1032 GMT [Dow Jones] Merchant Securities upgrades SThree (STHR.LN) to hold from sell. The shares have fallen since June's trading update, taking its share price into line with Merchant's lowered price target of 250p. Merchant says SThree was last into the downturn and its first-half results suggest it will be last out. It says SThree's recovery is lagging some way behind that of other staffing majors. 250p price target. Shares -1.4% at 251.5p. (
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[email protected] (END) Dow Jones Newswires July 21, 2010 06:32 ET (10:32 GMT)