BUZZ-Top of the Street: Schneider Electric, Lufthansa, Rightmove A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Berenberg cuts Schneider Electric SCHN.PA to "hold" from "buy", as it considers Monday's change of CEO at the French industrial group as an "unwelcome surprise" ** Morgan Stanley raises Deutsche Lufthansa LHAG.DE to "equal weight" from "underweight", saying the German airline's shares have likely bottomed out ** J.P.Morgan upgrades UK water ut

BUZZ-UK's water utilities gain on brokerage upgrades ** Shares of UK water utilities Severn Trent SVT.L and United Utilities UU.L rise 2.7% and 2.5%, respectively; stocks top two pct gainers on FTSE 100 .FTSE index ** JP Morgan upgrades SVT to "overweight" from "neutral"; raises TP to 2,975p from 2,700p ** Citigroup raises to "neutral" from "sell";

EUROPE RESEARCH ROUNDUP-Direct Line Insurance, Equals Group, Holmen AB Nov 5 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Direct Line Insurance, Equals Group and Holmen AB on Tuesday. HIGHLIGHTS * Cab Payments Holdings Plc CABP.L : Peel Hunt cuts target price to 115p from 130p * Deutsche Boerse AG DB1Gn.DE : JP Morgan cuts target price to EUR 194 from EUR 196 * Direct Line Insurance DLGD.L : JP Morgan cuts target price to 200p f

EUROPE RESEARCH ROUNDUP-Assa Abloy, Kering, L'Oréal Oct 24 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Assa Abloy, Kering and L'Oréal, on Thursday. HIGHLIGHTS * Assa Abloy ASSAb.ST : Deutsche Bank raises target price to SEK 305 from SEK 300 * Barratt Redrow Plc BTRW.L : Morgan Stanley cuts target price to 580p from 600p * Dowlais Group Plc DWL.L : Citigroup raises to neutral from sell * Kering PRTP.PA : JP Morgan cuts target

REFILE-UPDATE 1-UK 'closely monitoring' Thames Water, ready to act, says minister Adds byline By Muvija M LONDON, Oct 23 (Reuters) - The British government is closely monitoring struggling water supplier Thames Water and is ready to take action if needed, environment minister Steve Reed said on Wednesday , although he ruled out renationalisation of the sector as a whole.