BROKER RATINGS SUMMARY: JPMorgan Cuts M&S To Underweight From Neutral

LONDON (Alliance News) - The following shares received analyst recommendations Friday morning and Thursday:
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FTSE 100
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JPMORGAN CUTS MARKS & SPENCER TO 'UNDERWEIGHT' ('NEUTRAL') - TARGET 307 (550) PENCE
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RBC CAPITAL RAISES ROYAL MAIL TARGET TO 540 (525) PENCE - 'SECTOR PERFORM'
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JEFFERIES RAISES ROYAL MAIL PRICE TARGET TO 400 (380) PENCE - 'UNDERPERFORM'
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KEPLER CHEUVREUX RAISES ARM HOLDINGS PRICE TARGET TO 1150 (1100) PENCE - 'BUY'
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Investec Cuts HSBC To Hold From Buy, Price Target 450p
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GOLDMAN CUTS J SAINSBURY TARGET TO 1770 (1778) PENCE - 'CONVICTION SELL LIST'
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BERENBERG CUTS WOLSELEY PRICE TARGET TO 4200 (4400) PENCE - 'BUY'
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FTSE 250
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RBC CAPITAL RAISES IG GROUP PRICE TARGET TO 815 (800) PENCE - 'SECTOR PERFORM'
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JEFFERIES RAISES RPC GROUP PRICE TARGET TO 950 (900) PENCE - 'BUY'
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PANMURE RAISES RPC GROUP PRICE TARGET TO 900 (870) PENCE - 'BUY'
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JEFFERIES CUTS DECHRA PHARMACEUTICALS TO 'HOLD' ('BUY') - TARGET 1099 (1140) PENCE
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HSBC RAISES CRANSWICK PRICE TARGET TO 2500 (2475) PENCE - 'BUY'
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MAIN MARKET AND AIM
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N+1 Cuts Goals To Hold From Buy, Price Target Under Review From 150p
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By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun

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