Citi downgrades Xerox to sell
Citi cut Xerox to sell, saying the company faces a difficult print-market backdrop and that Lexmark integration may not be enough to offset pressure in core cash generation.
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Bank of America sees European equities catching up
Bank of America strategists say European stocks are set to perform in line with global peers after a period of underperformance.
UBS cuts Pearson to neutral, keeps 13 pounds target
UBS analysts cut Pearson’s rating to neutral from buy but kept the target price at 13 pounds. Shares were down 0.4% at 12.72 pounds.