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Upgrades/Downgrades - 31 July 2013

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For a more detailed explanation of Upgrades/Downgrades see Link

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

African Barrick Gold Numis downgrades to Hold from add; TP to 120p from 130p
Barclays UBS cuts TP to 320p from 360p, neutral
Blur Liberum initiates with Buy; TP 400p
BT Group Jefferies ups TP to 385p from 380p, Buy
Domino’s Pizza N+1 Singer cuts TP to 550p from 611p, Hold
Hutchison China MediTech UBS ups TP to 600p from 590p, Buy
Informa Investec cuts TP to 530p from 520p, Hold
ITV Nomura ups TP to 170p from 165p, Buy
ITV Investec ups TP to 160p from 150p, Hold
Next Bernstein ups TP to 4600p from 4400p, market-perform
St. James’s Place JP Morgan ups TP to 662p from 624p, overweight
Talktalk Telecom Jefferies cuts TP to 335p from 350p, Buy
Talktalk Telecom Berenberg ups TP to 185P from 160P, sell
Taylor Wimpey Jefferies ups TP to 122p from 111p, Buy
Telecity Group UBS downgrades to neutral from Buy; TP to 975p from 1025p
WS atkins Liberum ups TP to 1200p from 1100p, 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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