** 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.


PARIS, Aug 24 (Reuters) - French industrial conglomerate Schneider is considering buying out minority shareholders in software company AVEVA, it sai...


(Sharecast News) - Aveva recommended to its shareholders that they take no action following Schneider Electric's confirmation that it was mulling a po...


(Alliance News) - Aveva Group PLC on Wednesday said it is yet to receive an approach from Schneider Electric SE after the energy management and automa...


(Sharecast News) - Aveva surged on Wednesday after France's Schneider Electric said it was considering making a bid for the London-listed software com...


PARIS, Aug 24 (Reuters) - French company Schneider said it was considering making an offer to buy out the whole of software company AVEVA, confirmin...




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


(Alliance News) - Aveva Group PLC shares continued their recent downtrend on Thursday, as revenue declined in first quarter.