RESEARCH ALERT-Norsk Hydro: JP Morgan raises to neutral

Jan 8 (Reuters) - :

* Fresnillo Plc FRES.L : JP Morgan cuts target price to 965p from 1000p;

rating overweight

* Norsk Hydro Asa NHY.OL : JP Morgan raises to neutral from underweight

* Rio Tinto Plc RIO.L : JP Morgan cuts target price to 4400p from 4500p;

rating overweight

* BHP Billiton BLT.L : JP Morgan cuts target price to 2150p from 2300p;

rating neutral

* Anglo American Plc AAL.L : JP Morgan cuts to underweight from neutral

* Vedanta Resources Plc VED.L : JP Morgan cuts target price to 1120p from

1130p; rating overweight

* Antofagasta Plc ANTO.L : JP Morgan raises target price to 815p from 790p;

rating neutral

* First Quantum Minerals FQM.L : JP Morgan raises target price to 1100p from

940p; rating neutral

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

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