Broker Tips
Dialog Semiconductor tanks over fears Apple could make own chips
Shares in Apple supplier Dialog Semiconductor tanked on Tuesday after German private bank Bankhaus Lampe cut its rating on the stock due to the risk that the US company could start making its own microchips, although other analysts said these risks were being overdone.
Broker tips: Dialog Semiconductor, Balfour Beatty, SSE, oil and gas companies
Shares in Apple supplier Dialog Semiconductor tanked on Tuesday after German private bank Bankhaus Lampe cut its rating on the stock to 'sell' from 'hold'.
Barclays cuts Brent oil price forecasts, likes Lundin, Cairn Energy, Ophir
Analysts at Barclays lowered their target prices for a broad swathe of European Oil &Gas explorers and producers as they marked down their short and medium-term assumptions for the Brent price deck.
BofA Merrill Lynch ups Balfour Beatty to 'buy', cites confidence in margin recovery
Balfour Beatty got a boost as Bank of America Merrill Lynch upgraded the stock to 'buy' from 'neutral' and lifted the price target to 345p from 295p, citing improved confidence in US, UK and Hong Kong margin recovery.
Berenberg upgrades SSE as it highlights sector-topping dividend yield
Berenberg upgraded SSE to ‘buy’ from ‘neutral’ as it believes that the utility’s sector-topping 6. 5% yield and promise of retail price index (RPI) linked dividend growth is sustainable.