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BRIEF-RESEARCH ALERT-JP Morgan ups Pennon to neutral
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BRIEF-RESEARCH ALERT-JP Morgan ups Pennon to neutral, cuts United Utilities

Tue, 30th Jun 2009 06:33




June 30 (Reuters) -

* JP Morgan raises Pennon Group Plc to neutral from underweight

* JP Morgan cuts United Utilities Group Plc to neutral from overweight

* JP Morgan cuts Severn Trent Plc price target to 1,040P from 1,490P;

rating underweight



(Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780)

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Related Shares: Pennon Group (PNN), Severn Trent (SVT).


Next Article: UK at a Glance-UK Stocks -- Factors to watch on June 30

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