RBC Capital Markets has cut its recommendation on the temporary power supplier to “outperform” from “top pick”, moving its target price to 2,500p from 2,700p, citing “a lack of short-term catalysts.”
UBS has slashed its recommendation on the media and advertising giant to “neutral” from “buy”, moving the target price to 875p from 960p. UBS cites a slowdown at WPP’s peer companies.
Jefferies downgraded the information services firm to “hold” from “buy” despite hiking the target price from 1,060p to 1,200p. Experian is to buy out its minority stake in Brazilian unit Serasa.