UK stocks dropped over one per cent to a three-month low on Monday as concerns about a potential Greek exit from the Eurozone hammered market sentiment. The FTSE 100 fell 1.1% to 6,710.52, with heavyweights Easyjet and Standard Chartered among the worst performers by the end of trade. Just four stoc
Read moreCitigroup downgraded Taylor Wimpey to 'sell' from 'neutral' on valuation grounds following a very strong run in the share price, as it raised the target price to 170p from 160p to reflect changes made to its valuation methodology. It noted that the share price is up 39% year-to-date and around 70% o
Read moreTesco: JP Morgan retains underweight, lowers price target to 175p from 185p. Amec Foster Wheeler: JP Morgan maintains overweight and 905p target. Bellway: JP Morgan raises target to 2,575p from 1,150p and reiterates overweight. Barratt Developments: JP Morgan lifts target to 650p from 550p and ove
Read moreCredit Suisse has maintained its 'outperform' rating for airline conglomerate IAG after its proposed €1.4bn acquisition of Irish carrier Aer Lingus received the green light from the Irish government. The bank said that it continues to see the acquisition as "strategically positive" for IAG, whose st
Read moreGoldman Sachs removed Taylor Wimpey from its Conviction List, but kept the stock at 'buy' with a 204p price target, following the strong share price performance mainly on the back of solid earnings growth. Since adding it to the Conviction List on 8 October 2013, the stock is up 87.2% versus the FTS
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