Business & Development
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Broker tips: Antofagasta, Asos, BP
Analyst at RBC Capital Markets upgraded copper producer Antofagasta from ‘underperform’ to ‘sector perform’ on Friday, stating the copper market was moving…
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RBC upgrades Antofagasta to ‘sector perform’
Analyst at RBC Capital Markets upgraded copper producer Antofagasta from ‘underperform’ to ‘sector perform’ on Friday, stating the copper market was moving…
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Credit Suisse slashes Asos price target after profit warning
Credit Suisse slashed its price target on Asos on Friday to 4,680p from 6,050p as it trimmed its forecasts in line with…
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Berenberg raises target price on Rathbone Brothers
Analysts at Berenberg raised their target price on investment bank Rathbone Brothers from 2,100.0p to 2,170.0p on Friday after the firm’s third-quarter…
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Berenberg upgrades BP, Harbour Energy to ‘buy’
Berenberg upgrade its stance on a host of oil and gas stocks on Friday – including BP – as it argued that…
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Morgan Stanley third-quarter results beat expectations
Morgan Stanley’s third-quarter results beat expectations on Thursday as it posted record revenues for the investment banking business. Revenues for the quarter…
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Jefferies downgrades Johnson Matthey
Jefferies downgraded Johnson Matthey to ‘underperform’ from ‘buy’ on Thursday and cut the price target to 2,300p from 4,200p, saying it expects…
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Berenberg raises target price on SSE, cautious regarding potential break-up
Analysts at Berenberg raised their target price on utilities firm SSE from 1,300.0p to 1,690.0p on Thursday, citing more bullish long-term expectations…
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Broker tips: Informa, RHI Magnesita, Britvic, Johnson Matthey
UBS downgraded its stance on business intelligence and exhibitions group Informa on Wednesday to ‘sell’ from ‘neutral’, saying the travel recovery was…
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BofA Merrill Lynch ups M&S to ‘neutral’ after investor event
Bank of America Merrill Lynch upgraded Marks & Spencer to ‘neutral’ from ‘underperform’ on Wednesday following the retailer’s investor event last week.…
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