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Upgrades/Downgrades - 5 April 2013

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For a more detailed explanation of Upgrades/Downgrades see Link

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

Aberdeen Asset Management Jefferies ups TP to 420p from 400p, Hold
Anglo American SocGen ups to Hold from sell, cuts TP to 1,750p from 1,900p
Antofagasta SocGen cuts TP to 1,045p from 1,080p, Hold
Ashmore Group Jefferies ups TP to 435p from 420p, Buy
Crest Nicholson Numis initiates with add; TP 352p
Domino’s Pizza Group Canaccord Genuity ups TP to 570p from 500p, Hold
Drax Group HSBC ups to overweight from neutral, ups TP to 710p from 540p
F&C Asset Management Jefferies ups TP to 135p from 130p, Buy
Henderson Jefferies downgrades to underperform from Hold; ups TP to 130p from 120p
Hiscox Nomura ups TP to 527p from 506p, reduce
ITE Group Canaccord Genuity ups TP to 300p, Buy
Jupiter Fund Management Jefferies downgrades to Hold from Buy; ups TP to 340p from 330p
Kazakhmys Liberum ups to Buy from Hold
Kofax Jefferies ups Buy to Hold, ups TP to 380p from 250p
Schroders Jefferies downgrades to Hold from Buy; ups TP to 2300p from 1940p
Sig Berenberg ups TP to 180p from 170p, Buy
Standard Life Berenberg ups TP to 310p from 290p, sell
Wolseley Berenberg downgrades to Hold from Buy, ups TP to 3100p from 2900p
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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