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Upgrades/Downgrades - 25 July 2013

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Key: (?) = Upgraded, (?) = Downgraded, (-) = Maintained

A.G.Barr Investec ups TP to 585p from 581p, add
ARM Holdings UBS removes from European key calls list
Bodycote Investec ups TP to 660p from 600p, Buy
Clinigen Numis ups TP to 430p from 340p, Buy
easyJet Jefferies ups TP to 1470p from 1420p, Hold
easyJet Panmure ups TP to 1500p from 1400p, Buy
easyJet UBS ups TP to 1560p from 1380p, Buy
G4S UBS cuts TP to 230p from 240p, neutral
Halma Investec ups TP to 600p from 550p, Buy
Morgan Advanced Materials Jefferies ups to Buy from Hold, ups TP to 345p from 320p
National Express UBS ups TP to 280p from 250p, Buy
National Express RBC ups TP to 275p from 260p, outperform
Provident Financial RBC ups TP to 1700p from 1600p, sector perform
Sepura Liberum ups TP to 142p from 130p, Buy
Sepura Investec ups TP to 150p from 130p, Buy
Source:   Reuters News, AlphaTerminal, Dow Jones Newswires

 

Source: Bloomberg, Reuters News, AlphaTerminal, Dow Jones Newswires

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T111his research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.

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