Friday broker round-up

Drax: Barclays upgrades to Overweight with a target price of 410p.

Stagecoach: HSBC downgrades to Reduce with a target price of 200p.

Micro Focus: Deutsche Bank initiates Buy with a target price of 2900p.

Senior: Berenberg reiterates Buy with a target price of 240p.

Taylor Wimpey: Canaccord downgrades to Hold with a target price of 205p.

Imperial Brands: Citigroup reiterates Neutral with a target price of 3700p.

Royal Mail: Jefferies reiterates Underweight with a target price of 330p.

Rio Tinto: RBC reiterates Outperform with a target price of 4400p.

Go-Ahead Group: HSBC reiterates Buy with a target price of 2000p.

Fenner: Jefferies reiterates Buy with a target price of 380p.