Wednesday broker round-up - UPDATE

Resolution: Deutsche Bank upgrades to buy from hold. ICAP: Morgan Stanley downgrades to equalweight from overweight.Xstrata: Credit Suisse reiterates outperform and 1,700p target.Xstrata: Nomura reiterates buy and 1,500p target.Wolseley: Credit Suisse stays at outperform. Wolseley: UBS ups target from 1,930p to 2,150p, buy rating kept.Reed Elsevier: Nomura keeps buy rating and 668p target.DS Smith: Evolution Securities keeps buy rating and 300p target.DS Smith: Investec maintains buy rating and 320p target.Micro Focus: Investec puts 330p target under review, hold rating unchanged.Micro Focus: Evolution Securities maintains buy recommendation and 410p target.Stagecoach: Nomura ups target from 278p to 281p, buy rating unchanged.Stagecoach: Investec keeps hold and 250p target.AG Barr: Investec maintains buy and 1,510p target.KESA Electricals: Investec leaves sell recommendation and 65p target unchanged.Carillion: Investec reiterates buy and 450p target.Kofax: Investec ups target from 205p to 220p, hold rating maintained.Northgate: UBS cuts target to 250p from 270p, neutral rating unchanged. Relx Smith (DS) Carillion Plc Barr (A.G.)