Friday broker round-up -UPDATE

Anglo American: Deutsche Bank cuts target price from 2600p to 2520p and reiterates a buy rating.Atkins: JP Morgan Cazenove reduces target price from 862p to 859p, overweight rating maintained.Bodycote: Investec raises target price from 400p to 410p, buy recommendation remains unchanged.Brammer: Investec reduces target price from 335p to 300p, buy rating kept.Centrica: Credit Suisse cuts target price from 330p to 325p and reiterates a neutral rating.Cobham: Investec reduces target price from 200p to 190p, hold recommendation maintained.Compass Group: Deutsche Bank raises target price from 740p to 760p, buy recommendation remains unchanged.Cookson Group: UBS raises target price from 575p to 605p, neutral rating maintained.Great Portland Estates: UBS raises target price from 455p to 475p, neutral rating reiterated.Halfords Group: Panmure Gordon moves target price from 350p to 400p and upgrades from hold to buy.Halma: UBS raises target price from 350p to 375p, sell recommendation kept.HSBC Holdings: Credit Suisse raises target price from 610p to 700p, outperform recommendation maintained.Invensys: Deutsche Bank raises target price from 220p to 230p, hold recommendation unchanged.Matchtech: Seymour Pierce upgrades from add to buy, target price of 260p kept.Melrose: Investec reduces target price from 270p to 260p, buy rating unchanged. Panmure Gordon lowers its target to 225p from 270p, retains hold. Morrison: UBS reduces target price from 340p to 270p and downgrades to neutral.Next: Credit Suisse initiates with a target price of 4200p and an outperform recommendation.Pennon Group: Nomura cuts target price from 730p to 710p, neutral rating kept. UBS reduces target price from 740p to 680p, neutral rating remains unchanged. JP Morgan Cazenove cuts target price from 780p to 670p, overweight rating remains unchanged. Credit Suisse reduces target price from 690p to 650p and upgrades from underperform to neutral. Deutsche Bank moves target price from 720p to 650p, hold recommendation kept.Premier Oil: Deutsche Bank reduces target price from 585p to 565p, buy recommendation reiterated.REXAM: Deutsche Bank raises target price from 480p to 500p and maintains a buy recommendation.Savills: UBS raises target price from 400p to 420p, neutral rating unchanged.Serco Group: Panmure Gordon upgrades from hold to buy, target price of 630p kept.Signet Jewelers: Deutsche Bank raises target price from 3800p to 3860p, buy recommendation maintained.Spirent Communications: JP Morgan Cazenove reduces target price from 164p to 153p, neutral rating unchanged.Tesco: Oriel upgrades to hold, raises target to 325p from 280p. UNITE Group: JP Morgan Cazenove raises target price from 280p to 320p and keeps overweight rating.Xstrata: RBC downgrades to sector perform.