Shares in easyJet PLC rose 2.8% after a well-received presentation on its Holidays business on Thursday.
Bank of America said Holidays CEO Garry Wilson presented a “compelling case” for how the business will maintain its strong growth trajectory and take share from competitors in the UK, with a view to eventually surpassing them and becoming the top operator in the market.
Wise Group PLC on Friday rose 2.7% supported by an upgrade by Jefferies.
“We think Wise is at an inflection point in its Card business, generating the next leg of growth after FX transfers and neo-bank like products (assets, interest),” the broker said.
Tesco PLC (LSE:TSCO) is the top pick in European Retail in a wide-ranging note by Morgan Stanley.
J Sainsbury also gets an upgrade but there are downgrades for H&M, AB Foods and Kingfisher.
There is a “clear opportunity for value creation” in Zegona Communications (LSE:ZEG)' acquisition of Vodafone Spain, reckon equities analysts at Barclays.
However, the ambitious, highly leveraged €5 billion deal, which was signed off by the European Commission this week, is not without its challenges.