Thursday broker round-up - UPDATE

5th Apr 2012 08:00

Antofagasta: AlphaValue upgrades from reduce to add, target cut from 1,233.6p to 1,211.5p.Aveva: Merchant Securities raises target from 1,785p to 1,800p, buy rating kept.Ashmore: UBS upgrades from neutral to buy, target lifted from 400p to 420p.Barclays: AlphaValue upgrades from reduced to add, target cut from 244.4p to 241.1p.Bodycote: Jefferies raises target from 475p to 485p, buy rating retained.Capital Shopping Centres Group: AlphaValue upgrades from reduce to add, target cit from 355.9p to 353.7p.Dechra Pharmaceuticals: Peel Hunt upgrades from sell to hold, 457p target under review.International Power: UBS downgrades from buy to neutral, 420p target unchanged.Meggitt: UBS ups target from 365p to 415p, neutral rating kept.Micro Focus: UBS upgrades from neutral to buy, target lifted from 440p to 525p.SABMiller: Jefferies ups target from 2,725p to 2,850p, buy recommendation maintained.Sage: UBS ups target from 290p to 300p, neutral rating maintained.SOCO: UBS downgrades from sell to neutral, 300p target unchanged.Shire: Nomura initiates coverage with a buy recommendation and 2,300p target.BC