GLOBAL BROKER RATINGS: BofA cuts Avis Budget, JPMorgan lowers Alcon

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

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BASIC RESOURCES

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Exane BNP cuts K+S to 'underperform' - price target 8.50 EUR

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Barclays cuts Antofagasta price target to 2,178 (2,200) pence - 'equal weight'

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CONSUMER DISCRETIONARY

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BofA cuts Avis Budget to 'underperform' (buy) - price target 113 (120) USD

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Kepler Cheuvreux cuts Stroer price target to 62 (71) EUR - 'buy'

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Kepler Cheuvreux cuts HelloFresh price target to 10.50 (11) EUR - 'buy'

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JPMorgan cuts Trainline price target to 320 (325) pence - 'neutral'

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CONSUMER STAPLES

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UBS raises Pernod Ricard price target to 100 (92) EUR - 'neutral'

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Evercore ISI cuts Coty price target to 7 (10) USD - 'outperform'

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FINANCIALS

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Keefe Bruyette & Woods cuts BNP Paribas to 'underperform' - price target 89 EUR

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RBC raises Admiral price target to 4,100 (3,800) pence - 'outperform'

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Keefe Bruyette & Woods cuts Credit Agricole to 'underperform' - price target 18 EUR

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RBC raises Brooks Macdonald price target to 1,750 (1,650) pence - 'sector perform'

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Barclays cuts Nordea Bank to 'underweight' (equal weight) - price target 11.80 (13.30) EUR

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Peel Hunt cuts Lancashire Holdings to 'hold' (add) - price target 645 (630) pence

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RBC cuts NextEnergy Solar Fund price target to 85 (90) pence - 'outperform'

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HEALTH CARE

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Deutsche Bank raises Novartis price target to 120 (115) CHF - 'buy'

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JPMorgan cuts Alcon to 'neutral' (overweight) - price target 62.80 (94.70) CHF

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Oddo BHF raises Stratec to 'outperform' - price target 36.40 EUR

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Berenberg cuts Carl Zeiss Meditec price target to 47 (65) EUR - 'hold'

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RBC cuts Carl Zeiss Meditec price target to 47 (60) EUR - 'sector perform'

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RBC raises ConvaTec to 'outperform' (sector perform) - price target 315 (320) pence

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INDUSTRIALS

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Bernstein raises Safran to 'outperform' - price target 370 EUR

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Oddo BHF raises Kion price target to 61 (46) EUR - 'neutral'

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JPMorgan raises Leonardo price target to 55.50 (47.50) EUR - 'overweight'

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Jefferies cuts International Workplace Group price target to 245 (250) pence - 'buy'

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Berenberg raises Costain price target to 175 (150) pence - 'buy'

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Deutsche Bank raises Costain price target to 150 (115) pence - 'hold'

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ENERGY

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BofA raises Ithaca Energy price target to 195 (170) pence - 'buy'

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TECHNOLOGY

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UBS raises Nvidia price target to 205 (175) USD - 'buy'

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LBBW raises Bechtle price target to 46.50 (44.00) EUR - 'buy'

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TELECOMMUNICATIONS

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JPMorgan raises Telecom Italia price target to 0.50 (0.48) EUR - 'neutral'

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UTILITIES

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RBC cuts RWE price target to 44.00 (45.50) EUR - 'outperform'

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