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Exane ups Rovi to 'outperform', updates mid-cap top picks

BUZZ-Exane ups Rovi to 'outperform', updates mid-cap top picks ** Exane BNP Paribas upgrades Spanish pharma group Rovi ROVI.MC to "outperform" from "neutral" and updates its mid-cap top picks, with Colonial COL.MC making the list while Merlin Properties MRL.MC dropping out ** The broker says it is more optimistic on Rovi than the market even after the warning on the company's dependence on Moderna ** At the current share price of 74.4 euros, Exane still sees upside potential of more than 20%, ev
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Exane BNP Paribas prefers Colonial over Merlin within Spanish property

BUZZ-Exane BNP Paribas prefers Colonial over Merlin within Spanish property ** Exane BNP Paribas upgrades Colonial COL.MC to "outperform" from "neutral" on its new development pipeline and names it its top pick within Spanish property ** The brokerage factors in Colonial's new development plans, expecting rental creation of about 71 million euros a
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Alstom, Siemens, Tesco

EUROPE RESEARCH ROUNDUP-Alstom, Siemens, Tesco Sept 13 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Alstom, Siemens and Tesco, on Friday. HIGHLIGHTS * Alstom ALSO.PA : HSBC raises target price to EUR 26 from EUR 24 * Hexagon AB HEXAB.ST : HSBC cuts target price to SEK 110 from SEK 120 * Siemens AG SIEGN.DE : HSBC cuts target price to EUR 140 from EUR 150 * Tesco TSCO.L : Citigroup raises target price to 425p from 350p * Travis P
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Banco, Shell, WH Smith

EUROPE RESEARCH ROUNDUP-Banco, Shell, WH Smith Sept 12 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Banco, Shell and WH Smith on Thursday. HIGHLIGHTS * ABN Amro Bank NV ABNd.AS : JP Morgan raises to neutral from underweight * Banco Bpm BAMI.MI : JP Morgan raises to neutral from underweight * Shell Plc SHEL.L : Berenberg cuts target price to 3,100p from 3,400p * UMG UMG.AS : Citigroup cuts target price to EUR 26 from EUR 29.50 *
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Swedish offices vulnerable in European real estate, says Jefferies

BUZZ-Swedish offices vulnerable in European real estate, says Jefferies ** Jefferies sees better protection in European real estate outside of Swedish offices as the local market pattern adds headwinds to earnings growth ** Says lease contracts are much shorter in Sweden (3 years) than in other European countries (5 in Spain, 9-10 in France, German
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