Punch Taverns PLC Share News (PUB)

AdEPT Telecom: WH Ireland moves target price from 170p to 185p, keeping its buy recommendation. Northland moves target price from 165p to 175p and maintains a buy recommendation.Betfair: JP Morgan raises target price from 1175p to 1350p and upgrades from neutral to overweight.BHP Billiton: JP Morgan reduces target price from 2180p to 2080p and maintains a neutral rating.Blinkx: Numis downgrades from buy to add with a target price of 33p.Croda International: Numis raises target price from 2178p to 2672p and upgrades from hold to add.esure Group: Canaccord cuts target price from 280p to 220p and leaves its buy recommendation unchanged.Experian: Jefferies cuts target price from 1260p to 1200p, staying with its buy recommendation.Fenner: FinnCap lowers target price from 315p to 290p and maintains a hold recommendation. Credit Suisse raises target price from 405p to 640p, while downgrading to neutral.Halfords Group: UBS cuts target price from 525p to 510p and reiterates a neutral rating.HSBC Holdings: Credit Suisse raises target price from 550p to 610p, while leaving its underperform rating unaltered.Investec: Deutsche Bank ups target price from 555p to 590p and keeps a buy recommendation.Lancashire: Canaccord reduces target price from 635p to 545p, retaining a hold recommendation.Liontrust Asset Management: N+1 Singer ups target price from 260p to 295p and retains its buy recommendation.Man Group: JP Morgan raises target price from 105p to 137p and upgrades from underweight to neutral.Morgan Advanced Materials: Investec moves target price from 335p to 345p and keeps its buy recommendation.National Grid: UBS increases target price from 780p to 880p and maintains a neutral rating.Optimal Payments: Berenberg raises target price from 520p to 655p and keeps a buy recommendation.Oxford Instruments: Investec places both its target price (prev.: 1405p) and its buy recommendation under review.Punch Taverns: Deutsche Bank increases target price from 5p to 180p, upgrading from sell to hold.Redrow: Deutsche Bank lowers target price from 331p to 327p and leaves its hold recommendation unchanged.Rio Tinto: Deutsche Bank ups target price from 4640p to 4658p, staying with its buy recommendation.SABMiller: Investec reduces target price from 3650p to 3500p and maintains its sell recommendation.Schroders: RBC Capital ups target price from 2700p to 2750p and reiterates an outperform rating.Serco Group: Deutsche Bank reduces target price from 300p to 204p and retains a hold recommendation. Canaccord reduces target price from 300p to 130p and downgrades from hold to sell.SSE: Credit Suisse raises target price from 1600p to 1700p, maintaining an outperform rating.Stock Spirits: Numis initiates with a target price of 315p and a buy recommendation.UBM: Canaccord shifts target price from 620p to 625p and keeps a buy recommendation.Vedanta Resources: JP Morgan reduces target price from 1030p to 960p and keeps a neutral rating.