UPDATE 2-European shares muted as investors brace for data-packed week For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Hannover Re up after H1 results BT jumps as India's Bharti to buy 24.5% stake from Altice Vestas drops after trimming FY profit margin outlook STOXX 600 flat Updated at 1600 GMT By Pranav Kashyap and Ankika Biswas Aug 12 (Reuters) - gtgEurope's benchmark stock index was subdued on Monday , erasing early gains, w ith inve

BUZZ-Brokerage cuts rating, target price for JD Sports; shares drop ** Analysts at Deutsche Bank cut JD Sports JD.L to "Sell" from "Hold", target price to 110p from 115p ** Shares in the British sportswear retailer drop nearly 3% to 121.7p vs a gain of 0.6% for the FTSE 100 .FTSE index ** Stock top loser on the bluechip index ** DB analysts say "Whilst we see potential for positive surprise in gross margin...

EUROPE RESEARCH ROUNDUP-AstraZeneca, Beazley, Puma Aug 12 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including AstraZeneca, Beazley and Puma on Monday. HIGHLIGHTS * AstraZeneca AZN.L : TD Cowen raises target price to 14,860p from 13,945p * Beazley BEZG.L : Jefferies raises target price to 1,020p from 975p * Puma SE PUMG.DE : Baader Helvea raises to buy from add * Quilter Plc QLT.L : Berenberg raises target price to 135p from 105p * WPP

Don't write off Nike, says Britain's JD Sports By James Davey LONDON, July 30 (Reuters) - British sports and fashion retailer JD Sports JD.L , one of Nike's NKE.N largest customers, gave the world's biggest sports brand by revenue a vote of confidence on Tuesday, with a senior executive saying it "will be just fine". Late last month, Nike's shares plummeted after the group warned its sales would fall this year, hurt by faltering demand for its sneakers as consumers covet newer brands such as On

BUZZ-Warner Bros Discovery down after co fails to renew NBA broadcasting rights ** Shares of media giant Warner Bros Discovery WBD.O fall 2.8% to $8.23 in premarket trading ** Walt Disney's DIS.N ESPN, Comcast-owned CMCSA.O NBCUniversal and Amazon.com AMZN.O clinched the rights to carry National Basketball Association, ending a 40-year-long partner