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

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BASIC RESOURCES

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Morgan Stanley raises Brenntag price target to 88 (86) EUR - 'equal-weight'

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CONSUMER DISCRETIONARY

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RBC cuts Tesla price target to 293 (294) USD - 'outperform'

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UBS cuts Tesla price target to 147 (160) USD - 'neutral'

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Morgan Stanley raises easyJet price target to 715 (705) pence - 'overweight'

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Morgan Stanley cuts Deutsche Lufthansa price target to 8.70 (8.90) EUR - 'equal-weight'

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Stifel raises Adidas to 'buy' (hold) - price target 250 (150) EUR

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Deutsche Bank Research cuts Kering price target to 460 (540) EUR - 'buy'

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Goldman Sachs cuts Kering price target to 310 (372) EUR - 'neutral'

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JPMorgan cuts Kering price target to 350 (400) EUR - 'neutral'

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UBS cuts Kering price target to 415 (460) EUR - 'buy'

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Jefferies cuts Kering price target to 360 (370) EUR - 'hold'

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RBC cuts Kering price target to 430 (440) EUR - 'outperform'

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Jefferies raises L'Oreal price target to 362 (355) EUR - 'underperform'

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CONSUMER STAPLES

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DZ Bank raises fair value for PepsiCo to 186 (185) USD - 'buy'

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Jefferies raises AB Foods price target to 2,600 (2,500) pence - 'hold'

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Barclays raises AB Foods price target to 2,700 (2,400) pence - 'equal weight'

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HSBC cuts Ocado price target to 285 (370) pence - 'reduce'

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FINANCIALS

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Warburg Research raises Commerzbank price target to 17.00 (16.40) EUR - 'buy'

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Citigroup cuts UBS to 'neutral' (buy) - price target 27 (28) CHF

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Citigroup cuts Deutsche Boerse price target to 184 (188) EUR - 'neutral'

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Barclays raises Unipol price target to 9.40 (7.30) EUR - 'overweight'

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UBS raises Intesa Sanpaolo price target to 4.20 (4.05) EUR - 'buy'

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RBC raises Munich Re price target to 464 (455) EUR - 'sector perform'

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HEALTH CARE

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RBC raises Recordati price target to 50.50 (46.50) EUR - 'sector perform'

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UBS raises Novartis price target to 108 (104) CHF - 'buy'

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DZ Bank raises fair value for Novartis to 103 (102) CHF - 'buy'

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Bank of America raises Novartis price target to 118 (109) CHF - 'buy'

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JPMorgan raises Novartis price target to 95 (90) CHF - 'neutral'

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DZ Bank cuts fair value for Sartorius to 210 (230) EUR - 'sell'

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Berenberg cuts Sartorius price target to 330 (346) EUR - 'buy'

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Warburg Research raises Fresenius SE price target to 41 (40) EUR - 'buy'

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INDUSTRIALS

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Warburg Research raises Fraport price target to 64 (61) EUR - 'buy'

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Bank of America raises United Parcel Service price target to 160 (157) USD - 'neutral'

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TECHNOLOGY

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LBBW raises SAP to 'buy' (hold) - price target 195 (165) EUR

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Metzler raises SAP price target to 194 (173) EUR - 'buy'

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Baader Bank raises SAP price target to 195 (175) EUR - 'add'

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Berenberg raises SAP price target to 195 (190) EUR - 'buy'

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HSBC raises SAP price target to 200 (180) EUR - 'buy'

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Deutsche Bank Research raises SAP price target to 208 (200) EUR - 'buy'

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Goldman Sachs raises SAP price target to 225 (210) EUR - 'buy'

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DZ Bank raises fair value for SAP to 158 (145) EUR - 'hold'

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Deutsche Bank Research raises United Internet price target to 25 (23) EUR - 'buy'

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TELECOMMUNICATIONS

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Deutsche Bank raises Deutsche Telekom price target to 30.60 (30.00) EUR - 'buy'

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UTILITIES

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Kepler Cheuvreux cuts Siemens Energy to 'hold' (buy)

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