LONDON (ShareCast) - Pearson: Credit Suisse raises target price to 1,210p from 1,175p.

Polymetal: Credit Suisse downgrades to neutral from outperform; cuts target to 1,040p from 1,180p.

William Hill: Credit Suisse raises target price to 227p from 214p.

Man: Deutsche Bank upgrades to hold from sell.

Petrofac: JP Morgan Cazenove downgrades from overweight to neutral, keeps 1,699p target price.

Diageo: Investec upgrades from hold to buy, target raised to 1,700p.

AB Foods: UBS raises target from 1,200p to 1,245p, keeps buy recommendation.

British American Tobacco: Nomura maintains buy rating and 3,320p target.

Pearson: Nomura increases target from 1,130p to 1,200p, reduce rating unchanged.

Kentz Corp: Investec upgrades from hold to buy, hikes target from 483p to 600p.

Kesa Electricals: Nomura cuts target from 120p to 90p, neutral rating retained; UBS cuts target from 90p to 75p, neutral rating retained.

JD Wetherspoon: UBS reduces target to 460p from 470p, buy rating unchanged.

William Hill: UBS ups target from 270p to 275p, buy rating kept.

NCC Group: Investec ups target from 730p to 760p, hold rating unchanged.

Dairy Crest: Investec keeps buy recommendation and 340p target.

IQE: Investec retains hold stance and 22p target.

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