RESEARCH ALERT-Jefferies cuts AstraZeneca price target


Oct 12 (Reuters) - :

* Jefferies cuts AstraZeneca PLC price target to 3,000p from 3,100p;

rating hold

* Jefferies raises Pfizer price target to $28 from $26; rating buy

* Jefferies raises Merck price target to $47 from $44; rating hold

* Jefferies raises Bayer AG price target to 71 euros from 65 euros;

rating hold

* Jefferies raises Eli Lilly price target to $36 from $35; rating


* Jefferies cuts Glaxosmithkline Plc price target to 1,470p from

1,550p; rating hold

For a summary of rating actions and price target changes on European companies:

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