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JP Morgan Cazenove cut its stance on Acacia Mining to 'neutral' from 'overweight' and chopped the target price to 500p from 610p, saying the Tanzanian concentrate ban highlights near-term headwinds to the re-rating thesis.
Analysts at Morgan Stanley upgraded their recommendation on shares of 3i and revised their target price higher, arguing the company's holding in retailer Action was higher than what owner 3i was letting onto.
