Best of the Brokers for 14 February 2014
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ABERDEEN ASSET MANAGEMENT
Jefferies has downgraded the fund manager from “hold” to “underperform” on fears that its recent acquisition of Swip will not meet its stated objectives. The broker has also cuts its target price to 350p from 430p, saying investors should follow the CEO in selling shares.
YOUGOV
Panmure Gordon has upped its target price on the market research firm to 130p from 95p and kept its “buy” rating after a call with management in which the brokers were reassured that there would be no further fall-out in the US business, and on hopes that its brand equity could improve in other markets.