** 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.


LONDON (Alliance News) - AVEVA Group PLC on Monday said Paula Dowdy will join the board as an independent non-executive director on Friday next week.T...


LONDON (Alliance News) - Aveva Group PLC said Friday that Non-Executive Director Jennifer Allerton bought 4,300 shares in the company.On Thursday, All...


LONDON (Alliance News) - The following is a summary of director dealings reported in London on Thursday.----------AVEVA Group said Deputy Chief Financ...


LONDON (Alliance News) - AVEVA Group PLC on Thursday said Deputy Chief Financial Officer David Ward purchased shares in the information technology com...


(Sharecast News) - Coats: RBC Capital Markets initiates at outperform with a target price of 110p.


LONDON (Alliance News) - AVEVA Group PLC said on Tuesday it swung to an interim loss on amortisation costs, but its Schneider Electric combination boo...


(Sharecast News) - Aveva Group announced its interim results for the six months ended 30 September on Tuesday, reporting that on a pro forma basis, re...


(Sharecast News) - Hastings: Numis upgrades to buy with a target price of 295p.