BEST OF THE BROKERS

first_img Tags: NULL Share ANGLO AMERICANMorgan Stanley downgrades Anglo American to “equalweight” from “overweight” and lowers its price target to 3,208p. Believes all the positives have been priced into the shares, which are trading at at a 10 to 15 per cent premium to the sector. Believes that investors should switch into Xstrata which it rates as “overweight”.INTERNATIONAL POWERUBS upgrades International Power to “Buy” post its deal with GDF Suez which it sees as a “win-win”. Says shareholders will get immediate share price upside as well as improved long-term growth. Sees little risk of the deal failing, and says IPR is now well positioned for future growth. Ups target to 410p from 320p.BARCLAYSSeymour Pierce reiterates its “hold” rating saying it is concerned that reports of BarCap cutting jobs indicates that revenue in the investment bank is disappointing. Notes that top line income at BarCap was down 32 per cent year-on-year in the first half. Advises caution, noting investment banking appears to be losing momentum. KCS-content whatsapp whatsapp BEST OF THE BROKERS Show Comments ▼ Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot Wednesday 11 August 2010 7:44 pmlast_img

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