Broker Roundup: Morgan Stanley upgrades property groups

*Morgan Stanley upgraded Brixton, Hammerson, Land Securities to overweight from equal-weight. It upgraded Liberty International to overweight from underweight and upgraded British Land to equal-weight from underweight. It says it now prefers UK property plays to their European peers.

*ING lifted its price target on J Sainsbury to 360p from 320p and repeated its buy rating.

*Deutsche upgraded AstraZeneca to buy from hold.

*Dresdner Kleinwort downgraded 3i to hold from buy and cut BSkyB to sell from hold.

*Credit Suisse repeated its underperform view on Royal Dutch Shell and cut its estimates and cut its target to £16 from £16.52. Says Underperform Lonmin and outperform Kazakhmys.

*Collins Stewart upgraded Wolseley to hold from sell.

*Citigroup cut Ryanair to hold from buy, says buy Rio Tinto after asset sales.

*Cazenove upgrades Autonomy to in-line from underperform, rates Arm as in-line. Says Compass Group remains attractive despite strong outperformance. It repeated its outperform view. 

*JP Morgan reiterated its underperform view on Royal Dutch Shell. 

*Bernstein repeated its market-perform view on Astrazeneca, rates Xstrata market-perform.