Broker Tips
Shore Capital downgrades Sophos to 'hold'
Analysts at Shore Capital downgraded IT security outfit Sophos to 'hold' on Tuesday, stating that the leap in billings seen a year ago looked more likely to be a limp this time around.
Morgan Stanley downgrades European O&G, stays 'overweight' BP
Analysts at Morgan Stanley on Tuesday downgraded their recommendation on the European Oil & Gas sector, arguing that the favourable tailwinds which had helped compress its relative dividend yield back to its historical norms had now largely passed.
Broker tips: Pennon Group, Sophos
Pennon Group shares now look fair value, said Deutsche Bank on Tuesday, as it downgraded its stance on the stock to 'hold' from 'buy'.
Apple iPhone cuts leads Goldman to slash target price
After some Apple suppliers cut their guidance due to much-reduced shipments, Goldman Sachs slashed its target price for the iPhone maker.
Pennon looks fair value, says Deutsche Bank
Pennon Group shares now look fair value, said Deutsche Bank on Tuesday, as it downgraded its stance on the stock to 'hold' from 'buy'.