ANALYST RECOMMENDATIONS : BP, Conoco, Dovern Drax, Masco...

Each 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 a new coverage. It may be updated during the session. This information can be used to shed light on the movements of certain stocks or the market sentiment on a company.

• BP Plc: Goldman Sachs remains Buy with a price target reduced from £740 to £710.
• ConocoPhillips: Societe Generale raised its recommendation to hold from sell. PT down 1.2% to $105.
• Dover: Baptista Research initiated coverage with a recommendation of hold. PT set to $165.
• Drax: Jefferies remains Buy with a price target reduced from £800 to £700.
• J.B. Hunt: Baptista Research initiated coverage with a recommendation of hold. PT set to $187.40.
• Just Group: Jefferies remains Buy with a price target raised from £120 to £140.
• Masco: Baptista Research initiated coverage with a recommendation of hold. PT set to $51.40.
• On Holding: Baird downgrades to neutral from outperform. PT up 1.5% to $33.
• Pegasystems: Baptista Research initiated coverage with a recommendation of hold. PT up 10% to $52.50.
• United Community Banks: Stephens reinstated coverage with a recommendation of overweight. PT set to $34, a 23% increase from last price.