EUROPE RESEARCH ROUNDUP-Glencore, Rio Tinto, Michelin July 8 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Glencore, Rio Tinto and Michelin, on Monday. HIGHLIGHTS * Arkema SA AKE.PA : JP Morgan raises to neutral from underweight * Glencore GLEN.L : Jefferies raises target price to 600p from 550p * Michelin MICP.PA : HSBC raises to buy from hold * Pirelli & C SpA PIRC.MI : HSBC raises to buy from hold * Rio Tinto RIO.L : Jefferies

LIVE MARKETS-UK Labour's win: a burden for Diversified Financials and Insurance, a relief for Utilities STOXX 600 up 0.5% FTSE 100 +0.3%, FTSE 250 +1% Labour wins big majority Payrolls in focus S&P futures steady Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com UK LABOUR'S WIN: A BURDEN FOR DIVERSIFIED FINANCIALS AND INSURANCE, A RELIEF FOR UTILITIES With a centre-left Labour winn

BUZZ-UK nonlife insurers fall as Hurricane Beryl intensifies ** Shares in UK nonlife insurers .FTNMX303020 fall as hurricane in South Caribbean intensifies ** Sub-index touches the lowest level since Feb. 28 ** Hurricane Beryl , which is expected to hit Jamaica on Wednesday and the Cayman Islands later in the week, has strengthened to a Category 5 storm ** Largest sub-index constituent Admiral ADML.L down 1.7% ** Beazley BEZG.L falls 4.7%, largest mover on hurricane update; also top loser on FTS

BUZZ-UK's Admiral Group rises after BofA upgrades to 'buy' ** Shares of UK-based insurer Admiral Group ADML.L up 2.3% at 2,657 pence ** BofA Global Research upgrades ADML to "buy" from "neutral"; raises price objective to 3,225 pence from 3,100 pence ** Says ADML's earnings growth should continue despite UK motor insurance pricing cycle probably pe

BUZZ-Top of the Street: Kering, LEG Immobilien, Gecina, Klepierre, Safran, Admiral, Rio Tinto, Anglo American, PSP Swiss Property A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** BofA Global Research Shares double upgrades the luxury group Kering PRTP.PA to "buy" from "underperform", citing early signs of brand heat improvement at its crown jewel Gucci ** DB ups LEG Immobilien LEGn.DE to "buy" from "hold", adding European real estate sector has "clearly i