Tuesday broker round-up - UPDATE

24th Jan 2012 09:09

Ashmore: Royal Bank of Scotland downgrades to hold from buy.Hargreaves Lansdown: Royal Bank of Scotland downgrades to sell from hold.Weir: Goldman Sachs reiterates buy. Vedanta Resources: HSBC cuts target price to 1,320p from 2,110p; Credit Suisse keeps neutral stance and 1,400p target. Pearson: Credit Suisse maintains outperform rating and 1,210p target.Compass: Credit Suisse reiterates outperform recommendation and 685p target.Kier Group: Faraday Research confirms buy rating and 1,400p target.Chemring: finnCap keeps hold and 480p target.Hunting: finnCap ups target to 915p from 850p, buy recommendation kept.Xaar: finnCap reiterates buy rating and 320p target.Thomas Cook: Charles Stanley reiterates buy rating and 25p target.Drax: Nomura cuts target from 485p to 480p, reduce rating maintained.