Wednesday broker round-up UPDATE

Balfour Beatty: Jefferies reduces target price from 403p to 233p downgrading to hold. Deutsche Bank cuts target price from 280p to 250p and leaves its hold recommendation unchanged. Numis reduces target price to 260p and retains an add rating.Barclays: Deutsche Bank lowers target price from 320p to 300p maintaining its buy recommendation.Beazley: Westhouse Securities upgrades from neutral to add with a target price of 275p.EKF Diagnostics: Canaccord Genuity shifts target price from 42p to 48p and retains a buy recommendation.GlaxoSmtihKline: Jefferies ups target price from 1520p to 1585p and maintains a hold recommendation.Glencore Xstrata: Deutsche Bank moves target price from 382p to 395p and reiterates a buy recommendation.InterContinental Hotels Group: Credit Suisse raises target price from 1810p to 1870p, while keeping an underperform rating.ITV: Investec places target price (prev.: 190p) under review keeping a hold recommendation.Lloyds Banking Group: Berenberg shifts target price from 50p to 55p, while staying with its sell recommendation.Nostra Terra Oil & Gas: Northland Capital initiates with a target price of 0.37p and a buy recommendation.Rolls-Royce: Investec places target price (prev.: 1160p) under review, while leaving its buy recommendation unaltered.RPC Group: Panmure Gordon raises target price from 699p to 728p and maintains a buy recommendation.Serco Group: Panmure Gordon reduces target price from 460p to 330p and retains a hold recommendation.Trifast: FinnCap places its target price under review, while retaining its buy recommendation.Wetherspoon (JD): Numis ups target price from 925p to 950p, while staying with its add rating. Wetherspoon (J.D) Balfour Beatty Barclays Lloyds InterContinental Hotels Serco Beazley Glaxosmithkline Glencore Ekf Diagnostics Trifast