BHP Billiton: Credit Suisse reiterates underperform and 1,400p target, UBS stays at buy with 1,625p target. Experian: Nomura reiterates buy and nudges target higher to 1,265p from 1,230p, Exane BNP keeps at neutral with 1,200p target. Talk Talk: UBS hikes target to 350p from 300p and reiterates neu
Read moreNumis Securities has lowered its recommendation for budget airline Easyjet from 'buy' to 'add' on the back of "near-term uncertainty". The broker said the "underlying investment case remains intact" but cut earnings estimates, saying that revenue per seat growth expectations are being tempered. Ber
Read moreNumis Securities has lowered its recommendation for budget airline Easyjet from 'buy' to 'add' on the back of "near-term uncertainty". Easyjet's share price dropped nearly 10% on Tuesday after the company disappointed with a cautious outlook, saying air traffic control strikes in France and currency
Read moreUK stocks suffered steep declines on Tuesday as volatility in sovereign debt markets and ongoing fears about Greece sent shares 1.4% lower, with Easyjet leading the fallers on a cautious outlook. The FTSE 100 finished the session down 96.05 points, or 1.37%, at 6,933.80, though the index did finish
Read moreBudget airline Easyjet led fallers despite meeting guidance and swinging to a small profit in the first half, warning it is likely to face tougher conditions in the latter part of the year. The company saw its shares sink after saying that exchange-rate movements and air traffic control strikes in F
Read moreHSBC: Macquarie downgrades to underperform and lowers target to 520p from 600p. StanChart: Macquarie downgrades to underperform and lowers target to 850p from 950p. easyJet: Panmure Gordon reiterates buy with 2,000p target, Numis stays at buy with 2,100p target. Mitchells&Butlers: JP Morgan Cazeno
Read moreUK stocks dropped sharply on Tuesday as a sell-off on sovereign debt markets and ongoing fears about Greece's finances hammered sentiment. The FTSE 100 was down 1.63% at 6,915.17 by midday, with Easyjet leading the decline with a 10% share-price fall following its interim results. The Footsie hit a
Read moreEasyjet's share price dropped back down to earth on Tuesday after the budget airline delivered a cautious outlook, with the market consensus stance on the stock as a 'buy' likely to come under pressure. "Given that the shares have risen 19% over the last six months alone, as compared to a 6% hike fo
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