Tuesday broker round-up - UPDATE

Date: Tuesday 22 May 2012

Chamberlin: Charles Stanley maintains buy rating and 175p target.

easyJet: Investec upgrades from hold to buy, target hiked from 500p to 670p.

HomeServe: Charles Stanley cuts target from 290p to 250p, rating under review; Jefferies maintains underperform rating and 195p target.

Inmarsat: UBS cuts target from 665p to 545p, buy rating unchanged.

Intermediate Capital: Jefferies maintains buy rating and 370p target.

Kingfisher: Jefferies maintains buy rating and 360p target.

Marks & Spencer: Investec maintains sell rating and 295p target.

Ryanair: Investec upgrades from sell to hold, target lifted from €2.80 to €4.40.

SABMiller: Jefferies maintains buy rating and 2,850p target.

Smiths Group: Jefferies maintains buy rating and 1,600p target.

Thomas Cook: Charles Stanley keeps buy rating and 29p target.

Ubisense: Charles Stanley initiates coverage with buy rating and 310p target.

Vodafone: Nomura maintains buy rating and 225p target; Jefferies maintains buy rating and 195p target.

Walker Greenbank: Charles Stanley initiates coverage with a buy recommendation and 90p target.

WPP: Nomura reiterates buy recommendation and 1,030p target.

BC

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