Broker Recommendations
Netflix gains improved rating form S&P on strong outlook
Netflix's high-yield bonds moved ahead on Thursday evening, after S&P Global Ratings revised its outlook on the Californian firm's credit, saying that a stronger-than-expected operating performance in 2017 had forced it to take another look.
Credit Suisse upgrades Lancashire to 'buy' but drops target price
Credit Suisse upgraded non-life insurer Lancashire Holdings to 'buy' from 'underperform', saying that despite its fourth-quarter pre-tax losses missing consensus expectations, the share price offered a better level of risk/return.
Berenberg upgrades BT to 'buy' but lowers target price
Analysts at Berenberg upgraded telecommunications giant BT Group from 'hold' to 'buy' on Friday, saying that improving clarity on key strategic issues and improving market confidence triggered the re-rating.
JPMorgan downgrades BAE Systems to 'underweight'
Defence giant BAE Systems was under the cosh on Friday as JPMorgan Cazenove downgraded the stock to ‘underweight’ from ‘neutral’ and trimmed the price target to 550p from 555p following the company’s full-year results a day earlier.