ShareCast News - Broker Recommendations
Tuesday broker round-up UPDATE
Antofagasta: Canaccord Genuity reduces target price from 1065p to 1040p, while leaving its hold recommendation unchanged.[Tue 07:12]
Broker tips: easyJet, Next, FirstGroup
Budget airline easyJet was flying high on Monday morning after Citigroup lifted its target price and kept its 'buy' rating for the stock following last week's first-half results.[Mon 10:56]
Broker snap: Nomura downgrades Next after strong run
Nomura has downgraded its rating for High Street giant Next from 'buy' to 'neutral' after the recent strong performance in the share price.[Mon 10:53]
Broker snap: FirstGroup results in line but outlook disappoints, says Jefferies
Jefferies has kept its 'hold' rating and 190p target price for transport firm FirstGroup, saying that while the full-year results on Monday were broadly in line with forecasts, the outlook statement was a little disappointing.[Mon 09:58]
Broker snap: Citigroup ups forecasts for easyJet
Budget airline easyJet was flying high on Monday morning after both Deutsche Bank and Citigroup lifted their target prices for the stock following last week's first-half results.[Mon 09:23]
Monday broker round-up UPDATE
Alent: Credit Suisse initiates with a target price of 430p and an outperform rating.[Mon 08:32]
Broker tips: Banks, Intertek, Direct Line
UBS has lifted its rating for the global banking sector from 'underweight' to 'overweight', saying that the operating environment is beginning to improve.[17 May '13]
Broker snap: Bank of America upgrades Direct Line to 'buy'
Bank of America Merrill Lynch (BofA) has raised its rating for Direct Line Insurance Group (DLG) from 'neutral' to 'buy', saying it is now its most preferred stock in the property and casualty (P&C) insurance sub-sector.[17 May '13]
Broker snap: UBS upgrades banks to 'overweight' as conditions improve
UBS has lifted its rating for the global banking sector from 'underweight' to 'overweight', saying that the operating environment is beginning to improve.[17 May '13]
Broker snap: Margin guidance disappoints at Intertek, says Jefferies
Jefferies has maintained its 'underperform' rating and 2,900p target price for product testing group Intertek after the company disappointed with weak guidance for margins this year.[17 May '13]
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