Monday broker round-up

Anglo American: AlphaValue downgrades from neutral to reduce, target cut from 7,115p to 6,970p.AstraZeneca: Jefferies upgrades from hold to buy, target cut from 3,050p to 2,975p; JP Morgan Cazenove upgrades from underweight to neutral, target hiked from 2,800p to 3,050p.British Sky Broadcasting: Citigroup upgrades from neutral to buy.Carphone Warehouse: UBS slashes target from 208p to 170p, buy recommendation unchanged.CSR: Jefferies keeps buy rating and 290p target.Daisy Group: Jefferies cuts target from 145p to 140p, buy rating kept.Fenner: Jefferies reiterates buy recommendation and 565p target.Fidessa: Jefferies maintains undeperform rating and 1,300p target; finnCap upgrades from sell to hold.Hikma: Jefferies maintains buy rating and 860p target.Morgan Crucible: Jefferies upgrades from hold to buy, target lifted from 300p target 365p.Ophir Energy: Jefferies keeps buy rating and 555p target.Randgold Resources: Nomura downgrades from neutral to reduce, target cut from 7,115p to 6,970p.Severn Trent: Investec downgrades from buy to hold.Spirent Communications: Jefferies initiates coverage with buy recommendation and 199p target.WPP: Nomura ups target from 1,020p to 1,030p, buy rating unchanged.BC