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LONDON BROKER RATINGS: Citi cuts United Utilities and Severn Trent

ALN

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

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FTSE 100

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Citigroup cuts United Utilities to ’neutral’ (buy)

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Citigroup cuts Severn Trent to ’neutral’ (buy)

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Deutsche Bank Research raises London Stock Exchange Group price target to 11,900 (11,400) pence - ’buy’

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JPMorgan raises Whitbread price target to 2,600 (2,500) pence - ’neutral’

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Berenberg cuts Unilever price target to 5,040 (5,840) pence - ’hold’

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RBC raises Unilever price target to 4,300 (4,200) pence - ’sector perform’

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JPMorgan raises Glencore price target to 500 (460) pence - ’neutral’

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LBBW cuts GSK price target to 2,100 (2,300) pence - ’hold’

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FTSE 250

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Citigroup cuts Hays to ’neutral’ (buy)

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Citigroup cuts PageGroup to ’neutral’ (buy)

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Citigroup cuts Lancashire price target to 658 (676) pence - ’buy’

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JPMorgan starts Genus with ’overweight’ - price target 3,200 pence

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JPMorgan cuts THG price target to 48 (55) pence - ’neutral’

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Deutsche Bank Research cuts Travis Perkins price target to 470 (530) pence - ’sell’

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Deutsche Bank Research cuts Aston Martin price target to 50 (55) pence - ’hold’

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Deutsche Bank Research raises Keller price target to 2,400 (2,200) pence - ’hold’

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Deutsche Bank Research raises Morgan Sindall price target to 5,700 (5,500) pence - ’buy’

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Deutsche Bank raises Balfour Beatty price target to 990 (850) pence - ’buy’

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Deutsche Bank raises Costain price target to 200 (180) pence - ’hold’

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Deutsche Bank raises Kier price target to 295 (260) pence - ’buy’

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SMALL CAP

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JPMorgan cuts Smurfit Westrock price target to 4,600 (4,800) pence - ’overweight’

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