UPDATE: Wednesday broker round-up: Goldman takes down Man and SSE

12th Oct 2011 09:16

Man: Goldman Sachs takes target price down to 230p from 290p.Scottish & Southern: Goldman Sachs adds to 'Conviction sell' list.Imperial Tobacco: Credit Suisse reiterates overweight.United Utilities: Morgan Stanley downgrades to 'neutral'.Robert Walters: Credit Suisse retains at neutral and keeps target at 250p.Berkeley Group: Royal Bank of Scotland keeps at 'hold'. BAE Systems: Investec downgrades to hold, 300p target maintained.BAE Systems: Evolution Securities reiterates buy rating and 340p target.Legal & General: Investec maintains sell recommnedation and 80p target.Burberry: Investec keeps buy rating and target of 1,590p.Burberry: Nomura keeps neutral stance and 1,356p target.Laird: UBS upgrades from neutral to buy, target cut from 185p to 160p.KESA Electricals: Nomura reduces target from 157p to 120p, neutral rating kept.Betfair: UBS ups target from 580p to 620p but maintains sell recommendation.Ladbrokes: Evolution Securities keeps buy stance and target of 175p.Lamprell: Buy recommendation and 450p target kept by Evolution Securities.Travis Perkins: Investec leaves hold rating and 800 target unchanged.Copper Development Corporation: Evolution Securities scales back target from 89p to 76p but keeps buy call.