any broker upgrades, page-3

From the reports that I have seen:

Merrill Lynch
Maintain "Buy" rating
Price target change from 45c to 49c

Credit Suisse
Maintain "Outperform" rating
Price target change from 42c to 50c

Goldman Sachs
Maintain "Neutral" rating
Price target change from 36c to 41c

UBS
Maintain "Buy" rating
Price target maintained at 50c

I believe that RBS has a "Buy" rating and a target of 45c but I haven't read the report.

The commentary was overwhelmingly positive on the whole. IMO, I wouldn't be surprised that once "reporting season" ends and the analysts have a bit more time to go through the results in depth we might see a continuation of the upgrade trend.