LONDON (ShareCast) - Cairn Energy: Oriel upgrades to add from hold.

Tesco: Bank of America Merrill Lynch downgrades to neutral from buy.

Marks & Spencer: Panmure Gordon reiterates hold and 307p target; Peel Hunt maintains hold and 350p target.

Barclays: UBS cuts target from 215p to 199p, neutral rating unchanged.

Royal Bank of Scotland: UBS cuts target from 28p to 25p, keeps buy recommendation.

Schroders: UBS scales back target from 1,400p to 1,360p, neutral rating maintained.

SSE: UBS cuts target from 1,370p to 1,340p, neutral recommendation kept.

Reckitt Benckiser: Credit Suisse reduces target from 4,000p to 3,800p, keeps outperform rating.

Morrisons: Credit Suisse keeps outperform rating and 340p target.

Debenhams: Panmure Gordon upgrades from sell to hold, target left at 60p; Peel Hunt keeps buy rating and 80p target.

Dunelm: Panmure Gordon keeps buy recommendation and 600p target; Peel Hunt maintains buy and 550p target.

Hays: Panmure Gordon maintains hold and 60p target; Peel Hunt maintains buy and 80p target; Shore Capital keeps hold and 64p target.

Interserve: Panmure Gordon keeps sell rating and 185p target; Peel Hunt keeps sell rating and 275p target.

Ashtead: Credit Suisse initiates with neutral rating and 220p target.

Misys: UBS reduces target from 285p to 245p, neutral rating unchanged.

TalkTalk Telecom Group: Oriel Securities initiates coverages with a sell rating and 120p target.

Balfour Beatty: Panmure Gordon reiterates buy and 310p target.

Dolphin Capital Investors: Panmure Gordon keeps buy rating, target cut from 79p to 76p.

Galliford Try: Panmure Gordon retains buy and 581p target.

SIG: Panmure Gordon maintains buy and 165p target.

Taylor Wimpey: Panmure Gordon keeps buy and 50p target.

Rathbone Bros: Peel Hunt maintains buy and 1,270p target.

The Restaurant Group: Panmure Gordon reiterates buy stance and 365p target; Peel Hunt reiterates buy and 332p target.

Majestic Wine: Collins Stewart gives buy rating and 505p target.

Game Group: Panmure Gordon halves target from 10p to 5p, hold rating unchanged; Peel Hunt keeps hold, 20p target under review.

Topps Tiles: Peel Hunt upgrades from hold to buy, target left at 50p.

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