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Upgrades/Downgrades - 10 September 2013

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For a more detailed explanation of Upgrades/Downgrades see Link

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

A.G.Barr SocGen downgrades to sell from Hold
African Barrick Investec downgrades to sell from Hold; ups TP to 137p from 135p
Associated British Foods SocGen ups TP to 1950p from 1900p, Hold
Astrazeneca Jefferies cuts TP to 3200p from 3400p, Hold
BG Group Morgan Stanley cuts TP to 1370p from 1400p, overweight
BG Group SocGen cuts TP by 3.7 percent to 1300p, Hold
Big Yellow Group Numis ups to add from Hold
British Land Company Numis ups to add from Hold
Centamin Investec ups TP to 50p from 45.6p, Buy
Derwent London Numis ups TP to 2595p from 2390p, add
Fenner Investec ups TP by 40p to 370p, Hold
Glaxosmithkline Jefferies cuts TP to 1800p from 1825p, Hold
Great Portland Estates Numis ups TP to 595p from 550p, add
Intu Properties Numis ups to Hold from reduce
ISG Numis downgrades to add from Buy; ups TP to 240p from 200p
Ithaca Energy Liberum initiates with Buy; TP 210p
Randgold Resources Investec ups TP to 5018p from 4981p, Hold
Regus Panmure ups TP to 250p from 200p, Buy
WPP Berenberg ups TP to 1085p from 1050p, sell
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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