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Thursday broker round-up UPDATE

Thu, 03rd Oct 2013 08:21
Alternative Networks: Westhouse Securities downgrades to neutral with a target price of 350p.ARM Holdings: Credit Suisse moves target price from 1030p to 1050p and reiterates an outperform rating.Burberry Group: JP Morgan raises target price from 1450p to 1550p reiterating a neutral rating.Carnival: Jefferies reduces target price from 2200p to 2000p and keeps a hold recommendation.Dunelm Group: Deutsche Bank cuts target price from 960p to 935p staying with its hold recommendation.First Group: Investec places its target price (prev.: 130p) under review, while keeping its add recommendation.Fresnillo: RBC Capital upgrades to outperform with a target price of 1200p.Hochschild Mining: Westhouse Securities upgrades to buy with a target price of 200p.IMI: RBC Capital increases target price from 1400p to 1600p upgrading to outperform.Imperial Tabacco: JP Morgan cuts target price from 3067p to 2984p and retains a neutral rating.Lookers: Panmure Gordon upgrades from hold to buy with a target price of 140p.Mondi: Citi increases target price from 810p to 1100p upgrading from sell to neutral.Renold: N+1 Singer ups target price from 22p to 44p and upgrades from hold to buy.Robert Walters: Panmure Gordon downgrades from buy to hold with a target price of 387p.SABMiller: Credit Suisse reduces target price from 3800p to 3250p downgrading to neutral.Sainsbury: Nomura takes target price from 350p to 375p and maintains its neutral rating.Standard Chartered: Numis downgrades to hold with a target price of 1500p.Tate & Lyle: Deutsche Bank moves target price from 1050p to 1030p, while its buy recommendation is kept.Tesco: Nomura cuts target price from 400p to 370p retaining a neutral rating. JP Morgan lowers target price from 350p to 335p and stays with its underweight rating. Deutsche Bank shifts target price from 415p to 405p, while leaving its buy recommendation unaltered. Citi raises target price from 285p to 350p and upgrades from sell to neutral. Macquaries lowers target price from 400p to 390p and maintains an outperform rating.Unilever: Invectec reduces target price from 3000p to 2660p, while staying with its buy recommendation.Walker Greenbank: Investec initiates with a target price of 169p and a buy recommendation.Wolfson Microelectronics: JP Morgan cuts target price from 175p to 150p and leaves its neutral rating unchanged.Wolseley: Liberum Capital raises target price from 3500p to 3700p and retains a buy recommendation.

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