RESEARCH ALERT-Anglo American, BHP Billiton: Jefferies cuts price target

Jan 2 (Reuters) - :

* Anglo American Plc AAL.L : Jefferies cuts price target to 1450p from 1650p;

rating hold

* Antofagasta Plc ANTO.L : Jefferies cuts price target to 850p from 1000p;

rating hold

* BHP Billiton Plc BLT.L : Jefferies cuts price target to 2300p from 2400p;

rating buy

* First Quantum FQM.L : Jefferies cuts price target to 1300p from 1400p;

rating buy

* Glencore Xstrata Plc GLEN.L : Jefferies cuts price target to 400p from

425p; rating buy

* Kazakhmys Plc KAZ.L : Jefferies raises price target to 250p from 225p;

rating hold

* Rio Tinto Plc RIO.L : Jefferies raises price target to 4200p from 4000p;

rating buy

* Vedanta VED.L : Jefferies cuts price target to 1000p from 1250p; rating

hold

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

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