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Monday broker round-up - UPDATE

Mon, 08th Oct 2012 08:03

AMEC: Investec keeps buy rating and 1,300p target.Aquarius Platinum: Panmure Gordon keeps buy rating and 163p target.BAE Systems: Societe Generale upgrades to hold, target lifted from 300p to 350p.British American Tobacco: Nomua raises target from 3,500p to 3,506p, buy rating kept.BSkyB: Nomura keeps buy rating and 950p target.Burberry: Seymour Pierce keeps hold rating.Cairn Energy: Jefferies keeps buy rating and 385p target.Cookson: Investec keeps buy rating, target put under review.Cranswick: Panmure Gordon keeps hold rating and 875p target; Investec keeps buy rating and 920p target.Daisy Group: Jefferies keeps buy rating and 140p target.Dechra Pharmaceuticals: Panmure Gordon raises target from 525p to 550p, hold rating kept.easyJet: Deutsche Bank upgrades to buy, target lifted from 635p to 745p.Imperial Tobacco: Nomura downgrades from neutral to reduce, target cut from 2,230p to 2,166p.Johnson Matthey: AlphaValue upgrades from sell to reduce.KCOM: HB Markets initiates coverage with hold rating.Lloyds: Investec maintains hold rating and 36p target.London & Stamford: Seymour Pierce maintains hold rating; Investec raises target from 119p to 117p, buy rating kept.Michael Page International: Seymour Pierce reiterates sell rating and 320p target; Investec keeps hold rating and 360p target.Mondi: Credit Suisse upgrades to outperform, target lifted from 635p to 780p.Morrison: Panmure Gordon keeps sell rating and 240p target.Persimmon: Panmure Gordon maintains hold rating and 696p target.Reed Elsevier: Investec keeps buy rating and 725p target.Sainsbury: Panmure Gordon keeps buy rating and 400p target.SSE: AlphaValue downgrades from add to reduce.Sportech: Panmure Gordon keeps buy rating and 71p target.Tesco: AlphaValue upgrades from add to buy; Panmure Gordon keeps buy rating and 440p target.WANdisco: Panmure Gordon downgrades from buy to hold, target lifted from 334p to 359p.WH Smith: Seymour Pierce keeps buy rating and 680p target.Zetar: Merchant Securities downgrades from buy to hold, target cut from 324p to 297p.BC

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