Wednesday broker round-up

Hikma Pharmaceuticals: Morgan Stanley downgrades to Equal Weight with a target price of 1600p.

Morrisons: HSBC upgrades to Hold with a target price of 240p.

Man Group: Citi downgrades to Neutral with a target price of 170p.

Intertek Group: Jefferies reiterates Buy with a target price of 5300p.

Rio Tinto: Macquarie reiterates Outperform with a target price of 4000p.

Reckitt Benckiser: Macquarie reiterates Outperform with a target price of 9000p.

UBM: Berenberg reiterates Sell with a target price of 675p.

AstraZeneca: Deutsche Bank reiterates Buy with a target price of 5300p.

Melrose: Goldman Sachs initiates on Buy with a target price of 270p.

SDL: Canaccord upgrades to Buy with a target price of 590p.