** 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.


Shares in Aveva have continued their rise this week as City rumours about a potential US takeover have bubbled to the surface after almost a year lyin...


Supergroup topped the risers after it claimed it was confident to meet its full-year guidance, on the back of an increase in sales in the fourth quart...


Tullow Oil: Deutsche Bank reiterates hold and keeps target price at 370p. Tesco: Citi reiterates neutral and 235 target price. BHP Billiton: Barclays...


Stocks rebounded on Monday after as measures by policymakers in China to boost bank lending helped to repair sentiment after recent losses, despite on...


Oilfield services outfit Petrofac dropped after saying it expects to recognise a further loss of $195m in 2015 for the Laggan-Tormore gas plant projec...


Stimulus measures to spur bank lending in China gave UK stock markets a boost on Monday morning, with mining shares leading the charge after a sell-of...