Patience is a virtue, points out Morgan Stanley as it keeps its 'overweight' rating and 1,500p target price on oil explorer Tullow.

Royal Bank of Scotland (RBS) has mulled over the record numbers announced by oil and gas plant provider Petrofac and determined that they warrant an upgrade in the broker's rating of the stock.

Royal Bank of Scotland (RBS) has mulled over the record numbers announced by oil and gas plant provider Petrofac and determined that they warrant an upgrade in the broker's rating of the stock.

Nomura has raised its 2011-2012 earnings forecasts for Inmarsat after the satellite operator's strong fourth quarter results, though the upgrade was largely to reflect the strengthening of the US dollar against the pound.

Goldman Sachs has put its rating and price target on Shanks under review after the waste group ended talks with private equity group Carlyle about a possible offer.

Shares in Chilean copper miner Antofagasta dipped on Tuesday after the earnings came in a tad below consensus and the dividend disappointed, but the company remains the 'best copper pure play stock' on the London Stock Exchange, according to Ambrian.

Results from social housing maintenance specialist Mears held few surprises, according to KBC Peel Hunt, but 'the outlook statement remains positive across the key operations,' the broker said.

Shares in Chilean copper miner Antofagasta dipped after the earnings came in a tad below consensus and the dividend disappointed, but the company remains the 'best copper pure play stock' on the London Stock Exchange, according to Ambrian.

Japanese broking house Nomura Securities remains a buyer of Tullett Prebon shares after the inter-dealer broker announced a solid set of results for 2009 this week.

'Buy on weakness' is the recommendation of Panmure Gordon which remains a fan of AstraZeneca even after the company announced a disappointing trial result for its lung cancer treatment Recentin.

'Buy on weakness' is the recommendation of Panmure Gordon which remains a fan of AstraZeneca even after the company announced a disappointing trial result for its lung cancer treatment Recentin.

Results from Intertek were slightly ahead of expectations, according to Charles Stanley, which has a 'hold' recommendation on the product quality and safety tester.

Petrofac was the best performing blue-chip stock on Monday morning after the oil fabrications giant reported results that were ahead of expectations.

Michael Page fell back Friday following a mixed response to an 85% slump in profits at the recruiter last year.

Michael Page fell back Friday following a mixed response to an 85% slump in profits at the recruiter last year.

Nomura has cut its target price on engineer Amec but still prefers the stock over fellow engineering-focused company Wood Group.

Last year was a difficult one for the shipping sector, hit by the recession, low freight rates and overcapacity, but Charles Stanley sees more optimism in 2010.