Monday broker round-up

23rd Apr 2012 08:56

ARM Holdings: JP Morgan Cazenove upgrades from underweight to neutral, target lifted from 400p to 540p.AstraZeneca: Barclays Capital upgrades from underweight to equal weight, target upped from 3,200p to 3,250p.Aviva: Goldman Sachs upgrades from neutral to buy.Barclays: Nomura reiterates neutral rating and 268p target.BTG: Jefferies maintains buy rating and 410p target.Heritage Oil: UBS upgrades from neutral to buy.Gulf Keystone: Investec raises target from 191p to 232p, buy recommendation maintained.Ladbrokes: AlphaValue downgrades from buy to add.Old Mutual: Goldman Sachs downgrades from conviction buy to buy.Stagecoach: Investec maintains hold rating and 260p target.WH Smith: Investec keeps buy rating and 615p target.William Hill: UBS ups target from 290p to 300p, buy rating unchanged.BC