BEST of the BROKERS
SSE
Investec has upped its target price to 1479p from 1226p and upgraded SSE to “buy” from “hold” following an “upbeat” capital markets day last month and prospects of improved profit growth.
WPP
JP Morgan Cazenove has upgraded the communications giant, to “overweight” from “neutral” as it believes management changes at its market research arm will help boost growth.
AG BARR
Despite AG Barr outperforming the drinks market, Societe Generale downgraded the Irn Bru-maker to “sell” from “hold”, reducing its price target to 370p from 390p after rain dampened sales.