Wednesday broker round-up

African Minerals: Jefferies keeps buy rating and 800p target.Anite: Jefferies raises target from 155p to 160p, buy rating retained.Barclays: Nomura downgrades from neutral to reduce, target cut from 268p to 210p.British American Tobacco: AlphaValue downgrades from add to reduce, target raised from 3,388.5p to 3,403.5p.bwin.party: Exane BNP Paribas cuts target from 210p to 160p, outperform rating kept.Hargreaves Services: Jefferies reiterates buy recommendation and 1,085p target.Henderson: Morgan Stanley downgrades to equal weight.Moneysupermarket.com: UBS upgrades to buy, target lifted from 130p to 150p.Morrison: ING downgrades to hold, target cut from 390p to 290p.N Brown: HSBC raises target from 275p to 315p, neutral rating kept.Phoenix Group: Berenberg upgrades to buy.Reed Elsevier: Nomura reiterates buy rating and 700p target.Smith & Nephew: Jefferies maintains buy rating and 740p target.Tesco: ING downgrades to sell, target cut from 320p to 285p.Xstrata: S&P Equity Research cuts target from 1,300p to 1,100p, buy rating kept.BC