Investec says falls in Babcock (BAB.L) have been overdone, Babcock reported solid first quarter figures today. Maintains BUY rating and target price of 1377p

Shore capital upgrades Tesco (TSCO.L) from SELL to HOLD after Chief Exec Philip Clarke resigns today

Oriel Securities says Tullow Oil (TLW.L) may take a $150m for failed well and expects share price falls.

Panmure Gordon not excited about Sage ‘s (SGE.L) plan to buy a majority stake in Exact Software Deutschland.

 

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