Tuesday broker round-up UPDATE

Abcam: Numis cuts target price from 560p to 510p downgrading from add to hold.Amlin: Deutsche Bank shifts target price from 484p to 491p and keeps a hold recommendation.Arrow Global: Canaccord Genuity shifts target price from 300p to 309p maintaining a buy recommendation. Numis moves target price from 270p to 285p retaining its add rating.Ashmore Group: RBC Capital cuts target price from 325p to 310p and stays with its underperform rating.Ashtead Group: Jefferies ups target price from 1000p to 1050p maintaining a buy recommendation. Panmure Gordon raises target price from 971p to 1047p keeping a buy recommendation.Berendsen: Panmure Gordon takes target price from 917p to 982p and keeps a hold recommendation. Credit Suisse ups target price from 1100p to 1125p reiterating an outperform rating.Devro: Panmure Gordon downgrades from buy to hold with a target price of 350p. Investec places both its target price (prev.: 343p) and its buy recommendation under review.Gemfields: JP Morgan shifts target price from 36p to 37p retaining a neutral rating.Glencore Xstrata: Investec places both its target price (prev.: 327p) and its reduce rating under review.Hellermann Tyton: JP Morgan moves target price from 360p to 370p and stays with its overweight rating.Henderson Group: RBC Capital raises target price from 230p to 280p upgrading to outperform. Numis moves target price from 200p to 210p, while downgrading from hold to reduce.Heritage Oil: Citi raises target price from 165p to 315p, while its neutral rating is kept.Hochschild Mining: Westhouse Securities downgrades from buy to neutral with a target price of 185p.International Personal Finance: Citi lowers target price from 700p to 680p, while staying with its buy recommendation.Intertek Group: JP Morgan reduces target price from 3240p to 3165p and reiterates a neutral rating.ISG: Numis increases target price from 240p to 345p and keeps an add rating.James Fisher: Panmure Gordon raises target price from 1000p to 1300p, while downgrading from buy to hold. Investec increases target price from 1150p to 1450p, while downgrading to add.Jupiter Fund Management: RBC Capital moves target price from 415p to 445p maintaining its outperform rating.Just Retirement Group: Espirito Santo shifts target price from 290p to 295p maintaining a buy recommendation.Laird: Liberum Capital takes target price from 330p to 350p and retains a buy recommendation.Medusa Mining: Cantor Fitzgerald increases target price from 190p to 222p and reiterates its buy recommendation.Menzies: Numis lowers target price from 774p to 761p, while upgrading to add.Pace: Jefferies raises target price from 338p to 467p and keeps a buy recommendation.Pearson: UBS reduces target price from 1400p to 1200p, while its buy recommendation remains unchanged.Petrofac: Investec ups target price from 1410p to 1475p and retains a buy recommendation.Prudential: JP Morgan increases target price from 920p to 1028p, while leaving its underweight rating unaltered.Quintain Estates Development: JP Morgan ups target price from 110p to 130p and maintains an overweight rating.Rentokil Initial: Barclays ups target price from 117p to 143p and maintains an overweight rating.Resolution: JP Morgan shifts target price from 368p to 370p and keeps a neutral rating.Rightmove: Nomura raises target price from 2900p to 3000p and retains its buy recommendation.Robert Walters: Panmure Gordon ups target price from 314p to 325p staying with its hold recommendation.Rotork: Investec places both its target price (prev.: 3000p) and its buy recommendation under review.Royal Mail: Credit Suisse initiates with a target price of 530p and an underperform rating.SDL: Panmure Gordon raises target price from 336p to 410p upgrading from hold to buy.Smiths News: JP Morgan lowers target price from 236p to 221p, while maintaining an overweight rating.St James's Place: Deutsche Bank increases target price from 810p to 970p and maintains a buy recommendation.Synthomer: Numis ups target price from 257p to 300p upgrading to add.Tesco: Cantor Fitzgerald cuts target price from 333p to 282p downgrading to sell.Tullett Prebon: Numis downgrades to reduce with a target price of 295p.Ultra Electronics: Deutsche Bank moves target price from 1750p to 1765p keeping a hold recommendation.William Hill: Barclays ups target price from 375p to 393p staying with its equal-weight rating. Canaccord Genuity shifts target price from 408p to 412p and leaves its hold recommendation unaltered.Whitbread: Numis raises target price from 4000p to 4300p and retains a hold recommendation.WPP Group: Westhouse Securities reduces target price from 1700p to 1577p, while its buy recommendation remains unchanged. JP Morgan cuts target price from 1583p to 1552p and retains an overweight rating.