Good morning traders!

In the US last night, the Dow rose 20 points at 12,062, the Nasdaq added 4 points at
2,754 and the S&P500 gained 3 points at 1,307.

In Asia today, the Nikkei was recently up 126 points at 10,557. Hong Kong markets
remain closed for the Lunar New Year holiday.

Crude oil traded at $91.15 a barrel on Nymex.

Gold settled at $1,351 an ounce.

Happy Friday!

G.

NIKKEI 225	AUSTRALIA ASX200	HANG SENG	SHANGHAI COMPOSITE
KOSPI	SENSEX	VIX	GBPUSD
GBPEUR	NYMEX CRUDE	GOLD

BT.A Goldman: reiterated buy, tp raised to 243 from 235
BT.A JPMorgan: reiterated overweight
BT.A UBS: reiterated neutral, tp raised to 180 from 175
CCL Nomura: reiterated buy, tp cut to 3800 from 3870
CEY Citigroup: reiterated buy, tp raised to 171 from 165
CPG Nomura: reiterated buy, tp reiterated 690
CSCG Morgan Stanley: resumed equal weight, tp 410
CSR UBS: reiterated buy, tp reiterated 390
DGE Nomura: reiterated buy
ETI Nomura: reiterated neutral, tp cut to 120 from 135
FCAM RBS: tp raised to 87 from 60
FGP Morgan Stanley: reiterated equal weight, tp cut to 390 from 420
FLTR UBS: reiterated buy, tp raised to 345 from 275
GNK Nomura: reiterated reduce, tp raised to 510 from 455
GSK Citigroup: reiterated hold, tp reiterated 1275
GSK JPMorgan: reiterated neutral, tp reiterated 1320
IHG Nomura: reiterated buy, tp raised to 1525 from 1350
IMT Goldman: tp raised to 2540 from 2470
IMT RBS: buy, tp raised to 2450 from 2380
ISAT Goldman: reiterated buy, tp raised to 990 from 940
JMAT Deutsche: reiterated buy, tp raised to 2250 from 2200
KIE RBS: initiated buy, tp 1605
LAD Nomura: downgraded to reduce from neutral, tp cut to 130 from 160
MAB Nomura: reiterated buy, tp reiterated 435 from 435
MARS Nomura: downgraded to reduce from neutral, tp cut to 180 from 205
MRW UBS: upgraded to buy from neutral, tp raised to 315 from 290
NG. Goldman: reiterated sell, tp raised to 543 from 529
OCDO Goldman: downgraded to neutral from buy, tp raised to 304 from 224
PIC JPMorgan: buy, tp raised to 270 from 230
PUB Nomura: downgraded to reduce from neutral, tp cut to 70 from 85
QQ. JPMorgan: reiterated neutral
RDSA Citigroup: reiterated buy, tp 2400
RDSA UBS: reiterated buy, tp 2350
RDSB JPMorgan: reiterated neutral
RDSB Morgan Stanley: equal weight, tp 2400
SDR RBS: buy, tp raised to 2100 from 1836
SGC Morgan Stanley: reiterated overweight, tp raised to 240 from 232
SHP Morgan Stanley: initiated equal weight, tp 1650
SN. Citigroup: reiterated buy, tp 775
TCG Nomura: reiterated buy, tp reiterated 270
TT. Nomura: downgraded to neutral from buy, tp raised to 270 from 240
ULVR JPMorgan: overweight, tp 2300
VOD Citigroup [HB]: reiterated buy
VOD Goldman: reiterated neutral, tp raised to 184 from 183
VOD JPMorgan [HB]: reiterated overweight, tp reiterated 200
VOD Nomura: reiterated buy, tp reiterated 220
WMH Nomura: downgraded to reduce from neutral, tp cut to 180 from 205
WTB Nomura: reiterated buy, tp reiterated 2180

End-of-day Market Overview

Hope you all have a great weekend!

G.