BPTY.L Share News (BPTY)

Jefferies has raised its recommendation for chip designer ARM Holdings from 'hold' to 'buy' and lifted its target price from 805p to 1,300p, saying that the business looks well-positioned for the mid-to-long term.Jefferies expects ARM's earnings growth - at a three-year compound annual growth rate of 40% - "to continue largely unperturbed through 2013-2016".Credit Suisse has trimmed its estimates for supermarket group Morrison despite an in-line 2012, saying that it is looking for evidence of sustained momentum. A 'neutral' rating and 255p target price have been maintained for the stock, with Credit Suisse saying that the shares look fair value."Now should be Morrison's time. The meat scare and strong brand advertising should play to Morrison's vertical integration and provenance strengths. And its efficiency initiatives are on-track. However, EPS momentum is weak and execution, online, and c-stores remain a drag," the broker said.Full-year results from online gaming firm bwin.party digital entertainment came in below forecasts on Friday morning, but Daniel Stewart & Company has kept its 'buy' rating and 173p target price for the stock."We recently moved to a buy recommendation given the news out of New Jersey [that it has legalised online gambling] and we are sticking with this recommendation, however we maintain investors should be aware of possible German risk [after new gaming taxes] to the business."BC