Brown Group Share News (BWNG)

Associated British Foods: Panmure Gordon keeps hold rating and 1,300p target.Balfour Beatty: Goldman Sachs downgrades to neutral, target cut from 330p to 322p.BG Group: Deutsche Bank downgrades to hold, target cut from 1,700p to 1,350p; Liberum Capital downgrades to hold.British Sky Broadcasting: Investec upgrades to buy, target lifted from 800p to 850p.Burberry: Seymour Pierce raises target from 1,250p to 1,500p, buy rating kept.bwin.party digital entertainment: Panmure Gordon keeps buy rating and 165p target.C&W Communications: Jefferies maintains hold rating and 35p target.Cookson: Deutsche Bank downgrades to hold, 600p target kept.Croda: Deutsche Bank downgrades to hold, target cut from 2,750p to 2,350p; Credit Suisse upgrades to neutral, 2,100p target kept.Dixons Retail: AlphaValue downgrades from buy to add.Endace: Panmure Gordon keeps buy rating and 552p target.Faroe Petroleum: Panmure Gordon cuts target from 218p to 205p, buy rating kept.FirstGroup: Panmure Gordon keeps hold rating and 230p target.Galliford Try: Panmure Gordon keeps hold rating and 700p target.Halfords: Seymour Pierce raises target to 390p, buy rating kept.HSBC: AlphaValue downgrades from add to reduce.InterContinental Hotels: Panmure Gordon keeps hold rating and 1,670p target.JD Wetherspoon: Panmure Gordon keeps buy rating and 520p target.Jupiter Fund Management: Barclays Capital upgrades to overweight, target lifted from 245p to 310p.Lloyds: Nomura raises target from 35p to 37p, reduce rating kept.Marks & Spencer: Seymour Pierce keeps hold rating and 325p target.Meggitt: Jefferies keeps hold rating and 300p target.Micro Focus: UBS downgrades to neutral, target left at 600p.Millennium & Copthorne: Panmure Gordon keeps sell rating and 353p target.Morrisons: Morgan Stanley downgrades to underweight, target cut from 305p to 255p.N Brown: Jefferies raises target from 280p to 380p, buy rating kept.Pennon: Deutsche Bank downgrades to hold, target cut from 800p to 718p.Playtech: Panmure Gordon keeps hold rating and 407p target.Regenersis: Panmure Gordon keeps buy rating and 159p target.Restaurant Group: Jefferies raises target from 380p to 430p, buy rating kept. Royal Dutch Shell: Jefferies reiterates buy rating and 2,450p target.Ryanair: Panmure Gordon keeps buy rating and €5 target.Smith & Nephew: Investec keeps hold rating and 670p target.Spirent Communications: Panmure Gordon keeps buy rating and 188p target.Sportech: Panmure Gordon keeps buy rating and 71p target.Tate & Lyle: Panmure Gordon keeps hold rating and 690p target.Tullow Oil: JPMorgan Cazenove upgrades to overweight.Weir: Jefferies downgrades from buy to hold, target cut from 2,185p to 1,900p.