ITV gives FTSE a boost

ITV gained 4.33% to 102.50p, having started the day on the back foot, on persistent bid talk and a strong analyst presentation following its interim report. British Airways rose 3.11% to 390p after Swiss broker UBS issued a bullish note lifting its price target to 500p from 420p. Barclays gained 1.74% to 644p after Deutsche Bank raised its price target to 750p from 710p previously, arguing the shares currently look cheap. Scottish Power also rose 1.59% to 607.50p, National Grid advanced 0.98% to 620p and International Power gained 2.60% to 306.25p. On the downside, Xstrata fell ...