Brokers are downgrading shares in Cadbury Schweppes to reflect lower-than-expected value from a sale or demerger of the company’s US drinks division. Lehman Brothers cut its rating to “overweight” from “equal weight” and warned that the company could become a takeover target is it fails to achieve its financial aims. Shares closed at 586p, 1.2% higher. Financial Times 1/9/07 page 32 (The Week, Companies & Markets) The Daily Telegraph 1/9/07 page 35 (The Market, Business) The Guardian 1/9/07 page 36 (Market Forces, Financial) The Independent page 50 (Market Report, Business)