Thursday broker round-up - UPDATE

4th Oct 2012 07:57

BHP Billiton: Morgan Stanley cuts target from 2,180p to 2,100p, overweight rating kept.BTG: Deutsche Bank raises target from 384p to 394p, buy rating kept.Capita: Panmure Gordon keeps hold rating and 620p target.Carillion: Seymour Pierce keeps buy rating and 395p target; Panmure Gordon maintains buy rating and 400p target.De La Rue: JPMorgan Cazenove upgrades to overweight, target lifted from 1,085p to 1,184p.easyJet: Panmure Gordon raises target from 650p to 750p, buy rating kept.EFK Diagnostics: Canaccord Genuity maintains buy rating and 42p target.Experian: Jefferies keeps buy rating and 1,060p target.FirstGroup: UBS upgrades to neutral, target cut from 200p to 180p; Morgan Stanley upgrades to equal weight, 220p target kept.Halfords: Seymour Pierce ups target from 300p to 340p, reiterates buy rating; Panmure Gordon raises target from 220p to 300p, hold rating kept.Leyshon Resources: Seymour Pierce keeps buy rating.Lonmin: Nomura cuts target from 360p to 200p, reduce rating kept.Matchtech: Seymour Pierce keeps add rating and 230p target.N Brown: Exane BNP Paribas cuts target from 270p to 235p, neutral rating kept.Pearson: Exane BNP Paribas upgrades to outperform, 1,450p target kept. Panmure Gordon keeps hold rating and 1,300p target.Pennon: Exane BNP Paribas cuts target from 750p to 700p, underperform rating kept.Phoenix IT: Panmure Gordon upgrades from hold to buy, target lifted from 147p to 173p.Robert Walters: Seymour Pierce keeps sell stance and 165p target; Panmure Gordon keeps sell rating and 127p target.Sportingbet: Deutsche Bank downgrades to hold.Sports Direct: Seymour Pierce downgrades from buy to hold, target raised from 285p to 420p.Tate & Lyle: Credit Suisse upgrades to outperform, target lifted from 700p to 750p.Ted Baker: Seymour Pierce keeps hold rating and 850p target; Panmure Gordon keeps buy rating and 975p target.Tesco: Exane BNP Paribas cuts target from 325p to 300p, underperform rating kept.UBM: Westhouse Securities raises target from 715p to 805p, buy rating kept.Wolseley: UBS cuts target from 2,850p to 2,800p, neutral rating kept. WS Atkins: Liberum Capital downgrades to hold.BC