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(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:----------FTSE 100----------UBS RAISES RECKITT BENCKISER PRICE TARGET TO 6600 (6400) PENCE - 'NEUTRAL'----------UBS RAISES UNILEVER PLC PRICE TARGET TO 4800 (4400) PENCE - 'NEUTRAL'----------BERENBERG RAISES JD SPORTS FASHION PRICE TARGET TO 700 (690) PENCE - 'BUY'----------BERNSTEIN CUTS IAG TO 'MARKET-PERFORM' (OUTPERFORM) - PRICE TARGET 520 (750) PENCE----------BERENBERG CUTS CARNIVAL PLC TO 'HOLD' ('BUY') - TARGET 3800 (4600) PENCE----------JPMORGAN RAISES BURBERRY GROUP PRICE TARGET TO 1850 (1820) PENCE - 'NEUTRAL'----------RBC CUTS MARKS & SPENCER PRICE TARGET TO 225 (250) PENCE - 'SECTOR PERFORM'----------FTSE 250----------MORGAN STANLEY CUTS DIXONS CARPHONE TARGET TO 220 (240) PENCE - 'OVERWEIGHT'----------BARCLAYS INITIATES JOHN LAING GROUP WITH 'EQUAL WEIGHT' - TARGET 430 PENCE----------DEUTSCHE BANK CUTS STAGECOACH PRICE TARGET TO 155 (170) PENCE - 'BUY'----------JEFFERIES RAISES CYBG PRICE TARGET TO 341 (285) PENCE - 'BUY'----------BERENBERG RAISES MERLIN ENTERTAINMENTS TO 'HOLD' ('SELL') - TARGET 435 (315) PENCE----------LIBERUM RAISES MERLIN ENTERTAINMENTS PRICE TARGET TO 455 (360) PENCE - 'HOLD'----------RBC CUTS MERLIN ENTERTAINMENTS TO 'SECTOR PERFORM' ('OUTPERFORM') - TARGET 455 (375) PENCE----------MORGAN STANLEY CUTS MERLIN ENTERTAINMENTS TO 'EQUAL-WEIGHT' ('OVERWEIGHT') - TARGET 460 PENCE----------OTHER MAIN MARKET AND AIM----------MACQUARIE INITIATES BOOHOO WITH 'OUTPERFORM' - TARGET 315 PENCE----------LIBERUM CUTS COSTAIN GROUP PRICE TARGET TO 350 (545) PENCE - 'BUY'----------LIBERUM INITIATES CERES POWER WITH 'BUY' - TARGET 300 PENCE----------BERENBERG CUTS CRANEWARE PRICE TARGET TO 2500 (3600) PENCE - 'BUY'----------UBS INITIATES SPIRE HEALTHCARE WITH 'NEUTRAL' - TARGET 120 PENCE----------LIBERUM RAISES AB DYNAMICS PRICE TARGET TO 2750 (2625) PENCE - 'BUY'----------UBS RAISES KERRY GROUP PRICE TARGET TO 116 (111) EUR - 'BUY'----------
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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