Morning Eyecatchers: Broker Roundup: Negative on Lloyds TSB

* Deutsche Bank downgrades Lloyds TSB to hold from buy with a reduced 350p target

 * Lehman Bros has an overweight for Lloyds TSB, cutting target to 441p from 525p

 * Credit Suisse reiterates underperform Lloyds TSB, cutting target to 220p from 245p

 * Royal Bank of Scotland reiterates sell Lloyds TSB, cutting target to 260p from 345p, has a hold for ARM Holdings, raising target to 93p from 83p and a buy for Pace, cutting target to 116p from 121p.

 * ING has a buy and £51.25 target for Xstrata

 * Sanford Bernstein has an outperform and 830p target for Cadbury

 * Merrill Lynch downgrades Woolworths to underperform from buy with a 4p target and reiterates buy for Wolfson Microelectronics, cutting target toi 157p from 170p

 * Investec reiterates sell for DSG International, cutting target to 38p from 50p and reducing estimates, has a buy for Aquarius Platinum and retains hold on Rank Group

 * Brewin Dolphin has a hold and £41 target for Greggs

 * Seymour Pierce has a buy and 23p target for African Eagle, a buy and 350p target for Matchbox, a buy for Spectrum Interactive, a buy and 24p target for Tepnel Life Sciences, a hold and 225p target for Mitie and downgrades Topps Tiles to sell from hold

 * Altium Securfities reiterates buy and 50p target for Arena Leisure, has a buy and £42.85 target for Greggs, a buy and 200p target for ITE Group, a buy and 256p target for Mitie Group and a buy and 373p target for RPS Group

 * Kaupthing reiterates buy Informa with a 500p target