Wednesday broker round-up UPDATE

Associated British Foods: Exane raises target price from 3600p to 3700p, keeping its outperform rating. Citi reduces target price from 3200p to 3100p, while upgrading to buy.AVEVA: Liberum Capital reduces target price from 1500p to 1400p and keeps a hold recommendation. Investec reduces target price from 1600p to 1350p and maintains a hold recommendation.Betfair: Citi raises target price from 1240p to 1400p and leaves its buy recommendation unchanged. Morgan Stanley raises target price from 1300p to 1400p and keeps an overweight rating.Capita Group: RBC Capital cuts target price from 1000p to 970p and maintains an underperform rating.Carr's Milling Industries: Numis initiates with a target price of 1800p and an add rating.Centamin: Westhouse lowers target price from 70p to 65p and reiterates its buy recommendation.First Derivates: Panmure Gordon raises target price from 1458p to 1657p, maintaining a buy recommendation.First Quantum Minerals: Exane reduces target price from 1600p to 1300p and keeps an outperform rating.Homeserve: JP Morgan ups target price from 317p to 362p and retains a neutral rating.Hunting: FinnCap reduces target price from 840p to 655p and keeps its hold recommendation. Investec reduces target price from 890p to 785p and retains a hold recommendation.Jardine Lloyd Thompson: Canaccord reduces target price from 1070p to 915p, staying with its hold recommendation.Legal & General Group: JP Morgan moves target price from 190p to 200p and maintains an underweight rating. Canaccord shifts target price from 235p to 240p and retains a hold recommendation.Marks & Spencer: Cantor Fitzgerald cuts target price from 410p to 385p, retaining sell recommendation.Marshalls: Panmure Gordon ups target price from 215p to 250p and keeps a buy recommendation.Persimmon: Liberum Capital raises target price from 1238p to 1372p and reiterates its hold recommendation.Rolls-Royce: Panmure Gordon downgrades to sell with a target price of 744p. UBS cuts target price from 1160p to 1100p, leaving its buy recommendation unaltered.SABMiller: Berenberg initiates with a target price of 3850p and a buy recommendation.Senior: Canaccord upgrades from hold to buy with a target price of 325p.Smith & Nephew: JP Morgan ups target price from 949p to 991p, leaving its neutral rating unaltered.TT electronics: Berenberg reduces target price from 220p to 130p, downgrading to hold.Weir Group: JP Morgan decreases target price from 2795p to 2425p and stays with its neutral rating.Wetherspoon (JD): Investec cuts target price from 885p to 833p, downgrading from hold to add.