Good morning traders!

In the US Friday, the Dow rose 73 points at 12,391, the Nasdaq added 2 points at 2,834
and the S&P500 gained 3 points at 1,343. US markets remain closed today for the
Presidents Day Bank Holiday.

In Asia this morning, the Nikkei was recently up 10 points at 10,852, while the Hang Seng
ended the morning down 87 points at 23,509.

Crude oil traded at $87.35 a barrel on Nymex.

Gold settled at $1,394 an ounce.

Happy Monday!

G.

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

AAL Goldman [HB]: reiterated buy, tp reiterated 4320
AAL S&P: hold, tp raised to 3300 from 3200
AAL UBS [HB]: reiterated neutral, tp reiterated 3230
AV. JPMorgan [HB]: reiterated overweight, tp reiterated 524
BNZL RBS: initiated hold, tp 765
CHTR BarCap: reiterated overweight, tp cut to 924 from 1012
CHTR JPMorgan: reiterated overweight, tp cut to 950 from 1000
CLLN RBS: buy, tp raised to 446 from 400
EGU Goldman: buy, tp 1400
ENRC Credit Suisse [HB]: reiterated outperform, tp 1400
IHG Nomura: reiterated buy, tp raised to 1575 from 1525
IMG Morgan Stanley: reiterated overweight, tp reiterated 505
ITV Nomura: reiterated buy, tp raised to 100 from 90
LAD Credit Suisse: reiterated underperform, tp reiterated 119
LAD Goldman: reiterated sell, tp raised to 130 from 125
LLOY Deutsche: reiterated buy, tp reiterated 100
LLOY UBS: reiterated buy, tp reiterated 100
NEX Nomura: buy, tp 325
PFD UBS: reiterated buy, tp cut to 31 from 37
PSON UBS: reiterated buy, tp reiterated 1400
RBS UBS [HB]: reiterated buy, tp reiterated 48
RDSA UBS: reiterated buy, tp reiterated 2350
RTO Credit Suisse: reiterated underperform, tp cut to 86 from 88
RTO JPMorgan: reiterated underweight, tp cut to 90 from 95
RTO UBS: reiterated buy, tp cut to 115 from 125
SN. Goldman: reiterated buy, tp raised to 865 from 855
TCG JPMorgan: reiterated overweight, tp raised to 228 from 205
TPK ING: downgraded to hold from buy, tp raised to 1100 from 1040
TT. JPMorgan: reiterated neutral, tp raised to 246 from 205
WPP Nomura: reiterated buy, tp raised to 930 from 900

End-of-day Market Overview