• Adobe: Mizuho Securities downgrades to neutral from buy. PT up 11% to $440.
  • Barratt: Berenberg downgrades from buy to hold targeting GBp 459.
  • Bellway: Berenberg downgrades from buy to hold, targeting GBp 2300.
  • Crest Nicholson: Berenberg downgrades from buy to hold, targeting GBp 250.
  • Halma: Jefferies remains Underperform with a price target reduced from GBp 1960 to GBp 1820.
  • MJ Gleeson: Berenberg remains Buy with a price target reduced from GBp 950 to GBp 680.
  • Next: Citigroup starts the follow up to sell targeting GBp 5100.
  • Persimmon: Berenberg downgrades from buy to hold, targeting GBp 1700.
  • Redrow: Berenberg downgrades from buy to hold, targeting GBp 510.
  • Tate & Lyle: Jefferies downgrades from buy to hold targeting GBp 780.
  • Taylor Wimpey: Berenberg downgrades from buy to hold, targeting GBp 122.
  • The Berkeley Group: Berenberg upgrades from hold to buy targeting GBp 4500.
  • The Gym Group: Jefferies remains Buy with a price target reduced from GBp 330 to GBp 290.
  • Vistry: Berenberg downgrades from buy to hold, targeting GBp 840.