StockMarketWire.com - Credit Suisse has switched to a neutral stance on Acacia Mining [LON:ACA] - previously rated outperform - after reviewing the events since the export ban was imposed by the Tanzanian government, which it said is far from being resolved.

The Swiss bank said: "The company has acknowledged that the status quo cannot continue past the end of this quarter and therefore with the future being so binary on a resolution, we reduce to a Neutral rating and lower our TP to £2 [from £6]."

Meanwhile, Liberum Capital upgraded its recommendation on Paypoint [LON:PAY] to buy from hold on the back of the payment service provider's Annual General Meeting statement, which guides to inline trading.

The broker commented: "The legacy terminal charge is in effect, and has not had a material impact on customers and PayPointOne roll-out has good velocity."

Liberum has a 980 pence target price in place.




At 3:12pm:

[LON:ACA] Acacia Mining Plc share price was -9.7p at 159.3p

[LON:PAY] PayPoint PLC share price was +4.75p at 864.75p



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