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Tuesday broker round-up

Tue, 21st Aug 2012 08:18

African Barrick Gold: Canaccord Genuity cuts target from 440p to 380p, hold rating kept.Amlin: Morgan Stanley keeps overweight and 414p target.Chemring: Citigroup downgrades to neutral, target lifted from 360p to 430p.CRH: Bernstein cuts target from 1,264p to 1,179p.Electrocomponents: Jefferies raises target from 190p to 240p, hold rating kept.Diageo: JPMorgan Cazenove raises target from 1,376p to 1,560p.Kazakhmys: Exane BNP Paribas cuts target from 900p to 700p, underperform rating kept.Lonmin: Morgan Stanley maintains equal weight rating and 945p target.Next: Goldman Sachs raises target from 2,500p to 2,600p, sell rating kept.Premier Farnell: Jefferies maintains buy rating and 230p target.Reed Elsevier: Citigroup raises target from 605p to 670p, buy rating kept.Severfield Rowen: Jefferies keeps hold rating and 168p target.Travis Perkins: Berenberg downgrades to sell.TUI Travel: Jefferies maintains buy rating and 300p target.WH Smith: Nomura keeps buy rating and 600p target.

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