LONDON BROKER RATINGS: JPMorgan sees negative catalysts for Ocado

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

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FTSE 100

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UBS raises Next price target to 6,850 (6,550) pence - 'neutral'

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Deutsche Bank raises Next price target to 6,400 (6,100) pence - 'hold'

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Goldman Sachs raises Next price target to 7,750 (7,550) pence - 'neutral'

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Credit Suisse raises Next price target to 6,500 (6,150) pence - 'underperform'

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JPMorgan raises Next price target to 7,000 (6,500) pence - 'neutral'

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JPMorgan cuts Ocado price target to 400 (450) pence - 'underweight'

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JPMorgan places Ocado on 'negative catalyst watch'

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RBC raises Associated British Foods price target to 2,300 (2,250) pence - 'outperform'

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Berenberg raises B&M European Value Retail price target to 640 (525) pence - 'buy'

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JPMorgan cuts Diageo price target to 4,000 (4,500) pence - 'overweight'

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Deutsche Bank cuts BT Group price target to 145 (150) pence - 'hold'

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FTSE 250

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Redburn starts Hays with 'buy'

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UBS cuts Travis Perkins price target to 895 (1,010) pence - 'neutral'

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SMALL CAP

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Berenberg cuts Focusrite price target to 700 (1,100) pence - 'buy'

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Barclays raises Tullow Oil price target to 53 (49) pence - 'overweight'

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