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Rate cuts to benefit building materials sector, HSBC say

BUZZ-Rate cuts to benefit building materials sector, HSBC say ** HSBC says a possible turn in the interest rate cycle should lead to a recovery in residential demand in 2025, boosting building materials producers ** The analysts expect rate cuts of 150 basis points in the U.S. and Europe from September 2024 to end-2025 ** HSBC forecasts light building materials producers' EBIT/EBITDA to grow 8% in 2025, with heavy materials makers lagging behind without energy cost deflation benefits ** It prefe
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Alcon, Rockwool, Zealand Pharma

EUROPE RESEARCH ROUNDUP- Alcon, Rockwool, Zealand Pharma Sept 10 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Alcon, Rockwool and Zealand Pharma, on Tuesday. HIGHLIGHTS * Alcon AG ALCC.S : RBC raises to outperform from sector perform * Maersk MAERSKb.CO : JP Morgan resumes coverage with underweight rating; target DKK 8,575 * Rockwool ROCKB.CO : HSBC raises target price to DKK 3,200 from DKK 3,100 * Wizz Air WIZZ.L : JP Morgan cu
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Swiss stocks - Factors to watch on September 10

Swiss stocks - Factors to watch on September 10 ZURICH/GDANSK, Sept 10 (Reuters) - Here are some of the main factors that may affect Swiss stocks on Tuesday: UBS GROUP AG UBSG.S Media - The company is weighing a wealth tie-up to compete in cutthroat Indian market, Bloomberg News says. ANALYSTS' VIEWS HOLCIM AG HOLN.S - HSBC RAISES TARGET PRICE TO CHF 84 FROM CHF 80 SIKA AG SIKA.S - HSBC CUTS TARGET PRICE TO CHF 370 FROM CHF 380 SKAN GROUP AG SKAN.S - BERENBERG CUTS TARGET PRICE TO CHF 93 FROM CH
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Deutsche Bank takes a shine to the construction sector

LIVE MARKETS-Deutsche Bank takes a shine to the construction sector STOXX 600 down 0.3% Utilities, banks lead Luxury lags Nasdaq futures steady Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com DEUTSCHE BANK TAKES A SHINE TO THE CONSTRUCTION SECTOR Analysts at Deutsche Bank have upgraded the construction and materials sector to overweight on lower interest rates, solid earnings gro
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Sika Significantly Expands Its Mortar Production In Indonesia

BRIEF-Sika Significantly Expands Its Mortar Production In Indonesia Aug 13 (Reuters) - Sika AG SIKA.S : SIKA AG - SIGNIFICANTLY EXPANDS ITS MORTAR PRODUCTION IN INDONESIA SIKA AG - HAS MORE THAN DOUBLED PRODUCTION CAPACITY AT BEKASI PLANT, ITS BIGGEST MANUFACTURING FACILITY IN INDONESIA Source text for Eikon: ID:nGNEbzg3Kl Further company coverage:
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