FTSE 100 movers: Fresnillo escapes the storm after JP Morgan hikes target

JPMorgan Cazenove has lifted its price target for Fresnillo from 965p to 1,030p and kept an 'overweight' rating, saying it continues to favour the Mexican precious metals producer over sector peer Hochschild ('neutral')."We estimate Fresnillo should continue to enjoy lower average costs, aided by the high-quality Saucito II and San Julian projects. Over the next 10 years, we estimate an average all-in sustaining cost of $13.5/oz for Fresnillo, versus $19.2/oz for Hochschild."Supermarket stocks also held up well with both WM Morrison and Sainsbury registering gains, albeit fairly modest ones. However, Tesco was lower on reports that it is planning on launching a High Street takeaway chain to be focused on the London market. Hargreaves Lansdown was hit by comments from Morgan Stanley, reducing their target price on the back of pricing pressure and concerns over its net interest income. ARM Holdings was also among the worst performing stocks today, with sentiment dampened by the Nasdaq sell-off in the US on Thursday evening.Airline rivals easyJet and IAG were flying lower after Heathrow's monthly traffic statistics revealed that 5.8m passengers passed through the London airport in March, down 2.8% on the year before.The retail sector was broadly lower despite upbeat results out from sector stalwart John Lewis Partnership which reported 15.7% sales growth in the week ended April 5th. High Street names such as Sports Direct, Marks & Spencer and Debenhams were all trading in the red.Mobile telecoms heavyweight Vodafone fell after saying it has taken full ownership of its Indian arm Vodafone India in two deals costing a total of £1bn. FTSE 100 - RisersMorrison (Wm) Supermarkets (MRW) 201.10p +1.93%Fresnillo (FRES) 908.00p +0.94%Resolution Ltd. (RSL) 278.50p +0.43%Unilever (ULVR) 2,633.00p +0.42%Antofagasta (ANTO) 831.50p +0.24%Sainsbury (J) (SBRY) 310.20p +0.19%Centrica (CNA) 334.00p +0.09%FTSE 100 - FallersHargreaves Lansdown (HL.) 1,239.00p -6.42%Ashtead Group (AHT) 869.50p -5.85%easyJet (EZJ) 1,670.00p -5.17%International Consolidated Airlines Group SA (CDI) (IAG) 392.60p -5.15%ARM Holdings (ARM) 952.50p -5.13%Sports Direct International (SPD) 775.00p -4.32%London Stock Exchange Group (LSE) 1,804.00p -4.30%ITV (ITV) 182.70p -3.89%Weir Group (WEIR) 2,478.00p -3.47%Johnson Matthey (JMAT) 3,123.00p -3.43%NR