Nomura has today cut its ratings on UK banking peers Lloyds and Royal Bank of Scotland (RBS) from neutral to reduce, saying that the recent strong recovery in the sector should be seen as a selling opportunity."Both groups are banking sector restructuring stories and therefore geared to market risk appetite, and we regard the current sector rally as a selling opportunity in what are likely to be drawn-out recovery projects in both cases," Nomura said. The broker believes that the two firms are likely to see downgrades to results in both their core operations and in the costs of exiting the non-core.RBS's price target is cut from 34p to 26p, while Lloyds is cut from 40p to 35p.Separately, the broker downgraded its rating for Barclays from buy to neutral but left the target price at 268p.Following the sale of Old Mutual's Nordic businesses, UBS has raised its target price for the savings and investment group and reiterated its buy rating.UBS says the Nordic deal "unlocks value and positions the business for further consolidation and simplification." The sale on its own adds around 5% to UBS's sum-of-the-parts (SOTP) valuation for Old Mutual while the £1bn in special dividends (announced two weeks ago) adds a further 3%. The SOTP-based price target price is upped by 5% from 180p to 190p."The resultant structure of the group and hard currency debt cover positions the business for further rationalisation, either in the form of a disposal/spin-off of the Nedbank stake, a spin-off of the SA operations, or even a complete break-up of the group, any of which we estimate would unlock significant portions of our additional "blue sky" value of 24p (c14%)," the broker said.Peel Hunt has reiterated its buy recommendation for film and TV content distributor Entertainment One despite the firm confirming that it is no longer for sale."We are surprised by this development, given the strong momentum that has been built in the TV and Family businesses, but clearly the market will be disappointed by the news," said Peel Hunt analyst Patrick Yau.Nevertheless, the broker remains positive saying that the group's underlying fundamentals should be viewed as a buying opportunity for longer-term investors.The target price is left at 226p.BC