Friday broker round-up -UPDATE

20th Jan 2012 09:17

Pearson: Credit Suisse raises target price to 1,210p from 1,175p.Polymetal: Credit Suisse downgrades to neutral from outperform; cuts target to 1,040p from 1,180p.William Hill: Credit Suisse raises target price to 227p from 214p.Man: Deutsche Bank upgrades to hold from sell. Petrofac: JP Morgan Cazenove downgrades from overweight to neutral, keeps 1,699p target price.Diageo: Investec upgrades from hold to buy, target raised to 1,700p.AB Foods: UBS raises target from 1,200p to 1,245p, keeps buy recommendation.British American Tobacco: Nomura maintains buy rating and 3,320p target.Pearson: Nomura increases target from 1,130p to 1,200p, reduce rating unchanged.Kentz Corp: Investec upgrades from hold to buy, hikes target from 483p to 600p.Kesa Electricals: Nomura cuts target from 120p to 90p, neutral rating retained; UBS cuts target from 90p to 75p, neutral rating retained.JD Wetherspoon: UBS reduces target to 460p from 470p, buy rating unchanged.William Hill: UBS ups target from 270p to 275p, buy rating kept.NCC Group: Investec ups target from 730p to 760p, hold rating unchanged.Dairy Crest: Investec keeps buy recommendation and 340p target.IQE: Investec retains hold stance and 22p target.