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Broker Recommendations
23 Oct
teslamusk1
US auto market 'dominated by Tesla', says short-seller Citron

Tesla’s shares were boosted on Tuesday after short-seller Citron, a long-time critic of the electric car company, unexpectedly reversed its position on the stock from ‘short’ to ‘long’.

23 Oct
wpp group chief executive martin sorrell
Credit Suisse cuts WPP target price following string of account losses

Analysts at Credit Suisse lowered their target price on British advertising firm WPP on Tuesday as a result of lower than expected organic growth due to a recent speight of major account losses.

23 Oct
bank atms hsbc cash point
HSBC facing major slowdown of key Hong Kong business

HSBC's pivotal Hong Kong arm faces losing corporate and retail banking market share to 'virtual banks', Citigroup warned on Tuesday, with loan growth potentially falling off a cliff in the third quarter.

23 Oct
cybg, clydesdale
Barclays starts CYBG at 'underweight', says margin to disappoint

Barclays initiated coverage of CYBG at 'underweight' with a 280p price target on Tuesday as it said margins were likely to disappoint.

23 Oct
cybg, clydesdale
Tuesday broker round-up

CYBG: Barclays initiates underweight with a target price of 280p.