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JPMorgan Cazenove downgraded Mothercare to ‘underweight’ from ‘neutral’ and slashed the price target to 40p from 82p on weak UK trading following the retailer’s profit warning on Monday.
Investec on Tuesday reiterated its 'buy' recommendation for Majestic Wines, saying 2018 was “increasingly becoming an inflexion point”, as the company reported Christmas trading figures.
Numis said it was upgrading its target share price on student accommodation provider Unite Group by 14% to 892p after the company reported strong final quarter fund valuations.
