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(Alliance News) - The following London-listed shares received analyst recommendations late Wednesday and on Thursday morning:----------FTSE 100----------CFRA RAISES BURBERRY GROUP PRICE TARGET TO 2400 (1800) PENCE - 'HOLD'----------MORGAN STANLEY CUTS WPP PRICE TARGET TO 1025 (1060) PENCE - 'EQUAL-WEIGHT'----------DEUTSCHE BANK CUTS RIO TINTO PRICE TARGET TO 5100 (5200) PENCE - 'HOLD'----------ODDO BHF CUTS BHP GROUP TO 'NEUTRAL' ('BUY') - TARGET 2000 PENCE----------JPMORGAN CUTS BHP GROUP PRICE TARGET TO 2000 (2070) PENCE - 'NEUTRAL'----------HSBC CUTS BHP GROUP PRICE TARGET TO 1995 (2000) PENCE - 'HOLD'----------DZ BANK RAISES FAIR VALUE FOR BHP GROUP TO 1890 (1740) PENCE - 'HOLD'----------JPMORGAN RAISES INFORMA PRICE TARGET TO 855 (811) PENCE - 'NEUTRAL'----------HSBC CUTS ST JAMES'S PLACE PRICE TARGET TO 1350 (1380) PENCE - 'BUY'----------MACQUARIE RAISES VODAFONE TO 'OUTPERFORM' (UNDERPERFORM)----------RBC CUTS INTERCONTINENTAL HOTELS TO 'UNDERPERFORM' ('SECTOR PERFORM'); TARGET 4500 (4737) PENCE----------DEUTSCHE BANK RAISES LSE PRICE TARGET TO 5200 (5000) PENCE - 'HOLD'----------FTSE 250----------PEEL HUNT CUTS GREGGS TO 'REDUCE' ('HOLD')----------JPMORGAN RAISES AVAST PRICE TARGET TO 340 (310) PENCE - 'NEUTRAL'----------OTHER MAIN MARKET AND AIM----------HSBC RAISES BIFFA PRICE TARGET TO 290 (280) PENCE - 'BUY'----------DEUTSCHE BANK RAISES FEVERTREE DRINKS TO 'BUY' ('HOLD') - TARGET 2900 (2800) PENCE----------BERENBERG RAISES CVS GROUP TO 'BUY' ('HOLD') - TARGET 1000 (550) PENCE----------
12 Jan 2024 08:16
Burberry shares hit lowest since 2020, luxury stocks sag
LONDON, Jan 12 (Reuters) - Shares in British luxury group Burberry fell as much as 14% in early trade on Friday after the company downgraded its guidance, citing a slowdown in luxury demand.
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