LONDON BROKER RATINGS: Morgan Stanley cuts Lloyds; HSBC ups Admiral

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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

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

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FTSE 100

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Barclays raises Pearson price target to 1,100 (1,055) pence - ’equal weight’

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Goldman Sachs raises Pearson price target to 1,393 (1,337) pence - ’buy’

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Jefferies starts easyJet with ’buy’ - price target 680 pence

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Jefferies starts International Consolidated Airlines Group with ’buy’ - price target 270 pence

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RBC cuts BP price target to 480 (525) pence - ’sector perform’

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DZ Bank cuts fair value for BP to 435 (445) pence - ’hold’

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Deutsche Bank raises London Stock Exchange price target to 10,000 (9,700) pence - ’hold’

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Morgan Stanley cuts Lloyds to ’equal-weight’ - price target 65 pence

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UBS raises HSBC price target to 710 (658) pence - ’neutral’

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HSBC raises Admiral to ’buy’ - price target 3,300 pence

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FTSE 250

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Berenberg cuts Elementis price target to 170 (190) pence - ’buy’

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Jefferies cuts Inchcape price target to 1,090 (1,140) pence - ’buy’

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Jefferies starts Wizz Air with ’underperform’ - price target 1,020 pence

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Citigroup cuts Bridgepoint to ’neutral’ - price target 350 pence

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SMALL CAP, AIM AND OTHER

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Morgan Stanley raises ITM Power to ’equal-weight’ - price target 40 pence

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Deutsche Bank cuts RWS Holdings target to 320 (375) pence - ’buy’

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Jefferies starts Ryanair with ’hold’ - price target 17.10 EUR

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