UPDATE: Friday broker round-up

HSBC/Standard Chartered: Citi chief economist William Buiter argues today that: "World trade is set for a prolonged boom and a marked transformation. Transaction banking and trade finance should track the direction of trade and economic growth in the long term. (...) Standard Chartered and HSBC should be among the "winners" in transaction banking."RBS: J.P. Morgan reiterates underweight.Lloyds: J.P. Morgan reiterates underweight.Shire: Panmure Gordon stays at sell.New world resources: Citi stays at buy with 830p target.Inchcape: Citi retains at buy with 400p target.WPP: Citi says, "we rate WPP Buy and think, on balance, these results should be well received." Royal Dutch Shell: Credit Suisse maintains outperform rating.WS Atkins: Credit Suisse upgrades to overperform from neutral.AstraZeneca: Credit Suisse reiterates underweight.Compass: Alpha Value downgrades to reduce from add, raises target to 609.1p from 605.3p.CSR: RBS lowers target to 180p from 200p.CSR: UBS reduces target from 225p to 200p, maintains neutral recommendation.ITV: RBS reiterates hold.Barclays: J.P.Morgan upgrades to overweight from neutral. Barclays: Investec reiterates buy rating and 330p target.International Consolidated Airlines: UBS cuts target from 260p to 240p, buy rating left.WPP: Investec maintains buy recommendation and 750p target.Kazakhmys: UBS scales back target from 1,450p to 1,380p, leaves buy recommendation unchanged.African Barrick Gold: Investec maintains hold stance and 634p target.Aquarius Platinum: UBS cuts target from 235p to 210p, neutral rating kept.Berendsen: Investec reduces target from 600p to 560p, buy rating left.DS Smith: UBS cuts target from 260p to 230p, neutral stance unchanged.Inchcape: Investec keeps buy rating and 480p target.Avocet Mining: Ambrian reiterates buy rating and 308p target.