Thursday broker round-up UPDATE

Afren: JP Morgan shifts target price from 180p to 188p upgrading from underweight to overweight.Anglo American: Jefferies raises target price from 1550p to 1700p and reiterates a hold recommendation.Antofagasta: Jefferies increases target price from 825p to 1000p upgrading from hold to buy.ARM Holdings: UBS reduces target price from 1050p to 970p and reiterates a neutral rating. Numis raises target price from 920p to 1150p upgrading from hold to buy.Associated British Foods: Jefferies raises target price from 2600p to 2950p leaving its hold recommendation unaltered.Babcock International: Berenberg reduces target price from 1510p to 1480p and keeps a buy recommendation.Beazley: Berenberg ups target price from 278p to 290p and keeps a buy recommendation.Betfair: Barclays shifts target price from 1245.6p to 1246p reiterating an overweight rating.BHP Billiton: Jefferies raises target price from 2200p to 2450p and keeps a buy recommendation. Deutsche Bank ups target price from 2400p to 2450p maintaining a buy recommendation. Investec raises target price from 2092p to 2175p keeping a hold recommendation.B&M: Numis initiates with a target price of 280p and a hold recommendation.Britvic: Investec moves target price from 716p to 725p and maintains a hold recommendation.Cairn Energy: JP Morgan lowers target price from 279p to 271p keeping an overweight rating.Capita: Morgan Stanley ups target price from 1100p to 1150p and retains an equal-weight rating.Clinigen: Investec places its target price (prev.: 497p) and keeps a buy recommendation.Croda International: Numis reduces target price from 2248p to 2178p and stays with its hold recommendation.Densitron Technologies: Westhouse Securities restarts with a target price of 8p and a buy recommendation.easyJet: Panmure Gordon upgrades from hold to buy with a target rice of 1800p.EnQuest: JP Morgan shifts target price from 185p to 188p and retains an overweight rating.Entertainment One: JP Morgan ups target price from 323p to 365p and stays with its overweight rating.First Quantum Minerals: Jefferies increases target price from 1350p to 1700p and retains a buy recommendation.Genel Energy: JP Morgan moves target price from 1160p to 1170p and reiterates a neutral rating.Glencore Xstrata: Jefferies raises target price from 330p to 430p upgrading from hold to buy.GlaxoSmithKline: Credit Suisse reduces target price from 1600p to 1475p maintaining an underperform rating. Deutsche Bank reduces target price from 1630p to 1500p and keeps a hold recommendation. Panmure Gordon cuts target price from 1650p to 1600p and stays with its hold recommendation.Halma: Investec moves target price from 620p to 635p and keeps a buy recommendation.ICAP: Espirito Santo lowers target price from 333p to 312p and leaves its sell recommendation unchanged.IMI: Citi cuts target price from 1735p to 1700p leaving its buy recommendation unchanged.Inchcape: Nomura raises target price from 600p to 730p upgrading from neutral to buy.Jardine Lloyd Thompson: JP Morgan lowers target price from 1216p to 1208p, while leaving its overweight rating unchanged.Johnson Matthey: Numis upgrades from add to buy with a target price of 3642p.Kazakhmys: Jefferies ups target price from 300p to 350p and keeps a hold recommendation. Deutsche Bank raises target price from 201p to 310p upgrading from sell to hold.Lancashire Holdings: Numis cuts target price from 875p to 840p, while upgrading from add to buy.Mitchells & Butlers: Numis downgrades from buy to hold with a target price of 420p.Morgan Advanced Materials: Citi lowers target price from 345p to 340p and stays with its buy recommendation.Nichols: Investec shifts target price from 1070p to 1075p retaining its buy recommendation.Northbridge: WH Ireland takes target price from 599p to 625p and stays with its buy recommendation.Ophir Energy: JP Morgan cuts target price from 330p to 270p downgrading from overweight to neutral.Petropavlovsk: Citi cuts target price from 67p to 42p, while upgrading from sell to hold.Provident Financial: Berenberg increases target price from 2050p to 2200p staying with its hold recommendation.Rathbone Brothers: Canaccord Genuity upgrades from hold to buy with a target price of 2160p.Renishaw: UBS increases target price from 1700p to 1850p and stays with its neutral rating.Rio Tinto: Jefferies raises target price from 3900p to 4100p and maintains a buy recommendation.Sage: Numis lowers target price from 411p to 396p staying with a hold recommendation.Sagentia: Numis cuts target price from 180p to 150p retaining an add rating.SOCO International: JP Morgan lowers target price from 407p to 395p and maintains a neutral rating.Tullow Oil: JP Morgan cuts target price from 1050p to 1000p keeping its overweight rating.Ultra Electronics: Deutsche Bank cuts target price from 1765p to 1750p retaining a hold recommendation.Vedanta Resources: Jefferies increases target price from 900p to 1200p maintaining a hold recommendation.