Friday broker round-up UPDATE



LONDON (ShareCast) - Aggreko (LSE: AGK.L - news) : HSBC (LSE: HSBA.L - news) upgrades to neutral with a target price of 1650p.

Anglo American (LSE: AAL.L - news) : HSBC ups target price from 1950p to 2240p and upgrades to overweight.

Antofagasta (Other OTC: ANFGY - news) : HSBC reduces target price from 1200p to 1160p, while upgrading to neutral.

ARM Holdings (LSE: ARM.L - news) : Credit Suisse (NYSE: CRP - news) increases target price from 780p to 1130p and upgrades from neutral to outperform. Goldman Sachs (NYSE: GS-PB - news) moves target price from 1000p to 1250p leaving its buy recommendation unchanged.

Ashmore Group (Other OTC: AJMPF - news) : Numis upgrades to add with a target price of 380p.

Barclays (LSE: BARC.L - news) : Societe Generale (Paris: FR0000130809 - news) ups target price from 255p to 335p and keeps a buy rating.

Beazley (LSE: BEZ.L - news) : Nomura raises target price from 212p to 234p and maintains its buy recommendation.

Bellway (LSE: BWY.L - news) : Deutsche Bank (Xetra: 514000 - news) shifts target price from 1186p to 1188 reiterating a hold recommendation.

BHP Billiton (NYSE: BBL - news) : HSBC takes target price from 1980p to 2250p, while leaving its neutral rating unchanged.

BP (LSE: BP.L - news) : HSBC moves target price from 530p to 550p, while staying with its overweight rating.

Borders & Southern: After having reviewed its target price (prev.: 71.90p), Merchant Securities raises it to 86.60p maintaining a buy rating.

BT Group (LSE: BT-A.L - news) : Oriel Securities increases target price from 310p to 330p maintaining a buy recommendation.

Daily Mail and General Trust: Citigroup (NYSE: C - news) takes target price from 645p to 725p and stays with its buy recommendation.

Dairy Crest Group: JP Morgan moves target price from 450p to 455p keeping an overweight rating. UBS (Xetra: UB0BL6 - news) revises target price from 360p to 390p and reiterates a neutral rating.

Devro (LSE: DVO.L - news) : Societe Generale raises target price from 380p to 410p.

Dunelm Group (LSE: DNLM.L - news) : Deutsche Bank increases target price from 675p to 740p, while its hold recommendation is unchanged. Panmure Gordon ups target price from 802p to 886p and leaves its buy rating unaltered.

Experian (Other OTC: EXPGF - news) : UBS takes target price from 1040p to 1300p upgrading to buy.

ICAP (LSE: IAP.L - news) : Barclays raises target price from 370p to 390p and reiterates an overweight rating. JP Morgan ups target price from 324p to 409p maintaining a neutral rating. UBS moves target price from 290p to 330p and stays with a neutral rating.

Imperial Tabacco Group: Investec (LSE: INVP.L - news) reduces target price from 2580p to 2450p and downgrades from buy to hold.

Land Securities Group: Barclays upgrades to overweight.

Lonmin (LSE: LMI.L - news) : Credit Suisse revises target price from 320p to 350p, while downgrading from outperform to neutral.

Ocado Group (Other OTC: OCDGF - news) : Exane BNP shifts target price from 140p to 145p and keeps an outperform rating.

Premier Farnell (LSE: PFL.L - news) : UBS upgrades to neutral with a target price of 155p.

Punch Taverns (LSE: PUB.L - news) : Barclays ups target price from 10p to 16.50p upgrading from equal-weight to overweight.

Rathbose Brothers: Numis upgrades to hold with a target price of 1200p.

Reckitt Benckiser (LSE: RB.L - news) : Investec increases target price from 3600p to 4260p and leaves its hold recommendation unchanged. Panmure Gordon moves target price from 3975p to 4130p maintaining a hold rating.

Rio Tinto (Xetra: 855018 - news) : HSBC revises target price from 3620p to 4180p, while keeping an overweight rating.

Smiths & Nephew: Credit Suisse ups target price from 690p to 725p reiterating a neutral rating. UBS revises target price from 1250p to 1300p, while leaving its buy recommendation unaltered.

Thomas Cook Group: Morgan Stanley (Xetra: 885836 - news) raises target price from 60p to 100p retaining an overweight rating. UBS takes target price from 75p to 100p, while its buy rating is reiterated. Oriel Securities upgrades to buy. HSBC increases target price from 85p to 100p and is maintaining an overweight rating.

TUI Travel (LSE: TT.L - news) : Barclays shifts target price from 320p to 325p and keeps an overweight rating. Deutsche Bank takes price target from 265p to 275p leaving its hold recommendation unaltered.

UBM (LSE: UBM.L - news) : JP Morgan lowers target price from 800p to 770p downgrading to neutral.

Vedanta Resources (Other OTC: VDNRF - news) : HSBC increases target price from 1000p to 1310p and retains a neutral rating.

Vodafone (LSE: VOD.L - news) : Deutsche Bank cuts target price from 175p to 173p and stays with its hold recommendation. Nomura stays at hold. Bank of America-Merrill Lynch shifts target price from 200p to 215p and upgrades to buy from neutral.

WANdisco (Other OTC: WANSF - news) : Panmure Gordon ups target price from 565p to 763p and upgrades from hold to buy.

Weir Group: UBS raises target price from 2000p to 2300 keeping a buy recommendation.

Workspace Group (LSE: WKP.L - news) : Seymour Pierce increases target price from 330p to 375p and reiterates a buy recommendation.

Xstrata (Other OTC: XSRAF - news) : HSBC cuts target price from 1290p to 1250p and downgrades to neutral.