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Upgrades/Downgrades - 7 April 2014

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Stock Broker Update
AO World Jefferies initiates with Buy, with TP 410p
AO World JP Morgan initiates with overweight rating; TP 400p
Burberry Berenberg downgrades to Hold from Buy rating
IMI Jefferies ups to Buy from Hold, ups TP to 1750p from 1590p
International Personal Finance Wood Company initiates with Buy; TP 648p
Mail.Ru Credit Suisse cuts TP to $44 from $48
Monitise Berenberg downgrades to Hold from Buy, ups TP to 74p from 70p
Spirax-Sarco Engineering Jefferies ups TP to 3285p from 3150p, Hold
Source: Reuters News, AlphaTerminal, Dow Jones Newswires

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

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