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Broker Tips
17 May
Broker tips: Thomas Cook, Rio Tinto, Anglo American, BHP

Thomas Cook was under the cosh again on Friday a day after its shares tumbled on the back of a profit warning, as Citi downgraded it to 'sell' from 'neutral', arguing that the stock is basically worthless.

17 May
rio tinto
Liberum double-upgrades miners after 'stark change' in iron ore price forecasts

Analysts at Liberum took a fresh look at the mining sector on Friday, double-upgrading the likes of Rio Tinto, Anglo American and BHP to 'buy' as they outlined a "stark change" in their near-term forecasts for iron ore prices.

17 May
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Thomas Cook tumbles again as Citi says shares are worthless

Thomas Cook was under the cosh again on Friday a day after its shares tumbled on the back of a profit warning, as Citi downgraded it to 'sell' from 'neutral', arguing that the stock is basically worthless.

17 May
Bank of america
BofA cuts 2020 UK GDP forecast on prolonged Brexit uncertainty, US-China trade war

Economists at Bank of America-Merrill Lynch cut their forecasts for the rate of growth in Britain's economy for this year and next, predicting that the uncertainty around Brexit will last for longer and that the US-China trade war will escalate.

17 May
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Friday broker round-up

Thomas Cook: Citigroup downgrades to sell with a target price of 28p.