Broker Recommendations
16 Oct
Tuesday broker round-up
Smith & Nephew: HSBC downgrades to hold with a target price of 1,400p.
16 Oct
Ocado offers 'creditable alternative to Amazon', BoAML upgrades
With Ocado shares down by a quarter over the past four month, Bank of America Merrill Lynch sees the online grocery specialist as "back in buying territory" and offering supermarkets a "unique" tool to combat Amazon.
16 Oct
JPMorgan downgrades Convatec after profit warning
JPMorgan downgraded medical equipment maker Convatec to 'neutral' from 'overweight' and cut the price target to 183p from 280p on Tuesday following the company's profit warning a day earlier and announcement of the chief executive's departure.