Reduced its rating on Merrill Lynch BSkyB (UK)
The U.S. investment bank Merrill Lynch lowered its rating on British media giant BSkyB, from “buy” to “accumulate” while maintaining its price target to 950 pence. According to Merrill Lynch, the title would be impacted negatively by the MSCI index revision, scheduled for next November 30. At this time, the title BSkyB is trading at 880 pence, down 1%.
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