Broker Roundup: JP Morgan and UBS positive on BP

 * JP Morgan maintains overweight for BP and downgrades Colt Group to underweight from overweight

 * UBS has a buy for Barclays, cutting target to 380p from 426p, a buy for BP cutting target to 525p from 580p, upgrades Drax Group to neutral from reduce with a 425p target, has a buy for Filtrona, raising target to 260p from 245p

 * Credit Suisse upgrades BSkyB to neutral from underperform, raising target to 700p from 430p

 * Citigroup upgrades Drax Group to hold from sell, raising target to 405p from 395p

 * Bernstein has an outperform for Diageo, raising target to £14.50 from £13.50 and an outperform for SABMiller, raising target to £26 from £24

 * Goldman Sachs has a buy for Ted Baker, raising target to 731p from 702p, a buy for Majestic Wine, raising target to 370p from 356p and a neutral for WH Smith, cutting target to 530p from 560p

 * Deutsche Bank upgrades Johnson Matthey to buy from hold, raising target to £19 from £15.50

 * Nomura has a neutral for Kesa Electricals, cutting target to 173p from 180p, downgrades Petrofac to neutral from buy, raising target to £13 from £12.40 and upgrades Drax Group to neutral from reduce, raising target to 425p from 350p

 * RBS upgrades Reckitt Benckiser to buy fro hold, raising  target to £36 from £33.75, has a buy for Britvic, raising target to 540p from 470p

 * Morgan Stanley has an overweight for Wolseley, raising target to £20.50 from £19.70

 * Barclays Capitals rises target for Dana Petroleum to \\£15.05 from £14.75