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Upgrades/Downgrades - 4 March 2013

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Anglo American Nomura downgrades to reduce from neutral; TP to 1700p from 1800p
Avocet Mining Liberum ups to Buy
British American Tobacco Nomura ups TP to 3985p from 3880p, Buy
Capita Jefferies ups TP to 1010p from 840p, Buy
Capita Berenberg ups TP to 955P from 870P, Buy
Centrica SocGen ups to Buy from Hold; TP to 400p from 371p
Croda International Jefferies ups TP to 2600p from 2300p, Hold
Faroe Petroleum Nomura cuts TP to 205p from 216p, Buy
Hammerson Jefferies ups TP to 535p from 476p, Hold
Interserve Numis ups TP to 565p from 460p, add
Jupiter Fund Management RBC ups TP to 340p from 330p, sector perform
Lloyds Banking Group SocGen ups TP to 61p from 52p, Buy
RPS Group Jefferies ups TP to 285p from 280p, Buy
Senior Jefferies ups TP to 268p from 236p, Buy
Senior Jefferies ups TP to 268p from 236p, Buy
UBM Berenberg ups TP to 835p from 670p, Buy
WPP BMO ups TP to 1000p from 800p, market perform
WPP Nomura ups TP to 1215p from 1030p, Buy
WPP SocGen ups TP to 1210P from 1110P, Buy
WS atkins Jefferies ups TP to 900p from 800p, Hold
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.

Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance. Prepared by Michael van Dulken, Head of Research

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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
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