Friday broker round-up

African Barrick Gold: Investec cuts target from 530p to 526p, hold rating kept.APR Energy: UBS cuts target from 600p to 530p, sell rating unchanged; Jefferies cuts target from 850p to 625p, hold rating kept.ASOS: Deutsche Bank downgrades to hold; Nomura ups target from 1,930p to 2,000p, neutral rating kept.Barratt Developments: Panmure Gordon downgrades to hold, 190p target kept.Berendsen: Panmure Gordon downgrades to hold, 582p target kept; Investec lifts target from 570p to 595p, buy rating kept; Chariot Oil & Gas: Merchant Securities keeps hold rating.Debenhams: Exane BNP Paribas downgrades to neutral, target lifted from 110p to 120p; Societe Generale upgrades to buy, target lifted from 105p to 133p; Nomura ups target from 105p to 120p, neutral rating kept.Drax: Societe General upgrades to hold, target lifted from 498p to 527p; Bank of America ML upgrades to buy, target lifted from 510p to 660p.Elementis: Numis downgrades to hold, target cut from 231p to 220p.GKN: Jefferies keeps buy rating and 275p target.Hargreaves Lansdown: HSBC initiates coverage with underweight rating.Johnson Matthey: Numis downgrades to hold, target cut from 2,467p to 2,369p.Laird: Investec cuts target from 225p to 220p, hold rating kept.Pearson: Investec keeps hold rating and 1,240p target.Providence Resource: Numis downgrades to hold.Provident Financial: RBC Capital Market upgrades to outperform, target lifted from 1,400p to 1,600p.Senior: Investec cuts target from 225p to 215p, buy rating kept.Taylor Wimpey: Panmure Gordon downgrades to hold, 58p target kept.Valiant Petroleum: N+1 Singer downgrades to sell, 414p target kept.WPP: Nomura cuts target from 1,030p to 980p, buy rating kept.Zoteoams: N+1 Singer downgrades to hold, 200p target retained; Investec raises target from 192p to 240p, buy rating kept.BC