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

BUZZ-'Medicine is starting to work', JPM upgrades Fresenius ** J.P.Morgan upgrades Fresenius FREG.DE to "overweight" from "neutral" as it sees earnings compression at the German healthcare group coming to an end ** The broker says Fresenius delivered results above expectations in each of the last four quarters and management made progress in improv

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 *

UPDATE 6-Nestle replaces CEO Schneider with company veteran Freixe Adds Freixe's age and background in paragraph 15, and further comment, no other changes By John Revill and Richa Naidu ZURICH/LONDON, Aug 22 (Reuters) - Nestle NESN.S is replacing CEO Mark Schneider with company veteran Laurent Freixe, the Swiss food group said on Thursday, marking a change of leadership as it faces a challenge to grow sales.

EUROPE RESEARCH ROUNDUP- Bodycote, Croda, Spectris July 31 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Bodycote, Croda and Spectris, on Wednesday. HIGHLIGHTS * Bodycote Plc BOY.L : HSBC cuts target price to 940p from 950p * Bucher Industries AG BUCN.S : Berenberg cuts target price to CHF 464 from CHF 470 * Croda CRDA.L : HSBC cuts target price to 4400p from 4800p * Spectris Plc SXS.L : JP Morgan raises target price to 2,950p fr

UPDATE 2-Fresenius beats Q2 view on strong unit performance, cost savings Adds details on restructuring in paragraphs 5, 6, profit for units in paragraph 7 By Bartosz Dabrowski July 31 (Reuters) - German healthcare group Fresenius FREG.DE beat second-quarter operating profit expectations on Wednesday, citing strong performance at its Kabi and Helios units, and progress in group-wide cost savings.

Fresenius beats Q2 expectations on strong unit performance, cost savings July 31 (Reuters) - German healthcare group Fresenius FREG.DE beat second-quarter operating profit expectations on Wednesday, citing strong performance at its Kabi and Helios units, and progress in group-wide cost savings. It reported earnings before interests and taxes (EBIT) of 660 million euros ($714 million), up 16% from a year ago.

Fresenius Medical Care AG reports results for the quarter ended in June - Earnings Summary Fresenius Medical Care AG FMEG.DE reported quarterly adjusted earnings of 48 cents​​ per share for the quarter ended in June, lower than the same quarter last year, when the company reported EPS of 60 cents. The mean expectation of six analysts for the quarter was for earnings of 67 cents per share.

BUZZ-FMC hits 5-month low after it cuts outlook for US volume growth ** Shares in Fresenius Medical Care FMEG.DE fall as much as 9% to a five-month low after it cut 2024 outlook for volumes in its key U.S. market ** The world's largest dialysis specialist sees flat to 0.5% treatment volume growth in the U.S., down from the previously expected 0.5%

UPDATE 1-Dialysis firm FMC cuts outlook for US treatment volumes, shares fall Recasts with US patient volumes outlook, adds shares in paragraph 4 July 30 (Reuters) - World's largest dialysis specialist Fresenius Medical Care FMEG.DE cut the outlook for volumes in its key U.S. market on Tuesday after revenue from treatments there fell in the second quarter, weighed down by elevated mortality due to COVID-19 and flu among its patients.

Dialysis specialist FMC's Q2 profit meets expectations July 30 (Reuters) - World's largest dialysis specialist Fresenius Medical Care FMEG.DE reported adjusted second-quarter operating profit in line with expectations on Tuesday. Robust earnings in its health care products division, which produces dialysis machines, helped offset weaker patient volumes in the main health care services division, which provides dialysis procedures.

Fresenius Medical Care AG expected to post earnings of 67 cents a share - Earnings Preview Fresenius Medical Care AG FMEG.DE is expected to show a rise in quarterly revenue when it reports results on July 30 for the period ending June 30 2024 The Bad Homburg Vor Der Hohe Hessen-based company is expected to report a 2.9% increase in revenue to €4.964 billion from €4.83 billion a year ago, according to the mean estimate from 7 analysts, based on LSEG data.

Fresenius Medical Care AG expected to post earnings of 34 cents a share - Earnings Preview Fresenius Medical Care AG FMS.N , FMS is expected to show a fall in quarterly revenue when it reports results on July 30 for the period ending June 30 2024 The Bad Homburg Vor Der Hohe Hessen-based company is expected to report a 0.3% decrease in revenue to €4.812 billion from €4.83 billion a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

BUZZ-MS raises Fresenius to 'overweight' on 'tipping point on portfolio simplification' ** Morgan Stanley raises Fresenius FREG.DE to "overweight" from "equal weight," as it sees the German healthcare group has "reached a tipping point on portfolio simplification" ** The analyst says that Kabi, the company's division for IV drugs, nutrition product

BUZZ-DaVita falls on reaching agreement with US DOJ to resolve illegal kickback allegations ** Shares of healthcare company DaVita DVA.N fall 2.8% to $135.93 in afternoon trade ** Co mpany says it has agreed to pay over $34 mln to the U.S. Department of Justice (DOJ) for resolving allegations of paying illegal kickbacks to nephrologists and vascular access physicians to induce referral of patients to its dialysis centers ** DOJ alleges DaVita paid "improper remuneration" to a large nephrology pr

BUZZ-DaVita falls on report of FTC launching an investigation into co ** Shares of dialysis firm DaVita DVA.N fall 2.8% to $137.59 ** The U.S. Federal Trade Commission is investigating DVA and Fresenius Medical Carev FMEG.DE over allegations that the companies have been illegally thwarting smaller competitors, Politico reported on Saturday ** The F

UPDATE 1-US FTC probing DaVita, Fresenius Medical, Politico reports Adds more details in paragraph 4, background in paragraph 6 July 13 (Reuters) - The U.S. Federal Trade Commission (FTC) is investigating healthcare providers DaVita DVA.N and Fresenius Medical Care FMEG.DE over allegations that the companies have been illegally thwarting smaller competitors, Politico reported on Saturday, citing three people familiar with the matter.

BRIEF-US Federal Trade Commission Is Investigating Dialysis Providers Davita And Fresenius Medical Care- Politico July 13 (Reuters) - US FEDERAL TRADE COMMISSION IS INVESTIGATING DIALYSIS PROVIDERS DAVITA AND FRESENIUS MEDICAL CARE- POLITICO Source https://tinyurl.com/ym3t3yby

US FTC probing DaVita, Fresenius Medical, Politico reports July 13 (Reuters) - The U.S. Federal Trade Commission (FTC) is investigating healthcare providers DaVita DVA.N and Fresenius Medical Care FMEG.DE over allegations that the companies have been illegally thwarting smaller competitors, Politico reported on Saturday, citing three people familiar with the matter.