Analyst recommendations: Adobe, Dow, Meta, PayPal, Tesla...

Every morning, find a selection of analysts' recommendations covering North America and the UK. The list only includes companies that have been the subject of a change of opinion or price target, or of a new coverage. It may be updated during the session. This information can be used to shed light on movements in certain stocks or on market sentiment towards a company.

• Adobe Inc.: Phillip Securities maintains a reduce recommendation with a price target raised from 465 to USD 480.
• Ball Corporation: Wells Fargo maintains its equalweight recommendation and reduces the target price from USD 69 to USD 64.
• Citigroup Inc.: Goldman Sachs maintains its buy recommendation and raises the target price from USD 71 to USD 72. 
• Constellation Brands, Inc.: JP Morgan maintains its overweight rating and reduces the target price from USD 296 to USD 291.
• Dow Inc.: Jefferies remains at hold with a target price reduced from 60 to USD 55.
• Enphase Energy, Inc.: JP Morgan maintains its overweight rating and reduces the target price from 128 to USD 124.
• Freeport-Mcmoran Inc.: Citigroup remains neutral recommendation with a price target raised from USD 46 to USD 52.
• Linde Plc: Jefferies maintains its buy recommendation and raises the target price from USD 485 to USD 523.
• Meta Platforms, Inc.: KeyBanc Capital Markets maintains its overweight recommendation and raises the target price from USD 475 to USD 540.
• Nextera Energy: JP Morgan maintains its overweight recommendation and raises the target price from 76 to USD 90.
• Nike, Inc.: JP Morgan maintains its overweight recommendation and reduces the target price from 122 to USD 116.
• On Holding Ag: TD Cowen maintains its buy recommendation and raises the target price from USD 40 to USD 48.
• Paypal Holdings, Inc.: Zacks maintains a neutral recommendation with a price target reduced from USD 70 to USD 62.
• Southwest Airlines Co.: Redburn Atlantic maintains its sell recommendation with a price target raised from 24 to USD 25.
• Tesla, Inc.: RBC Capital maintains its outperform rating and reduces the target price from USD 293 to USD 227.
• Veralto Corporation: TD Cowen initiates a Hold recommendation with a target price of USD 95.
• Ssp Group Plc: Berenberg downgrades to hold from buy with a price target reduced from GBX 280 to GBX 180.
• Ivanhoe Mines Ltd.: Citigroup maintains its buy recommendation with a price target raised from 15 to CAD 24.