Broker Tips
Broker tips: Hargreaves Lansdown, Sirius Minerals
Hargreaves Lansdown was under pressure on Tuesday after Credit Suisse initiated coverage of the stock at ‘underperform’ with a 1,740p price target as it launched coverage of the European diversified financials sector.
Berenberg slashes target price on Sirius Minerals as funding woes continue
Analysts at Berenberg slashed their price target on fertilizer development company Sirius Minerals from 17p all the way down to 4p on Tuesday, citing increased uncertainties regarding the firm's finances.
Tuesday broker round-up
Carnival: Barclays downgrades to equal weight with a target price of 3,800p.
Credit Suisse starts Hargreaves Lansdown at 'underperform'
Hargreaves Lansdown was under pressure on Tuesday after Credit Suisse initiated coverage of the stock at ‘underperform’ with a 1,740p price target as it launched coverage of the European diversified financials sector.
Merrill sees rally in European shares, cyclicals to outperform defensives
Bank of America Merrill Lynch said on Tuesday that European cyclicals should outperform defensive stocks, as it initiated coverage of the airline sector in its latest strategy note.