Friday broker round-up
esure: Barclays upgrades to equal weight with a target price of 280p.
Markets
Asia report: Most markets rise on positive trade sentiment
Most markets in Asia finished in the green on Friday, taking their leads from a decent session on Wall Street overnight amid developments in the ongoing US-China trade dispute.
US consumer sentiment dips to 11-month low in August
US consumer sentiment unexpectedly fell in August, to its lowest level since last September, according to a preliminary reading from the University of Michigan.
HSBC trims Lloyds target price and upgrades RBS, but prefers Barclays
Analysts at HSBC sounded a more positive note on RBS and Barclays on Friday, but not Lloyds, following the 15-20% decline in their share prices over the past three months, on the back of concerns around geopolitics (and Brexit).
FTSE 100 movers: Miners and housebuilders retreat
London's FTSE 100 was down 0.3% to 7,531.60 in afternoon trade on Friday as investors digested the latest twists and turns in Sino-US relations and a US threat to impose further sanctions on Turkey.
DELKOS BREAKING NEWS: 80% probability that USDCAD will trend up for the next few hours.
The latest US Michigan Consumer Sentiment Prel number has been released as 95.3.
Thalassa's Norwegian tax appeal succesful
Surverying services firm Thalassa was on Friday advised by the Norwegian tax authorities that its appeal in relation to the 2014 tax year has been successful.
'Last bear in town' Liberum ups Glencore to 'hold'
“Last bear in town” Liberum upped its stance on Glencore to 'hold' from 'sell' on Friday, meaning there are no more 'sell' ratings around on the miner.
BofA-ML retains bearish stance ahead of 10-year commemoration of Lehman Bros. crash
Investors are already positioned 'bearishly', but that potential positive for financial markets was likely to be swamped by the recent peaks in corporate profits and economic stimulus, strategists at Bank of America-Merrill Lynch cautioned.
BofA-ML retains bearish stance ahead of 10-year commemoration of Lehman Bros. crash
Investors are already positioned 'bearishly', but that potential positive for financial markets was likely to be swamped by the recent peaks in corporate profits and economic stimulus, strategists at Bank of America-Merrill Lynch cautioned.