Thursday broker round-up

ARM Holdings: JP Morgan reiterates neutral with a target of 950p, Exane BNP Paribas keeps at outperform, 1300p target, Deutsche Bank stays at hold, 1000p target, Goldman Sachs maintains buy with a target of 1400p, Citigroup keeps at neutral and Bryan, Garnier & Co reiterates buy.

Shaftesbury: Credit Suisse downgrades to neutral with a target of 945p.

Derwent London: Credit Suisse downgrades to underperform with a target price of 3010p.

Smith & Nephew: UBS downgrades to neutral, 1100p target.

Pennon Group: Bryan, Garnier & Co downgrades to sell with an 825p target.

Great Portland Estates: Credit Suisse downgrades to neutral, 760p target, Deutsche Bank reiterates buy with a 1000p target and JP Morgan keeps at overweight with a target of 975p.

Standard Chartered: JP Morgan reiterates overweight,725 target and Deutsche Bank keeps at buy, 510p target.

Glaxosmithkline: UBS keeps at neutral with a 1420p target and Deutsche Bank stays at hold, 1540p target.

Barclays: Deutsche Bank reiterates buy with a target of 303p and JP Morgan keeps at overweight with a 260p target.

Easyjet: UBS maintains neutral with a target of 1800p.