Best of the Brokers for 29 May 2015

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Numis downgraded the market services group from “hold” to “sell” on the basis that the shares have “run too far and do not fairly reflect the higher level of targeted investment spend, the ongoing challenging market conditions and the investigation into ISDAfix in the US”.

Shore Capital reinitiated coverage of the gaming company with a “buy” rating, and said that although the firm has been “off investors’ radar since the takeover debacle of 2011”, following a recent share sale, it is “finally emerging from the shadows with an attractive investment case building”.