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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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UBS starts Rational with 'neutral' as growth should continue

BUZZ-UBS starts Rational with 'neutral' as growth should continue ** UBS starts Rational RAAG.DE with "neutral" rating and PT of EUR 890, expecting the industrial kitchen retailer's growth to continue in the future ** The broker expects sales to show compound annual growth rate (CAGR) of 8% in 2023-28 thanks to two new product launches and iVario's
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Crest Nicholson, JDE Peet's, L'Oreal

EUROPE RESEARCH ROUNDUP-Crest Nicholson, JDE Peet's, L'Oreal Aug 14 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Crest Nicholson Holdings, JDE Peet's and L'Oreal, on Wednesday. HIGHLIGHTS * A.P. Moller-Maersk MAERSKb.CO : Deutsche Bank cuts PT to DKK 9217 from DKK 9283 * British American Tobacco Plc BATS.L : Barclays raises target price to 3100p from 2650p * Crest Nicholson Holdings Plc CRST.L : Peel Hunt cuts to hold from add *
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Admiral Group, IAG, Keller Group

EUROPE RESEARCH ROUNDUP- Admiral Group, IAG, Keller Group Aug 7 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Admiral Group, IAG and Keller Group, on Wednesday. HIGHLIGHTS * Admiral Group Plc ADML.L : HSBC raises target price to 2700p from 2625p * IAG ICAG.L : Citigroup raises target price to 245p from 225p * Keller Group Plc KLR.L : Deutsche Bank raises target price to 1800p from 1550p * OCI NV OCI.AS : JP Morgan raises to overw
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Europe's STOXX 600 edges up in global recovery, earnings relief

UPDATE 2-Europe's STOXX 600 edges up in global recovery, earnings relief For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window German industrial orders swell in ray of hope for weak economy Novo Nordisk logs biggest one-day gain in five months Bayer shares drop after earnings hit by tough farm market Monte dei Paschi di Siena up after raising profit outlook STOXX 600 up 0.3% Updated at 1600 GMT By Pranav Kashyap and Ankika Biswas Aug 6 (Reuter
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