Broker Tips
Broker tips: Burberry, Next, HSBC
Burberry shares were in fashion on Wednesday as Credit Suisse upped the stock to 'neutral' from 'underperform' and lifted the price target to 1,550p from 1,300p, saying the bear case is now behind us.
Deutsche Bank lifts HSBC target price, retains 'hold'
Deutsche Bank bumped up its target price on shares of HSBC, hailing the restart of dividend payments in the US but cautioned that investors would need to be patient when it came to expectations for capital upstreaming from the States.
Credit Suisse upgrades Burberry, says bear case is behind us
Burberry shares were in fashion on Wednesday as Credit Suisse upped the stock to 'neutral' from 'underperform' and lifted the price target to 1,550p from 1,300p, saying the bear case is now behind us.
Low volatility not necessarily signal of impending turmoil, Morgan Stanley says
Low levels of implied volatility do not necessarily mean that something bad is lurking just around the proverbial corner, analysts at Morgan Stanley believe.
Next boosted by Investec upgrade to 'buy'
Next got a boost on Wednesday as Investec upped its stance on the retailer to 'buy' from 'hold' and lifted the price target to 4,750p from 3,900p.