<div id="readability-page-1"><div>(Alliance News) - The following London-listed shares received analyst recommendations on Tuesday morning and on Monday: ---------- FTSE 100 ---------- LBBW cuts Rio Tinto to 'hold' (buy) - price target 5,800 (5,300) pence ---------- Kepler Cheuvreux starts Aviva with 'hold' ---------- Kepler Cheuvreux starts Admiral with 'hold' ---------- Kepler Cheuvreux starts Legal &amp; General with 'reduce' ---------- Deutsche Bank Research raises Relx to 'buy' (hold) - price target 3,700 (4,072) pence ---------- Barclays raises Kingfisher price target to 295 (285) pence - 'underweight' ---------- UBS raises Barclays price target to 515 (455) pence - 'buy' ---------- JPMorgan places London Stock Exchange on 'positive catalyst watch' ---------- JPMorgan cuts London Stock Exchange price target to 13,100 (13,300) pence - 'overweight' ---------- JPMorgan cuts ICG target to 2,707 (2,736) pence - 'overweight' ---------- JPMorgan raises St James's Place target to 1,725 (1,620) pence - 'overweight' ---------- Bank of America raises SSE price target to 2,420 (2,370) pence - 'buy' ---------- Bank of America raises National Grid price target to 1,300 (1,240) pence - 'buy' ---------- Bank of America raises Sage price target to 1,620 (1,520) pence - 'buy' ---------- Citigroup raises Persimmon price target to 1,613 (1,541) pence - 'buy' ---------- Citigroup cuts Berkeley price target to 3,710 (4,000) pence - 'neutral' ---------- Citigroup cuts Barratt Redrow price target to 506 (530) pence - 'buy' ---------- RBC raises Unilever price target to 4,000 (3,900) pence - 'underperform' ---------- FTSE 250 ---------- JPMorgan raises Man Group to 'overweight' (neutral) - price target 256 (209) pence ---------- Bank of America raises Kainos to 'buy' (underperform) - price target 1,290p (960p) ---------- Berenberg cuts Victrex price target to 695 (880) pence - 'hold' ---------- Deutsche Bank Research cuts Ocado price target to 310 (370) pence - 'buy' ---------- RBC cuts Moonpig price target to 300 (305) pence - 'outperform' ---------- Deutsche Bank Research raises Aberdeen price target to 245 (240) pence - 'buy' ---------- JPMorgan raises Aberdeen price target to 249 (242) pence - 'overweight' ---------- JPMorgan raises Ashmore price target to 144 (138) pence - 'underweight' ---------- JPMorgan raises Bridgepoint price target to 464 (424) pence - 'overweight' ---------- JPMorgan cuts Ninety One price target to 209 (222) pence - 'neutral' ---------- JPMorgan raises Quilter price target to 210 (189) pence - 'overweight' ---------- Jefferies raises Helios Towers price target to 254 (204) pence - 'buy' ---------- Bank of America raises SSP price target to 231 (218) pence - 'buy' ---------- Citigroup raises Vistry price target to 664 (601) pence - 'neutral' ---------- Citigroup raises Bellway price target to 3,100 (3,090) pence - 'buy' ---------- Citigroup cuts Taylor Wimpey price target to 143 (145) pence - 'buy' ---------- SMALL CAP ---------- Berenberg raises Applied Nutrition price target to 250 (215) pence - 'buy' ---------- Goldman Sachs raises ITM Power price target to 53 (51) pence - 'sell' ---------- Berenberg starts Rosebank Industries with 'buy' - price target 440 pence ---------- JPMorgan starts Magnum Ice Cream with 'neutral' - price target 14 EUR ---------- Bank of America raises Wise price target to 1054 (1051) pence - 'buy' ---------- Comments and questions to newsroom@alliancenews.comCopyright 2025 Alliance News Ltd. All Rights Reserved.</div></div>

RELX

Deutsche Bank Research upgraded Relx to 'buy' from 'hold', setting a new price target of 3,700 pence, down from 4,072 pence. This is part of a broader set of analyst recommendations affecting various London-listed shares, including changes by LBBW, Kepler Cheuvreux, Barclays, UBS, JPMorgan, Bank of America, Citigroup, RBC, Berenberg, and Jefferies.