Tuesday broker round-up UPDATE

ARM Holdings: Goldman Sachs cuts target price from 1500p to 1450p and keeps a buy recommendation.Ashtead Group: Investec increases target price from 800p to 1100p and keeps a buy recommendation.Babcock International: Investec cuts target price from 1385p to 1377p, while upgrading to buy.Beazley: Westhouse Securities upgrades from neutral to add with a target price of 275p.Berkeley Resources: Numis initiates with a target price of 35p and a buy recommendation.Blur Group: Liberum Capital reduces target price from 700p to 600p, while leaving its buy recommendation unchanged.Catlin Group: Westhouse Securities upgrades from sell to neutral with a target price of 500p.Circassia: JP Morgan initiates with a target price of 390p and an overweight rating.Diageo: JP Morgan reduces target price from 1825p to 1780p and maintains a neutral rating.Evraz: JP Morgan cuts target price from 116p to 90p, while upgrading from underweight to neutral.Ferrexpo: Deutsche Bank shifts target price from 348p to 350p and retains a buy recommendation.First Group: Investec lowers target price from 160p to 151p, while staying with its buy recommendation.Hiscox: JP Morgan raises target price from 559p to 631p and reiterates a neutral rating.Lamprell: Citi ups target price from 160p to 200p upgrading from neutral to buy.Lancashire Holdings: Westhouse Securities upgrades from neutral to add with a target price of 790p.Mulberry Group: Nomura reduces target price from 800p to 700p and stays with its neutral rating.Pets At Home: Nomura initiates with a target price of 245p and a buy recommendation. Goldman Sachs starts with a target price of 242p and a buy recommendation.Poundland Group: Credit Suisse initiates with a target price of 400p and a neutral rating. JP Morgan starts with a target price of 375p and a neutral rating.Randall & Quilter: Numis upgrades from add to buy with a target price of 165p.Sepura: Westhouse Securities upgrades from add to buy with a target price of 160p.Sirius Petroleum: Cantor Fitzgerald initiates with a target price of 7.5p and a buy recommendation.