Smiths Group: Charles Stanley downgrades to reduce while Nomura reiterates buy recommendation. Weir Group: Barclays reiterates equalweight and 1,700p target. Prudential: Barclays reiterates overweight and lifts target to 1,868p. Serco: Jefferies reiterates hold but trims target to 185p from 195p.
Read moreShares in Imagination Technologies dropped 12% to trade at 227p early Wednesday as investors expressed disappointment with the group's lull in licensing activity during the period from November 1 to March 17. Imagination, who provides graphics technology to Apple, described licensing activity as a "
Read more(Adds shares, analyst reaction) LONDON, March 18 (Reuters) - Imagination Technologies , which provides graphics technology to Apple has cut its outlook for licensing this year, saying activity had been a "little muted" since November, sending its shares down 14 percent. It had looked
Read moreLONDON, March 18 (Reuters) - Imagination Technologies , the company that provides graphics technology to Apple, said licensing activity had been a "little muted" since November, although its pipeline remained good and it saw its outcome in licensing at least the same as last year. "We curre
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