Broker Recommendations
Berenberg lowers target price on EasyJet
Analysts at Berenberg lowered their target price on low-cost carrier EasyJet from 800. 0p to 750. 0p on Thursday to account for weaker near-term performance as it braces for "a cold winter ahead".
Citi downgrades Drax on less attractive risk/reward
Citi downgraded its stance on Drax on Thursday to ‘neutral’ from ‘buy’ as it said the risk/reward was less attractive following a 50% share price rise over the last six months.
Barclays upgrades Dr Martens to 'overweight'
Barclays upgraded Dr Martens to ‘overweight’ from ‘equalweight’ on Wednesday, keeping the price target at 480p, as it argued that the iconic footwear company has an "attractive brand with many levers to drive revenue and EBITDA growth".
JPMorgan starts Tritax Big Box at 'overweight'
JPMorgan initiated coverage of Tritax Big Box at ‘overweight’ on Wednesday with a 265p price target as it noted the company has a significant landbank of development opportunities.
Berenberg raises target price on 'top pick' Future
Analysts at Berenberg raised their target price on media firm Future from 4,890. 0p to 5,225. 0p on Wednesday following the publication of the group's solid full-year results.