<strong>MOTHERCARE</strong><br />Noble initiated coverage on Mothercare with a &ldquo;neutral&rdquo; rating and a 600p target price, saying the stock offers one of the best longer-term growth stories in the retail sector. In the short-term, the broker thinks that synergies from the Early Learning Centre and property restructuring benefits will help to withstand macro headwinds.<br /><strong><br />CARNIVAL</strong><br />Charles Stanley upgraded Carnival to &ldquo;buy&rdquo; from &ldquo;hold&rdquo; after its better-than-expected third-quarter results, saying that its valuation looks undemanding for the trough of the earnings cycle. The broker said it considers this recommendation as relatively high-risk, given the high level of operational gearing within the cruise operator&rsquo;s business.<br /><br /><strong>SAB MILLER</strong><br />JP Morgan slightly revised its medium-term guidance for SAB Miller&rsquo;s Africa and Asia businesses, saying that, taken together, the division is expected to deliver low double digit revenue growth with margin progress dependent on country mix. The broker retained its &ldquo;neutral&rdquo; stance on the stock but upgraded its price target by four per cent to 1,400p.