Broker tips: Schroders, Reckitt Group, Jet2
Numis has trimmed its target price for Schroders from 380.0p to 365.0p on Thursday after first-quarter results from the asset management firm were "a little weaker than expected".
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Numis has trimmed its target price for Schroders from 380.0p to 365.0p on Thursday after first-quarter results from the asset management firm were "a little weaker than expected".
US drugmaker Bristol Myers Squibb on Thursday announced plans to cut its workforce by 6% as part of a $1.5bn cost-savings programme, as it reported better-than-expected results for the first quarter.
Consumer goods giant Reckitt Benckiser said on Wednesday that it was on track to deliver its full-year revenue and profit targets as it posted a rise in first-quarter like-for-like net sales.
Croda backed its full-year profit guidance on Wednesday despite a decline in first-quarter sales, as it hailed an "encouraging" start to the year for the consumer care business.
Economic activity in the U.S. slowed last month, the results of two closely followed surveys revealed.