Japanese broker Nomura homes in on satellite giant Inmarsat (LON:ISA), shunting up the target price to 900p each from 760p previously.
It says the group is riding high on news flow and has been a strong outperformer through 2015, delivering more than 5% growth compared to the market and outperforming satellites peers so far.
News has been positive and negative so far, but in all instances the stock continues to march higher, the broker notes, underlining a well-supported stock with holders that have faith in management.
However, it says it would like more comfort around the underlying growth potential and numbers.
Shares are up 1.64% to 928.5p.
"Betty Power" is born, says broker Exane BNP Paribas today, following news that Paddy Power (LON:PAP) is set to merge with rival Betfair (LON:BET) and upgraded its rating on Betfair to 'neutral' from 'underperform'.
Its rating on Paddy Power is 'neutral'
The broker reckons the deal has logic strategically and would create a "lean" entity with strong cash generation.
"Also, the geographical exposure is largely complementary (Paddy is in Australia, both companies are in Italy). However, they will continue to operate separate brands and are already very cost-lean companies. This limits the amount of synergies they could generate," says analyst Robert Ciaccia.
He has lifted the target on Betfair to £30 from £21 previously.
The analyst says the deal should be finalised by end of this year and it does not expect any headwinds from the CMA.
After the rally in both stocks after announcement, the new company would be trading trading at 18 times EV/EBITA.
"The deal needs a great deal more analysis, but at first sight it looks like the market has already priced in the merger of the two companies."
US broker Jefferies is sweet on sugar giant Tate & Lyle (LON:TATE) today and has upgraded it to 'buy' from 'hold' as it revealed it had turned positive on the company.
The price target is 605p, which is a hefty distance from the current price of 522p.
The 2016 HFCS (High fructose corn syrup) pricing round in the USA has started early and robustly, which is a sign of confidence, it notes.
"With the shares visiting 500p and yielding 5.6%, we turn positive," it said.
Advertising giant WPP (LON:WPP) said yesterday first-half like-for-like net sales rose 2.3% and by 3.7% in July, which the company said indicated potentially stronger third quarter trading.
Pre-tax profit rose 44.5% to £710mln and by 45.6% in constant currencies, reflecting net exceptional gains.
It was upbeat on China despite its downturn, but sounded caution on the UK's EU referendum and the economy.
The firm attracted a good deal of analyst comment on Thursday. Berenberg upgraded shares to 'hold' from 'sell' and lifted the price target to n 1360p from 1325p. Investec move it to 'add' from 'buy, while Japanese broker drops the target to 1675p from 1700p but repeats a 'buy'.