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Broker Roundup: JP Morgan upgrades Aviva.
Brokers largely positive on BP, while cutting target prices.
Markets
* Bernstein has an outperform for BP, cutting target to 444p from 630p, an outperform for Royal Dutch Shell, raising target to £23.15 from £22.68
* JP Morgan upgrades Aviva to overweight from neutral, raising target to 509p from 285p and has an overweight for GKN
* HSBC has an overweight for BP, cutting target to 500p from 660p
* Deutsche Bank has a buy for BP, cutting target to 480p from 720p
* Goldman Sachs has a neutral for BP, cutting target to 580p from 600p
* Societe Genrerale upgrades BP to buy from hold
* Shore Capital has a buy for Chaucer
* Goldman Sachs downgrades WS Atkins to neutral from buy, has a neutral for Compass Group, raising target to 525p from 470p
* Morgan Stanley downgrades Hikma Pharmaceuticals to equal-weight from overweight, raising target to 750p from 700p
* UBS downgrades Capita Group to sell from neutral with a 750p target, downgrades Game Group to neutral from buy, cutting target to 650p from 680p, upgrades William Hill to buy from neutral, has a buy for Anglo American, cutting target to £31.50 from £32.50, a neutral for Weir Group, raising target to £12.50 from £12
* KBC Peel Hunt initiates coverage of Ashmore Group with a buy and Bluebay Asset management with a buy
* Nomura has a neutral for Cairn Energy, raising target to 488p from 479p, a neutral for Premier Oil, raising target to £16.71 from £16.49, cuts Soco International target to 466p from £18.40
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