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Top of the Street: National Grid, Nestle, K+S, Publicis

BUZZ-Top of the Street: National Grid, Nestle, K+S, Publicis A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Citigroup cuts British energy infrastructure operator National Grid NG.L to "neutral" from "buy" and says the valuation now fairly reflects its growth prospects and policy support after an around 20% re-rating in the last four months ** Citi also downgrades Nestle NESN.S to "neutral" from "buy", saying the short-term earnings downside risk is too
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European shares fall as Middle East jitters curb risk-taking

UPDATE 2-European shares fall as Middle East jitters curb risk-taking For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Updated at 1600 GMT STOXX 600 down 0.9% Germany's SAP falls on report U.S. prosecutors broadening probe Nestle down after Citi downgrade Energy stocks rise amid elevated crude oil prices Euro Zone business activity down to 49.6 in Sept By Pranav Kashyap, Shashwat Chauhan Oct 3 (Reuters) - European shares declined on Thurs
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AstraZeneca, Danske Bank, Johnson Matthey

EUROPE RESEARCH ROUNDUP-AstraZeneca, Danske Bank, Johnson Matthey Oct 3 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including AstraZeneca, Danske Bank and Johnson Matthey, on Thursday. HIGHLIGHTS * AstraZeneca AZN.L : Jefferies cuts target price to 11,400p from 11,700p * Baltic Classifieds Group Plc BCG.L : Berenberg raises target price to 360p from 300p * Danske Bank DANSKE.CO : JP Morgan cuts target price to DKK 185 from DKK 190 * John
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JPM cuts K+S to 'neutral' on limited potash price upside

BUZZ-JPM cuts K+S to 'neutral' on limited potash price upside ** J.P.Morgan cuts potash and salt miner K+S SDFGn.DE to "neutral" from "overweight" as it sees a balanced to looser global potash market in the medium term, limiting the upside to potash prices ** "K+S has shifted its product mix towards higher-margin specialty fertilizers in Europe, wh
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Europe's chemicals rise boosted by Chinese stimulus

BUZZ-Europe's chemicals rise boosted by Chinese stimulus ** European benchmark chemicals index .SX4P is up 2.2%, with German firms leading gains boosted by Chinese stimulus measures announced earlier this week ** BASF BASFn.DE , K+S SDFGn.DE and Wacker Chemie WCHG.DE all rise 5-7% ** Sebastian Bray, analyst at Berenberg, says BASF's shares are also
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Baader cuts K+S to 'sell' on potash market downturn

BUZZ-Baader cuts K+S to 'sell' on potash market downturn ** Baader Helvea downgrades German potash and salt miner K+S SDFGn.DE to "sell" from "add" due to a downturn in the potash market ** It says weakening soft commodity prices and higher farm costs restrict farmers' fertiliser budget, while producers' pricing power is limited due to an abundant
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Argenx, Glencore, Volvo Car

EUROPE RESEARCH ROUNDUP- Argenx, Glencore, Volvo Car Aug 23 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Argenx, Glencore and Volvo Car, on Friday. HIGHLIGHTS * Argenx SE ARGX.BR : JP Morgan raises target price to EUR 570 from EUR 470 * Glencore GLEN.L : Morgan Stanley cuts target price to 470p from 480p * Rockwool A/S ROCKb.CO : Morgan Stanley raises PT to DKK 3023 from DKK 2664 * Swiss Re AG SRENH.S : RBC raises target price t
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AJ Bell, Avon Technologies, Hannover

EUROPE RESEARCH ROUNDUP-AJ Bell, Avon Technologies, Hannover Aug 20 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including AJ Bell, Avon Technologies and Hannover on Tuesday. HIGHLIGHTS * AJ Bell Plc AJBA.L : Morgan Stanley raises target price to 316p from 284p * Avon Technologies Plc AVON.L : Barclays raises target price to 1450p from 1400p * Hannover Re HNRGn.DE : Morgan Stanley raises target price to EUR 254 from EUR 252 * UCB SA UCB.B
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Domino's Pizza Group, OSB Group, Travis Perkins

EUROPE RESEARCH ROUNDUP-Domino's Pizza Group, OSB Group, Travis Perkins Aug 19 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Domino's Pizza Group, OSB Group and Travis Perkins, on Monday. HIGHLIGHTS * Domino's Pizza Group Plc DOM.L : Jefferies cuts target price to 400p from 430p * Holcim HOLN.S : Deutsche Bank raises to buy from hold * OSB Group OSBO.L : Peel Hunt cuts to hold from add * Travis Perkins TPK.L : Peel Hunt raises to
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Anglo American, Metro Bank, Synthomer

EUROPE RESEARCH ROUNDUP- Anglo American, Metro Bank, Synthomer Aug 15 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Anglo American, Metro Bank and Synthomer, on Thursday. HIGHLIGHTS * Anglo American AAL.L : Bernstein cuts target price to 2,500p from 2,700p * DNB Bank ASA DNB.OL : Citigroup cuts PT to NOK 208 from NOK 220 * Metro Bank MTRO.L : Peel Hunt raises target price to 60p from 30p * Synthomer SYNTS.L : HSBC cuts target pri
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K+S beats Q2 revenue forecasts as fertiliser sales recover

UPDATE 2-K+S beats Q2 revenue forecasts as fertiliser sales recover Adds agricultural segment performance in paragraph 3, shares in paragraph 4, outlook for potash supply paragraph 7 By Tristan Veyet and Chiara Holzhaeuser Aug 14 (Reuters) - German potash and salt miner K+S SDFGn.DE beat revenue expectations on Wednesday as it published its second quarter results, helped by higher sales volumes in its agricultural segment.
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K+S Q2 Revenue At 874 Mln Vs Consensus At Eur 832 Mln

BRIEF-K+S Q2 Revenue At 874 Mln Vs Consensus At Eur 832 Mln Aug 14 (Reuters) - K+S AG SDFGn.DE : Q2 REVENUE AT EUR 874 MILLION VERSUS CONSENSUS AT EUR 831.7 MILLION Q2 EBITDA AT EUR 128 MILLION VERSUS CONSENSUS AT EUR 128.6 MILLION OUTLOOK 2024: EBITDA RANGE NARROWED TO RANGE OF EUR 530-620 MILLION, FREE CASH FLOW OUTLOOK CONFIRMED H1 ADJUSTED FREE
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K+S beats Q2 revenue expectation, narrows EBITDA outlook

K+S beats Q2 revenue expectation, narrows EBITDA outlook Aug 14 (Reuters) - German potash and salt miner K+S SDFGn.DE beat revenue expectations on Wednesday as it released its second quarter results, helped by higher volume sales in its agricultural segment. The firm reported a quarterly revenue of 874 million euros ($960.61 million), 5% above analysts' expectations of 831.7 million euros according to a consensus compiled by Vara research.
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Swiss EMS Chemie H1 sales drop 8.1%, cuts 2024 sales guidance

UPDATE 1-Swiss EMS Chemie H1 sales drop 8.1%, cuts 2024 sales guidance Adds analyst comments in paragraphs 3, 8, 10, share move in paragraph 2 July 12 (Reuters) - Swiss nylon manufacturer EMS Chemie EMSN.S cut its 2024 sales guidance on Friday after reporting weaker-than-expected first-half sales, citing currency effects as the Swiss franc strengthened.
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