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But Schroders fell 19p to £22.36 despite a positive note from JP Morgan Cazenove which said: Following completion of the acquisition of Cazenove Capital we resume coverage of Schroders with an overweight (price target 2281p) recommendation.
Within this mandate, management will overweight price sensitive sectors such as exploration and production companies when they're bullish on natural gas and move to more integrated companies, utilities and pipelines when the outlook isn't as favorable.
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Overweighting the price in the bidding system would result in the production of low-quality EMs or make manufacturers reluctant to produce profitless EMs [ 21].
We rate the shares overweight with a price target of 1830p.
Elsewhere Unilever is up 50p at £28.83 as Barclays moved from equal weight to overweight with a price target raised from £28.50 to £30.50.
Whitbread added 101p to £34.83 after JP Morgan raised its recommendation from neutral to overweight and its price target from £32.80 to £37.20.
Meanwhile semiconductor group Arm added 3p to 108.25p as Barclays Capital began coverage of the company with an overweight rating and120p price target.
Aggreko added 50p to £21.57 after HSBC raised its recommendation on the temporary power supplier from neutral to overweight, and its price target from £18 to £24.
The bank raised its rating from neutral to overweight and its price target from 190p to 205p, saying: Since its all-time high reached on 8 December 2014 of 183p, the share price has declined by 11% while the company should deliver strong earnings growth in 2015-16 and we revised up our estimates in our 2 February luxury thematic report Globe-trotting shopper.
Morgan Stanley moved its recommendation from equal weight to overweight and its price target from £11.13 to £16.70, saying: We believe Hargreaves is winning a greater share of the opportunity presented by RDR [retail distribution review], with near-term risks from competition likely overstated.
Among the mid-caps Henderson Group is down 5.3p at 265.4p after Monday's surge in the wake of its proposed merger with Janus Capital, but specialist lender Onesavings has added 15.3p to 284p after Barclays moved from equal weight to overweight with a price target lifted from 235p to 340p.
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