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Analysts at Berenberg bumped up their target price on shares of Asos, telling clients that with much of the "transformational" heavy lifting associated with its warehouse transformations was now in the rear view mirror, the company was in a position to leverage its investments.
Analysts at Canaccord Genuity downgraded British builders' merchant Travis Perkins from 'buy' to 'hold' on Thursday ahead of the group's third-quarter report card next week.
Berenberg upped its price target on shares of online fashion retailer Asos to 3,000p from 2,500p on Thursday, a day after it posted a slump in full-year profit on the back of restructuring costs.
