The target price comes down to 135p from 170p and the rating to underweight from equal.
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In early morning trading, WH Smith shares topped the FTSE 250 leader board, up over 3.5%, or 62p at 1,683p.
The web and print supplies group has warned on annual results due to weak volumes in printing services
The Holiday Inn owner has posted a 23% increase in underlying earnings on the back of revenue growth.
Some £30mln of contracts have been delayed, as a result of which the board now expects revenue for the current fiscal year will be in the range of £60-65mln
The medical imaging firm has previously reported a significant number of purchase orders, the benefits of which will be felt in the second half
The bank's analysts said: “After the 80% rally in StanChart and 54% rally in HSBC shares over the past year we view risk reward as less compelling on a 1 year view ".
Shares in the fishing tackle retailer are higher today after saying full year results will be in line with market forecasts.
Directa will be project leader of a team that includes local firms Novaresin and Soliani along with the Politecnico of Milan University.
The broker has cut its rating on ITV to 'hold' from 'buy' ahead of the company's full year results.
The British fashion and homewares retailer said tough trading conditions mean its full year pre-tax profit will fall short of market expectations.
The group said pre-tax profit in the year to 31 December 2016 is likely to exceed the consensus estimates range of £14.7mln to £15mln
London Luton has operated Wizz Air flights for over 12 years but it now will become the airline's first UK airport with base operations.
The pawnbroking group, which is the shirt sponsor for the under-pressure Premiership football team had priced shares in its initial public offering at 86p each.
The AIM-listed firm said its underlying pre-tax profits dropped by 71.9% to £0.9mln for the six months to the end of November, as continuing revenues fell by 2.2%.
India's Asos equivalent has won an award for most popular fashion portal.
Earlier, the FTSE 100 giant reported a pre-tax loss of £4.636bn, a 49% drop on the £160mln profits recorded in the previous year.
Carnival has received approval to sail its largest capacity cruise ship to Cuba to meet strong demand from US tourists.
Peel Hunt has upgraded its rating on Hargreaves Lansdown to 'add' from 'hold' and lifted the target price to 1495p from 1345p following the company's half-year results.
Full-year losses will be higher than the year before, albeit with the current range of market expectations
Vamousse also gained market share for the year as well
The group plans to re-brand the business to reflect its emphasis on behavioural science
The company has decided that its UK microCHP boiler business is no longer viable given the review into FiT.
RBC’s analysts have modestly raised their EPS estimates “as lower net flow assumptions are offset by improved investment performance and FX assumptions.”
Dividend up but homewares group's sales and profifts are under pressure