LONDON BROKER RATINGS: HSBC cuts Hiscox; Davy raises On The Beach

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

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FTSE 100

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Jefferies raises Smurfit Kappa price target to 3750 (3700) pence - 'buy'

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FTSE 250

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Barclays raises Safestore price target to 11,00 (10,00) pence - 'overweight'

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Barclays cuts Future price target to 1,915 (1,920) pence - 'overweight'

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HSBC cuts Hiscox to 'hold' (buy) - price target 1,250 (1,150) pence

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Jefferies raises Tate & Lyle price target to 810 (800) pence - 'hold'

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RBC raises FirstGroup price target to 165 (160) pence - 'outperform'

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SMALL CAP

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Davy raises On The Beach group to 'outperform'

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Berenberg starts Ashtead Technology with 'buy' - price target 405 pence

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Barclays starts Ithaca Energy with 'underweight' - price target 140 pence

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JPMorgan cuts Alphawave IP price target to 220 (260) pence - 'overweight'

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