The share price of caterer Compass Group was looking decidedly soggy Thursday morning after a disappointing interim management statement but broker Charles Stanley reckons the share price fall makes the case for purchasing the shares even more compelling."The share price has reacted adversely to the Q3 update but we believe that the only disappointment with the update is that we will not be upgrading our profit forecasts," Charles Stanley analyst Tony Shepard said.Charles Stanley believes the current share price does not reflect the improvement in margins the group has achieved over the past three years, and the improved cash generation."In terms of the outlook for 2010, the economic headwinds will remain challenging so revenue growth will be flat but the group is optimistic of driving further margin improvements across the business," the broker notes.Charles Stanley has a price target of 400p for the stock. Yellow Pages owner Yell Group tops the list of risers among FTSE 250 companies after the group said revenue and earnings in the second quarter of 2009 were slightly ahead of guidance, but broker Cazenove is refusing to get carried away.Cazenove has retained its "in-line" recommendation and does not expect to make any material changes to its full year forecasts following Thursday morning's first quarter trading update. "Reflecting the continued trading uncertainty and execution risk with regards to the re-financing we remain on an in line recommendation," the broker said.Partygaming's acquisition of online bingo specialist Cashcade has got the thumbs up from brokers but it may be bad news for rival online gaming firm 888."The deal is negative for 888, as Cashcade is a major client for 888's software and 888 potentially loses this relationship," notes Nick Batram of broker KBC Peel Hunt. "However, we would regard any significant sell-off of 888 as a buying opportunity," Batram adds.KBC estimates that the acquisition will enhance current year's earnings by about 4%, pushing profit before tax up to about £99m and earnings per share to about 21p. Next year, KBC sees the deal giving a 10% boost to earnings.Broker Daniel Stewart also likes the deal but thinks Cashcade's deal with 888 will remain in place, which will limit the opportunities for synergies."We continue to expect further industry consolidation and robust trading from PartyGaming, with considerable potential positive catalysts from European and US regulatory issues," Daniel Stewart said.The broker has upped its price target for PartyGaming to 366p from 339p and reiterated its "buy" recommendation.