LONDON (Alliance News) - The following shares received analyst recommendations Tuesday morning and Monday:
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FTSE 100
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Berenberg Initiates Worldpay Group With Buy, Target At 327p
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Numis Cuts Provident Financial Target To 2,285p From 2,641p, Keeps Sell
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Deutsche Bank Cuts Whitbread Target To 5,128p From 5,435p, Keeps Buy
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UBS CUTS SKY PRICE TARGET TO 1300 (1350) PENCE - 'BUY'
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BERENBERG RAISES PEARSON PRICE TARGET TO 730 (620) PENCE - 'SELL'
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FTSE 250
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Numis Downgrades N Brown Group To Hold From Add, Target At 280p
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LIBERUM CUTS COBHAM PRICE TARGET TO 204 (270) PENCE - 'BUY'
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UBS RAISES ZOOPLA PROPERTY PRICE TARGET TO 315 (260) PENCE - 'NEUTRAL'
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GOLDMAN RAISES JD WETHERSPOON PRICE TARGET TO 555 (550) PENCE - 'SELL'
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EXANE BNP CUTS MAN GROUP PRICE TARGET TO 165 (185) PENCE - 'OUTPERFORM'
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EXANE BNP RAISES WEIR GROUP TO 'OUTPERFORM' ('NEUTRAL') - TP 1400 (865) PENCE
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MAIN MARKET AND AIM
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TRADERS: CITIGROUP RAISES FOXTONS TO 'NEUTRAL' ('SELL')
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JEFFERIES RAISES GEORGIA HEALTHCARE GROUP TARGET TO 280 (220) PENCE - 'BUY'
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By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun
Copyright 2016 Alliance News Limited. All Rights Reserved.
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Sunday newspaper round-up: Saudi oil output, Asos, 35-year mortgages
(Sharecast News) - Saudi unveiled plans at the weekend to reduce its oil output by 1m barrels per day in a surprise unilateral decision. The move was to take effect from July. The decision came as Secretary of State, Anthony Blinken, was due to travel to Saudi Arabia over the following week. It also followed a meeting between members marred by disagreements, although the Russian and UAE energy ministers denied talk of any split with Saudi. OPEC+ meanwhile did agree to prolong the voluntary cuts announced in April until the end of 2024. The cartel and its allies were to meet again in November and plans might change. - The Sunday Telegraph
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