hold'

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HSBC raises Covestro price target to 48 (47) EUR - 'hold'

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CONSUMER DISCRETIONARY

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RBC cuts DoorDash price target to 165 (175) USD - 'outperform'

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Citigroup cuts Stellantis price target to 22 (23) EUR - 'neutral'

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Bryan Garnier raises Adidas price target to 215 (205) EUR - 'neutral'

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Metzler raises Adidas price target to 270 (231) EUR - 'buy'

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Barclays raises Adidas price target to 243 (231) EUR - 'overweight'

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Morgan Stanley raises Auto1 Group price target to 5 (4.60) EUR - 'equal-weight'

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Warburg Research cuts Mercedes-Benz Group price target to 93 (94) EUR - 'buy'

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Kepler Cheuvreux cuts Mercedes-Benz Group price target to 76 (77) EUR - 'hold'

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Oddo BHF cuts Deutsche Lufthansa price target to 7.50 (8) EUR - 'neutral'

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Goldman Sachs cuts Deutsche Lufthansa price target to 7.60 (8) EUR - 'neutral'

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Kepler Cheuvreux cuts Volkswagen prefs price target to 165 (170) EUR - 'buy'

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Deutsche Bank Research cuts Starbucks to 'hold' (buy) - price target 89 (108) USD

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Jefferies cuts Netflix price target to 655 (700) USD - 'buy'

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Bank of America raises Amazon.com price target to 210 (204) USD - 'buy'

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Bank of America raises McDonald's price target to 302 (293) USD - 'neutral'

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CONSUMER STAPLES

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HSBC raises Pernod Ricard to 'hold' - price target 137 EUR

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Goldman Sachs raises Coca-Cola HBC price target to 3,000 (2,900) pence - 'buy'

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Jefferies raises Unilever price target to 3,700 (3,400) pence - 'underperform'

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FINANCIALS

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Deutsche Bank Research starts St James's Place with 'hold' - price target 450 pence

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Deutsche Bank Research starts Schroders with 'hold' - price target 365 pence

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Deutsche Bank Research starts 3i Group with 'hold' - price target 2,647 pence

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Deutsche Bank starts Intermediate Capital Group with 'buy' - price target 2,450 pence

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Oddo BHF raises Deutsche Bank price target to 18 (16) EUR - 'outperform'

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UBS raises HSBC Holdings price target to 680 (630) pence - 'neutral'

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UBS raises Banco Santander price target to 6.20 (5.95) EUR - 'buy'

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HEALTH CARE

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Stifel raises GSK price target to 1,740 (1,615) pence - 'hold'

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JPMorgan raises GSK price target to 1,660 (1,530) pence - 'underweight'

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Barclays cuts Smith & Nephew price target to 1,190 (1,200) pence - 'equal weight'

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JPMorgan raises Smith & Nephew price target to 1,381 (1,300) pence - 'overweight'

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Barclays raises Haleon price target to 400 (383) pence - 'overweight'

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INDUSTRIALS

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Bank of America raises Thales to 'buy' (neutral) - price target 187 (161) EUR

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mwb research raises MTU Aero Engines price target to 252 (245) EUR - 'buy'

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Jefferies cuts MTU Aero Engines price target to 280 (290) EUR - 'buy'

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Berenberg raises MTU Aero Engines price target to 270 (250) EUR - 'buy'

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Baader Bank raises Jungheinrich price target to 39 (31) EUR - 'add'

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Berenberg raises ABB price target to 37 (35) CHF - 'hold'

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UBS raises ABB price target to 47 (43) CHF - 'neutral'

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JPMorgan raises 3M to 'overweight' (neutral) - price target 111 (110) USD

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TECHNOLOGY

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JPMorgan raises Qualcomm price target to 185 (170) USD - 'overweight'

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UBS raises Qualcomm price target to 175 (165) USD - 'neutral'

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Exane BNP starts IBM with 'underperform' - price target 145 USD

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Exane BNP starts Meta Platforms with 'underperform' - price target 360 USD

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JPMorgan cuts Logitech International to 'neutral' (overweight) - price target 85 (92) USD

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cfra raises Logitech International to 'buy'

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Jefferies raises The Trade Desk to 'buy' (hold) - price target 105 (95) USD

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Bank of America cuts Advanced Micro Devices price target to 185 (195) USD - 'buy'

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Bank of America cuts Infineon Technologies price target to 42 (46) EUR - 'buy'

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UTILITIES

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HSBC raises Iberdrola price target to 13.60 (13.50) EUR - 'buy'

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