Tuesday broker round-up - UPDATE

Cairn Energy: Oriel upgrades to add from hold.Tesco: Bank of America Merrill Lynch downgrades to neutral from buy. Marks & Spencer: Panmure Gordon reiterates hold and 307p target; Peel Hunt maintains hold and 350p target.Barclays: UBS cuts target from 215p to 199p, neutral rating unchanged.Royal Bank of Scotland: UBS cuts target from 28p to 25p, keeps buy recommendation.Schroders: UBS scales back target from 1,400p to 1,360p, neutral rating maintained.SSE: UBS cuts target from 1,370p to 1,340p, neutral recommendation kept.Reckitt Benckiser: Credit Suisse reduces target from 4,000p to 3,800p, keeps outperform rating.Morrisons: Credit Suisse keeps outperform rating and 340p target.Debenhams: Panmure Gordon upgrades from sell to hold, target left at 60p; Peel Hunt keeps buy rating and 80p target.Dunelm: Panmure Gordon keeps buy recommendation and 600p target; Peel Hunt maintains buy and 550p target.Hays: Panmure Gordon maintains hold and 60p target; Peel Hunt maintains buy and 80p target; Shore Capital keeps hold and 64p target.Interserve: Panmure Gordon keeps sell rating and 185p target; Peel Hunt keeps sell rating and 275p target.Ashtead: Credit Suisse initiates with neutral rating and 220p target.Misys: UBS reduces target from 285p to 245p, neutral rating unchanged.TalkTalk Telecom Group: Oriel Securities initiates coverages with a sell rating and 120p target.Balfour Beatty: Panmure Gordon reiterates buy and 310p target.Dolphin Capital Investors: Panmure Gordon keeps buy rating, target cut from 79p to 76p.Galliford Try: Panmure Gordon retains buy and 581p target.SIG: Panmure Gordon maintains buy and 165p target.Taylor Wimpey: Panmure Gordon keeps buy and 50p target.Rathbone Bros: Peel Hunt maintains buy and 1,270p target.The Restaurant Group: Panmure Gordon reiterates buy stance and 365p target; Peel Hunt reiterates buy and 332p target.Majestic Wine: Collins Stewart gives buy rating and 505p target.Game Group: Panmure Gordon halves target from 10p to 5p, hold rating unchanged; Peel Hunt keeps hold, 20p target under review.Topps Tiles: Peel Hunt upgrades from hold to buy, target left at 50p. Balfour Beatty Tesco Schroders Hays Galliford Try SSE Rathbone Dunelm Capricorn Energy PLC Dci Advisors Taylor Wimpey Topps Tiles