Business & Development
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Deutsche Bank initiates coverage of European clothing sector
Deutsche Bank initiated coverage on the European clothing sector on Wednesday, with a preference for “growth companies which have adapted to changing…
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Broker tips: MS, Coats, NCC Group
Berenberg lifted its price target on Marks & Spencer to 200.0p from 195.0p on Tuesday, as it highlighted a “strong” reopening recovery.…
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Canaccord Genuity downgrades NCC Group to ‘hold’
Analysts at Canaccord Genuity downgraded IT security firm NCC Group from ‘buy’ to ‘hold’ on Tuesday, citing valuation. Canaccord, which did move…
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Jefferies starts Coats at ‘buy’ thanks to focus on sustainability
Analysts at Jefferies started coverage of Coats at buy telling clients that the company’s “attractive” suite of sustainable products should see it…
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Retail sales grow at fastest pace since December 2014 – CBI
UK retail sales grew in August at the fastest pace since December 2014, according to the latest survey from the Confederation of…
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Berenberg lifts M&S price target, cites ‘strong’ reopening recovery
Berenberg lifted its price target on Marks & Spencer to 200p from 195p on Tuesday, as it highlighted a “strong” reopening recovery.…
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Berenberg says ‘buy’ energy, highlights Shell
Strategists at Berenberg recommended clients buy energy stocks, pointing to their attractions as ‘value’ plays, “strong” balance sheets and surplus free cash…
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ShoreCap stays at ‘buy’ on Sainsbury, says report of potential bid interest ‘flaky’
Analysts at ShoreCap stood by their buy recommendation for shares of Sainsbury given the improved strategic economic outlook for the industry. In…
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JPMorgan upgrades Pearson, says shares oversold
JPMorgan Cazenove upgraded its stance on education publisher Pearson to ‘overweight’ from ‘neutral’ on Monday, lifting the price target to 960p from…
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JPMorgan upgrades Pearson, says shares have oversold
JPMorgan Cazenove upgraded its stance on education publisher Pearson to ‘overweight’ from ‘neutral’ on Monday, lifting the price target to 960p from…
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