LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:
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FTSE 100
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SOCGEN CUTS GKN PRICE TARGET TO 400 (450) PENCE - 'BUY'
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UBS RAISES ROYAL MAIL TO 'NEUTRAL' ('SELL') - TARGET 400 (450) PENCE
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CITIGROUP RAISES RBS PRICE TARGET TO 350 (330) PENCE - 'SELL'
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NUMIS RAISES RBS PRICE TARGET TO 370 (368) PENCE - 'HOLD'
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FTSE 250
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EXANE BNP INITIATES ZOOPLA PROPERTY WITH 'NEUTRAL' - TARGET 240 PENCE
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GOLDMAN INITIATES ZOOPLA PROPERTY WITH 'NEUTRAL' - TARGET 242 PENCE
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GOLDMAN CUTS RIGHTMOVE PRICE TARGET TO 3327 (3474) PENCE - 'CONVICTION BUY LIST'
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EXANE BNP RAISES RIGHTMOVE PRICE TARGET TO 3000 (2900) PENCE - 'OUTPERFORM'
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SOCGEN RAISES ICAP PRICE TARGET TO 370 (360) PENCE - 'HOLD'
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JPMORGAN RAISES BALFOUR BEATTY TO 'NEUTRAL' ('UNDERWEIGHT') - TARGET 200 (220) PENCE
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JPMORGAN INITIATES SSP GROUP WITH 'OVERWEIGHT' - TARGET 300 PENCE
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MAIN MARKET AND AIM
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Cantor Fitzgerald Raises Victoria PT To 420p From 290p, Reiterates Buy
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By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun
Copyright 2014 Alliance News Limited. All Rights Reserved.
IN BRIEF: Victoria appoints Roberto Moreno as chief strategy officer
Victoria PLC - Kidderminster, England-headquartered designer, manufacturer and distributor of flooring - Last week Thursday, announces appointment of Roberto Moreno as chief strategy officer. Moreno has 16 years of experience in banking, investing, mergers & acquisitions and corporate value creation and has led Victoria's acquisition-based growth in North America, the company says. Chair Geoff Wilding says: "His leadership and expertise will play a crucial role in advancing our strategic initiatives and operational excellence projects - further solidifying our position as a leader in the global flooring industry."
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