Tuesday broker round-up UPDATE

African Barrick Gold: Investec lowers its target price from 526p to 405p, while upgrading from hold to buy.ARM Holdings: Morgan Stanley raises its target price from 725p to 911p, while downgrading to equal-weight. Investec ups target price from 800p to 900p and downgrades from buy to hold.Aurum Mining: WH Ireland starts with a target price of 4.70p and a speculative buy.Barclays: JP Morgan increases target price from 320p to 350p and retains an overweight rating.Burberry: Bank of America raises target price from 1260p to 1470p and upgrades to buy.Cable & Wireless Communications: Berenberg moves target price from 38p to 40p, while its hold recommendation remains unchanged.Capital Shopping Centres Group: Espirito Santo reduces target price from 328p to 320p and downgrades to sell.Carnival: Investec shifts target price from 2950p to 3000p staying with its buy recommendation.Centamin: Numis upgrades from add to buy.Chariot Oil & Gas: Seymour Pierce cuts target price from 31p to 26p and downgrades from hold to sell.Croda International: Bank of America ups target price from 2350p to 2500p staying with its buy recommendation.easyJet: Bank of America raises target price from 695p to 910p, while its neutral rating remains unchanged.Eland Oil & Gas: Northland Capital starts with a target price of 171p and a buy recommendation.Elementis: Bank of America initiates with an underperform rating.Essar Energy: Barclays Capital reduces target price from 180p to 170p maintaining an overweight rating.Evraz Group: Deutsche Bank lowers target price from 389p to 311p and reiterates a buy recommendation.Halfords Group: Investec takes target price from 360p to 385p keeping a buy rating.Hammerson: Espirito Santo increases its target price from 473p to 525p, while the neutral rating is kept.Hikma Pharmaceuticals: Jefferies raises target price from 890p to 900p and reiterates a buy recommendation.HSBC Holdings: Credit Suisse moves its target price from 700p to 750p, while the outperform rating is maintained. JP Morgan ups target price from 650p to 7725p and stays with its overweight rating.InterContinental Hotels Group: Panmure Gordon raises target price from 1670p to 1724p and reiterates a hold rating.Interserve: UBS takes its target price from 315p to 345p retaining a sell rating.ITV: UBS increases target price from 110p to 145p and still recommends to buy.Johnson Matthey: Bank of America raises target price from 2375p to 2500p keeping a neutral rating.Lancashire: Credit Suisse upgrades from neutral to outperform.Lavendon: Panmure Gordon shifts target price from 160p to 164p and downgrades from buy to hold.Lloyds Banking Group: JP Morgan takes target price from 38p to 55p and upgrades to neutral.Mears Group: Investec increases target price from 325p to 400p maintaining a buy recommendation.Moss Bross: Seymour Pierce ups target price from 55p to 65p keeping its hold rating.New World Resources: Bank of America lowers target price from 175p to 155p, while its underperform rating remains unchanged.Pearson: UBS moves target price from 1450p to 1500p and stays with its buy recommendation.Pennon Group: Societe Generale starts with a target price of 696p and a hold recommendation.Redefine International: Investec shifts its target price from 36p to 38p staying with buy rating.Rialto Energy: Investec moves its target price from 12.64p to 13p and upgrades from hold to buy.Royal Bank of Scotland: Credit Suisse raises target price from 220p to 250p, while reiterating an underperform rating. JP Morgan increases its target price from 270p to 415p and upgrades to overweight.Segro: Barclays Capital cuts target price from 311p to 270p and downgrades from overweight to equal-weight.Severn Trent: Societe Generale initiates with its target price at 1504p and a hold rating.Smith & Nephew: Barclays Capital takes price target from 665p to 717p, while its equal-weight rating is kept.Standart Chartered: Credit Suisse ups target price from 1340p to 1400p and retains an underperform rating. JP Morgan increases target price from 1800p to 1900p, while keeping an overweight rating.Synthomer: Bank of America moves target price from 193p to 220p, while its buy recommendation is unchanged.Tullow Oil: Deutsche Bank reduces target price from 1120p to 1105p and keeps a hold rating.UBM: UBS raises target price from 660p to 720p keeping a neutral rating.United Utilities: Societe Generale starts with a target price of 779p and recommends to buy.WANdisco: Panmure Gordon ups target price from 537p to 565p, while downgrading from buy to hold.WPP Group: Liberum Capital increases target price from 1100p to 1180p and maintains a buy recommendation.