Wednesday broker round-up - UPDATE

Bovis Homes: UBS lifts target from 395p to 465p, sell rating kept.Cairn Energy: UBS cuts target from 370p to 365p, neutral rating unchanged.Debenhams: Citigroup upgrades from hold to buy, target upped from 65p to 85p.Lamprell: Nomura raises target from 265p to 430p, buy rating kept.Logica: S&P Equity Research downgrades from buy to hold.MITIE: HSBC downgrades from neutral to underweight, target lifted from 240p to 270p.Regus: Jefferies raises target from 95p to 130p, buy rating maintained.Serco: HBSC upgrades from neutral to overweight, target lifted from 550p to 635p; Morgan Stanley upgrades from equal weight to overweight, target lifted from 550p to 635p.Ted Baker: Singer Capital Markets upgrades from fair value to buy, target hiked from 765p to 920p.Vodafone: Goldman Sachs upgrades from buy to conviction buy, target cut from 242p to 235p.Wolseley: Jefferies cuts target from 2,360p to 2,320p, hold recommendation kept. Mitie Serco Vodafone Capricorn Energy PLC