It is traditional for the new boss to lay it on a bit thick when it comes to assessing the difficult task ahead, but M&S CEO Steve Rowe may have called it like it is.
"While we cut our forecasts by 1-3% to reflect weaker trends in London for the Midway division, we remain confident in Merlin's recovery potential in 2016/17," said the broker
RBC Capital Markets sends Royal Mail some positive vibes, upgrading the share to 'sector perform' from 'underperform'
Brokers take the red pen to Thoms Cook, but are keener on Imperial and Dairy Crest
A look at some broker tips on Thursday, including Compass and Admiral
Acacia Mining, Booker Group, Taylor Wimpey, DCC are in Wednesday’s broker spotlight.
Also covered: car insurers, Standard Life, Taylor Woodrow and a possible change of financial advisor for Caledonia Mining's chairman
Premier Oil, Hunting, Antofagasta, Daily Mail & General Trust, and Drax are in the broker spotlight on Monday.
A look at some broker tips on Friday morning, including ITV and Acacia Mining
Bookmaker William Hill has its target lowered by City broker Canaccord.....
US broker Citi is cautious on UK estate agents ahead of the EU referendum next month, but has upgraded London-focused agent
Also, BP, Petrofac, Restaurant Group, Centamin, AA...
Centrica, Direct Line Insurance Group, Stagecoach, Shell and Randgold Resources were all in Thursday’s broker spotlight.
Also featured: ITV, Clinigen, Breedon Aggregates
Also, Tullow Oil, Astra Zeneca, Next, Armadale Capital, Eland Oil...
UBS has picked up on telecoms giant BT and upgraded the shares to 'neutral' from 'sell' saying the risk from mobile is lessening.