Broker Tips
Broker tips: Just Eat, Mitie, Allied Minds
Just Eat was under pressure as Canaccord Genuity downgraded the stock to 'hold' from 'buy' and slashed the price target to 700p from 850p as it published new forecasts following last week's prelims and new guidance.
Credit Suisse slashes target price for Allied Minds
Analysts at Credit Suisse slashed their target on shares of Allied Minds, telling clients they were still waiting for the commercial proof points from the company and pointed out its ongoing rate of 'cash burn'.
Canaccord downgrades Just Eat, no longer so convinced
Just Eat was under pressure as Canaccord Genuity downgraded the stock to 'hold' from 'buy' and slashed the price target to 700p from 850p as it published new forecasts following last week's prelims and new guidance.
Friday broker round-up
Mitie Group: Barclays upgrades to overweight with a target price of 180p.
Barclays ups Mitie to 'overweight' on cost cutting plans
Analysts at Barclays highlighted Mitie's current strategy as being a "good fit" for shifts in the facilities management market and upgraded the shares to 'overweight' from 'underweight'.