- 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.