Wednesday broker round-up

(ShareCast News) - William Hill: HSBC downgrades to Reduce with a target price of 255p.Smith & Nephew: Berenberg reiterates Hold with a target price of 1275p.JD Wetherspoon: Deutsche Bank reiterates Sell with a target price of 600p.Acacia: Jefferies reiterates Buy with a target price of 575p.Reckitt Benckiser: JPMorgan maintains Neutral with a target price of 6750p.Sanne Group: RBC reiterates Outperform with a target price of 810p.Rolls Royce: UBS reiterates Buy with a target price of 835p.Paddy Power: HSBC downgrades to Hold with a target price of 8900p.Pendragon: Canaccord downgrades to Hold with a target price of 36p.Nex Group: Numis reiterates Hold with a target price of 500p.