** Aveva bruised by Goldman Sachs downgrade to"sell", broker slashes its target price to 1,420p vs 1,950p.
** Stock down 3.4 pct & top faller on 0.2 pct firmer FTSE250 index.
** Goldman expects co's primary end market of oil & gas -about 50 pct of group sales - to experience prolonged multi-yearslowdown resulting in significant capex reductions.
** Aveva slide weighs on sector. Telecity, whichissued a trading update on Monday, slips 1.3 pct as investorslock in profits after strong run up which had left margin fordisappointment high.
** Citi highlights revenue growth at lower end of guidance,no improvement on margins over previous year, and lack ofreduction on original capex guidance.
** Analyst recommendations for Telecity still skewed to theupside as of last Friday; of 16 analysts that cover the stock,11 have "buy"/"strong buy" ratings, StarMine shows. (RM: tricia.wright1.thomsonreuters.com@reuters.net)


(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Friday.


June 11 (Reuters) - London's FTSE 100 index climbed on Thursday, supported by a recovery in financials stocks, though concerns lingered over the Ir...


(Alliance News) - The FTSE 100 closed higher on Thursday, despite ongoing tensions in the Middle East and an interest rate hike in Europe.


(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:


(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:


(Alliance News) - Lowered economic growth forecasts from the OECD damped the mood on Wednesday, but the FTSE 100 was one again spared severe losses du...


(Alliance News) - Stock prices in London were mostly lower at midday on Wednesday as investors continued to fret about inflation and slowing economic ...


(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:


(Alliance News) - Stock prices in London opened mostly lower on Wednesday, while Melrose Industries bucked the down trend by announcing a substantial ...


(Alliance News) - Aveva Group PLC on Wednesday said it swung to an annual loss on one-off costs and cautioned on slower growth going forward as the in...


(Alliance News) - Aveva on Wednesday said it delivered a "solid" set of results for financial 2022 as the industrial software provider recovered follo...