Thursday broker round-up - UPDATE

Date: Thursday 24 May 2012

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

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