Barclays Capital today reaffirms its equal weight investment rating on easyJet PLC (LON:EZJ) and cut its price target to 650p (from 1400p).

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UK stocks traded lower on Friday lunchtime after trial data indicated a potential treatment for Covid-19 being developed by Gilead Sciences didn't improve patients' conditions....

HSBC today reaffirms its reduce investment rating on AVEVA Group PLC (LON:AVV) and cut its price target to 3010p (from 3190p).

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Societe Generale today reaffirms its buy investment rating on International Consolidated Airlines Group (LON:IAG) and cut its price target to 460p (from 520p).

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Morgan Stanley today reaffirms its equal weight investment rating on Compass Group PLC (LON:CPG) and cut its price target to 1540p (from 1930p).

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Morgan Stanley today reaffirms its overweight investment rating on (LON:JET) and cut its price target to 8800p (from 9110p).

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Berenberg today reaffirms its hold investment rating on Meggitt PLC (LON:MGGT) and cut its price target to 295p (from 340p).

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Societe Generale today downgrades its investment rating on Rolls-Royce Group PLC (LON:RR.) to sell (from hold) and cut its price target to 246p (from 700p)....

Societe Generale today upgrades its investment rating on BAE Systems Plc (LON:BA.) to buy (from hold) and cut its price target to 550p (from 705p)....

Societe Generale today downgrades its investment rating on Meggitt PLC (LON:MGGT) to sell (from hold) and cut its price target to 205p (from 610p).

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