LONDON BROKER RATINGS: Berenberg and RBC cut Beazley

(Alliance News) - The following London-listed shares received analyst recommendations on Tuesday morning and on Monday:

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FTSE 100

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UBS raises HSBC price target to 1,404 (1,309) pence - 'neutral'

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Jefferies cuts London Stock Exchange price target to 11,000 (11,500) pence - 'buy'

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Morgan Stanley raises National Grid price target to 1,525 (1,400) pence - 'overweight'

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Goldman Sachs raises National Grid price target to 1,450 (1,254) pence - 'buy'

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Morgan Stanley cuts Centrica to 'equal-weight' - price target 215 pence

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Berenberg cuts Beazley to 'hold' (buy) - price target 1,310 (1,100) pence

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RBC cuts Beazley to 'sector perform' - price target 1,300 (1,100) pence

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Barclays cuts easyJet price target to 680 (700) pence - 'overweight'

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Barclays raises Smith & Nephew target to 1,305 (1,290) pence - 'equal weight'

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JPMorgan cuts Hikma Pharmaceuticals target to 2,000 (2,400) pence - 'overweight'

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UBS cuts Pearson price target to 1,300 (1,460) pence - 'buy'

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FTSE 250

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UBS cuts Tate & Lyle price target to 390 (400) pence - 'neutral'

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Berenberg raises Keller price target to 2,350 (2,100) pence - 'buy'

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RBC raises Keller price target to 2,050 (1,540) pence - 'sector perform'

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Berenberg raises Inchcape price target to 1,170 (1,120) pence - 'buy'

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Morgan Stanley cuts Drax to 'equal-weight' - price target 950 pence

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Barclays cuts Wizz Air price target to 1,400 (1,600) pence - 'overweight'

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UBS raises AJ Bell to 'buy' - price target 520 pence

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UBS raises IG to 'buy' - price target 1,600 pence

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SMALL CAP

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Citigroup cuts Greatland Resources to 'neutral' (buy) - target 780 (816) pence

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Berenberg cuts Macfarlane to 'hold' (buy) - price target 82 (90) pence

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Morgan Stanley cuts Glanbia to 'equal-weight' - price target 18.20 EUR

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HSBC Holdings

London Stock Exchange

National Grid

Centrica

Beazley

easyJet

Smith & Nephew

Hikma Pharmaceuticals

Pearson

Tate & Lyle

Keller

Inchcape

Drax

Wizz Air

AJ Bell

IG

Greatland Resources

Macfarlane Grp.

Glanbia