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Broker tips: Bakkavor, Accsys Technologies
Analysts at Berenberg lowered their target price on food manufacturing group Bakkavor from 110. 0p to 95. 0p on Tuesday, citing a lower earnings trajectory.
US open: Stocks lower following hotter-than-expected CPI reading
Wall Street stocks were sharply lower in the red early on Tuesday as market participants digested August's hotter-than-expected CPI reading and its potential implications for the Federal Reserve.
Canaccord Genuity lowers target price on Accsys Technologies
Analysts at Canaccord Genuity lowered their target price on wooden products retailer Accsys Technologies from 190. 0p to 150. 0p on Tuesday, citing delays to the group's new Tricoya plant.
US pre-open: Futures trade higher ahead of August CPI reading
Wall Street futures were in the green prior to the opening bell on Tuesday as market participants await the release of last month's all-important consumer price index.
Berenberg lowers target price on Bakkavor
Analysts at Berenberg lowered their target price on food manufacturing group Bakkavor from 110. 0p to 95. 0p on Tuesday, citing lower earnings trajectory.
Oxford Nanopore H1 revenues and profits surge
Molecular sensing technology outfit Oxford Nanopore Technologies said on Tuesday that both revenues and profits had surged in the six months ended 30 June, primarily driven by increased life science research tools revenues.
Trustpilot H1 constant currency revenues surge
Consumer reviews website operator Trustpilot said on Tuesday that constant currency revenues had shot up, keeping the group on track to deliver breakeven adjusted underlying earnings in the 2024 trading year.
JTC H1 revenues rise on strong performance from ICS division
Fund manager JTC revealed on Tuesday that both revenues and profits had grown in the six months ended 30 June, with the group's ICS division being the "star performer" throughout the period.
Fresnillo completes construction work related to electrical grid tie-in at Juanicipio
Silver producer Fresnillo has wrapped up all construction activities related to the final tie-in to the electrical grid at its Juanicipio mine, leaving all systems now ready to be energised.
Ocado forecasts small decline in FY sales, Future FY profits seen at top end of expectations
London pre-open The FTSE 100 was being called to open just 8. 3 points lower ahead of the bell on Tuesday after closing out the previous session 1. 66% higher at 7,473. 03.
Future FY adjusted operating profits seen at top end of expectations
Media company Future said on Tuesday that the "encouraging performance" detailed by the group in its June trading update had continued despite operating within a "challenging macro" environment.