BARC Goldman: reiterated neutral, tp cut to 347 from 391
RBS Goldman: reiterated neutral, tp cut to 37 from 41
RDSA HSBC: upgraded to overweight from underweight, tp 1955
VOD BarCap: upgraded to overweight from equalweight, tp 175
XTA BMO: upgraded to outperform from market perform, tp 1200
Futures were down 46 at one point overnight, so it was a lucky escape for the FTSE this morning. Corporate results good, UBS good, even Toyota up, and Trichet returning from a meeting in Australia a day earlier than scheduled leading to some speculation that it might be to do something.
Thanks Kyoto. Closed my LLOY right now and waiting for prices to drift lower before I buy back in. Sods law says that today will be the day it continues to rise just to be contrary!