UK stocks traded higher in Wednesday's morning session despite data showing the economy shrank by 20% in the second quarter, the worst performance on record...

Morgan Stanley today reaffirms its underweight investment rating on Carnival PLC (LON:CCL) and cut its price target to 770p (from 930p).

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Barclays Capital today initiates coverage of Dunelm Group PLC (LON:DNLM) with a overweight investment rating and price target of 1425p.

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Barclays Capital today reaffirms its overweight investment rating on Synthomer (LON:SYNT) and raised its price target to 330p (from 320p).

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Barclays Capital today reaffirms its underweight investment rating on Tritax Big Box Reit Plc (LON:BBOX) and raised its price target to 150p (from 140p).

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Berenberg today reaffirms its hold investment rating on IWG Plc (LON:IWG) and raised its price target to 260p (from 130p).

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Berenberg today reaffirms its hold investment rating on Standard Life Aberdeen (LON:SLA) and raised its price target to 285p (from 275p).

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Davy Research today downgrades its investment rating on International Consolidated Airlines Group (LON:IAG) to neutral (from outperform).

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Citigroup today upgrades its investment rating on Evraz Plc (LON:EVR) to neutral (from sell) and raised its price target to 290p (from 250p).

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Morgan Stanley today reaffirms its equal weight investment rating on InterContinental Hotels Group PLC (LON:IHG) and raised its price target to 3900p (from 3700p).

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