3 Jul 2015 10:12![Alliance News](https://static.lse.co.uk/images/news-logos/alliance-news-logo.png)
![Alliance News](https://static.lse.co.uk/images/news-logos/alliance-news-logo.png)
** British engineer Cobham rises 1.8 pct after upgrade to "overweight" from "neutral" by JP Morgan ** Broker looking to play mean reversion after heavy YTD underperformance ** Trades on fwd P/E of 11.8x v 15x for aerospace peer group ** Co among the top risers on FTSE 250 midcap
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