Thursday broker round-up - UPDATE

24th May 2012 09:27

ARM Holdings: Jefferies reiterates buy recommendation and 485p target.ASOS: Investec keeps hold rating and 1,250p target.AstraZeneca: AlphaValue upgrades to BUY from add.Booker: Panmure Gordon upgrades from hold to buy.Bowleven: UBS slashes target from 105p to 70p, neutral rating unchanged.C&W Communications: Jefferies keeps hold recommendation and 33p target; Nomura keeps reduce rating and 40p target.Dairy Crest: Jefferies maintains buy rating and 340p target; Investeckeeps buy rating and 340p target.M&S: Investec reiterates sell rating and 295p target.Reed Elsevier: Nomura reiterates buy recommendation and 700p target.SABMiller: Jefferies maintains buy rating and 2,850p target.United Utilities: Investec keeps buy rating and 777p target.Vodafone: Oddo reiterates BUY with a price target of 210 pence.BC