Tuesday broker round-up

20th Mar 2012 10:04

Aggreko: Credit Suisse raises target from 2,140p to 2,350p, neutral rating kept.ARM Holdings: BarCap upgrades from equal weight to overweight, target lifted from 700p to 725p; Investec upgrades from hold to buy, target lifted from 640p to 800p.Centrica: Nomura raises target from 340p to 350p, neutral rating unchanged.Cobham: Goldman Sachs downgrades from buy to neutral.Debenhams: Peel Hunt raises target from 80p to 95p, buy rating maintained.Drax: Nomura ups target from 480p to 485p, reduce rating kept.International Power: Nomura downgrades from buy to neutral, target left at 370p.Jupiter Fund Management: Bank of America ML upgrades from neutral to buy, target upped from 260p to 281p.Logica: Investec downgrades from hold to sell, target upped from 83p to 90p.National Grid: HSBC upgrades from neutral to overweight, target raised from 665p to 740p; Nomura ups target from 700p to 705p, buy rating kept.Pennon: Nomura downgrades from buy to neutral, target lifted from 1,590p to 1,640p.Regus: Peel Hunt raises target from 75p to 110p, hold rating retained.Sage: Investec downgrades from hold to sell, target cut from 280p to 263p.Severn Trent: Nomura downgrades from buy to neutral, lifts target from 1,590p to 1,640p.Spirent Communications: Investec upgrades from hold to buy, target lifted from 155p to 182p.SSE: Nomura reiterates reduce rating and 1,405p target.St James's Place: Goldman Sachs upgrades from neutral to conviction buy.Unilever: Investec downgrades from buy to hold, target cut from 2,170p to 2,100p.United Utilities: Nomua upgrades from neutral to buy, target raised from 625p to 695p.