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Broker Roundup: Credit Suisse cuts Lloyds target but keeps buy

UBS positive on Resolution but Goldman downgrades Bodycote.

  • Credit Suisse has an outperform for Lloyds Banking Group, while cutting price target to 79p from 87p
  • UBS has a buy for Resolution, raising target to 300p from 262p
  • Canaccord Genuity downgrades Aquarius Platinum to hold from buy
  • JP Morgan reiterates underweight for Autonomy with a £10 target price
  • Shore Capital initiates coverage of Northern Petroleum with a buy and 88.5p target
  • Barclays Capital has an overweight fro Afren, raising target to 156p from 130p and an equal-weight for BSkyB raising target to 700p from 650p
  • Goldman Sachs downgrades Bodycote to sell from neutral with a 510p target
  • UBS has a buy for Bellway while cutting target to 793p from 893p, downgrades Invensys to neutral from buy, has a buy for WH Smith, raising target to 535p from 490p and has a neutral for Vedanta Resources, cutting target to £24 from £24.50
  • Bank of America has a neutral for Marks & Spencer, raising target to 425p from 360p and has a buy for Next, raising target to £27 from £25
  • Citigroup cuts Scottish & Southern Energy target to £12.54 from £13.20, downgrades Thomas Cook and TUI Travel to hold from buy
  • Nomura has a buy for United Business Media raising target to 665p from 618p

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