UPDATE: Tuesday broker round-up

BHP Billiton: Citi reiterates buy and keeps target at 2,405p.BHP Billiton: Credit Suisse upgrades to outperform from neutral; cuts target to 2,800p from 3,160p. Anglo American: Credit Suisse downgrades to neutral from overperform.Lonmin: Credit Suisse downgrades to underweight from neutral.Smiths Group: Credit Suisse cuts target to 1,200p from 1,250p.InterContinental Hotels: Panmure Gordon scales back target from 1,650p to 1,470p, buy rating maintained.ICAP: Credit Suisse cuts target to 510p from 550p, reiterates overweight rating. Smith & Nephew: Alpha Value upgrades to buy from add, raises target to 754.3p from 746.3p.Xstrata: Alpha Value upgrades to buy from add, raises target to 1,069.4p from 1,065.3p.Tesco: UBS upgrades from neutral to buy, target hiked from 410p to 510p.Wolseley: Citi keeps buy rating and 2,400p target.Wolseley: Seymour Pierce maintains sell rating, target price placed under review.Wolseley: Prime Markets confirms sell rating and target of 1,426p.Marks & Spencer: Seymour Pierce cuts target from 395p to 360p, buy rating kept.SABMiller: Nomura maintains buy recommendation and 2,600p target.Paddy Power: Daniel Stewart initiates coverage with buy recommendation and 3,814p target.Carillion: Seymour Pierce keeps buy rating and 440p target.Carillion: Investec keeps buy rating and 450p target.Ashmore: UBS keeps neutral rating, target cut from 410p to 310p.Hays: Citi maintains hold recommendation and target of 85p.Walker Greenbank: Seymour Pierce reiterates buy recommendation and 65p target.Gooch and Housego: Investec cuts target from 630p to 465p, buy recommendation kept.Alternative Networks: finnCap keeps hold recommendation and 270p target.Alternative Networks: Investec reiterates buy rating and 310p target.Leyshon Resources: Seymour Pierce maintains buy rating.