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Top of the Street: Roche, Fresenius, BASF, AstraZeneca, Rational, PSP Swiss Property, Swiss Prime Site

BUZZ-Top of the Street: Roche, Fresenius, BASF, AstraZeneca, Rational, PSP Swiss Property, Swiss Prime Site A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Deutsche Bank cuts Roche ROG.S to "sell" from "buy", citing limited catalyst due to a risk of Roche creating a lot of sunk cost for little ultimate return ** J.P.Morgan upgrades Fresenius FREG.DE to "overweight" from "neutral" as it sees earnings compression at the German healthcare group coming to an
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Barclays sees cheap debt helping Swiss real estate earnings

BUZZ-Barclays sees cheap debt helping Swiss real estate earnings ** Barclays starts Swiss real estate companies PSP Swiss Property PSPN.S with "overweight" and Swiss Prime Site SPSN.S with "equal weight", saying cheap debt in Switzerland should help earnings ** The broker believes the low cost of debt in Switzerland is advantageous, as earnings are
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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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Top of the Street: European real estate and Nordic banks

BUZZ-Top of the Street: European real estate and Nordic banks A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Morgan Stanley raises its view of European property firms to "attractive", expecting better times soon against a compelling backdrop of further rate cuts, lower long-term rates, and stabilising asset values ** It ups Spain's Colonial COL.MC to "equal-weight" from "underweight", seeing its shares as fairly valued, but cuts Switzerland's PSP PSPN.S
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