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LONDON BROKER RATINGS: Morgan Stanley cuts Diageo to ’underweight’

ALN

The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

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FTSE 100

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Morgan Stanley cuts Diageo to ’underweight’ (equal weight) - price target 3,000 (3,700) pence

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Berenberg cuts Rio Tinto price target to 6,100 (6,400) pence - ’buy’

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JPMorgan raises Rio Tinto price target to 5,390 (5,350) pence - ’underweight’

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Jefferies cuts Antofagasta price target to 1,750 (1,800) pence - ’buy’

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Credit Suisse cuts Antofagasta price target to 1,350 (1,550) pence - ’neutral’

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FTSE 250

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Berenberg raises Diploma price target to 3,500 (3,360) pence - ’buy’

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Jefferies cuts Jupiter Fund Management price target to 95 (120) pence - ’underperform’

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Jefferies cuts Ashmore Group price target to 230 (270) pence - ’hold’

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JPMorgan raises Qinetiq price target to 420 (410) pence - ’neutral’

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SMALL CAP

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UBS cuts DFS Furniture price target to 125 (135) pence - ’neutral’

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Berenberg raises Conduit Holdings price target to 600 (595) pence - ’buy’

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Barclays raises Jet2 price target to 1,750 (1,500) pence - ’overweight’

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