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Too early to turn bullish on European real estate - DB

LIVE MARKETS-Too early to turn bullish on European real estate - DB STOXX Europe 600 up 0.3% Nvidia results fail to excite Budget statement due in the UK Nasdaq futures positive 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 TOO EARLY TO TURN BULLISH ON EUROPEAN REAL ESTATE - DB (1208 GMT) Although investors have already started to cheer about a possible easing of central banks'
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Givaudan SA, HSBC, Verbund AG

EUROPE RESEARCH ROUNDUP-Givaudan SA, HSBC, Verbund AG Nov 22 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Givaudan SA, HSBC, and Verbund AG, on Wednesday. HIGHLIGHTS * Givaudan SA GIVN.S : Morgan Stanley cuts to underweight from equal weight * Howden Joinery HWDN.L : Jefferies starts with buy rating; target price 835p * HSBC HSBA.L : RBC cuts to sector perform from outperform * Interroll Holding AG INRN.S : Berenberg cuts to hol
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Top of the Street: Maersk, Britvic, Heidelberg Materials, Hargreaves Lansdown

BUZZ-Top of the Street: Maersk, Britvic, Heidelberg Materials, Hargreaves Lansdown A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** J.P.Morgan raises Maersk MAERSKb.CO to "overweight" from "neutral," on a combination of having a less pessimistic view on earnings than guidance, and valuation ** Morgan Stanley raises Heidelberg Materials HEIG.DE to "overweight" from "equal-weight" and says recent underperformance presents an "attractive entry point" INITIAT
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Bad news already priced in for Euro real estate - Jefferies

BUZZ-Bad news already priced in for Euro real estate - Jefferies ** Jefferies expects European real estate firms to face headwinds from fears of a recession and high interest rates, but says that "a lot of the bad news is already priced in" ** The sector looks even cheaper than in 2009, the broker says , as share prices imply a 25% decline in asset
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Simon Property Group Says Subsidiary Simon Global Development Launches Offering Of EUR 750 Million Guaranteed Exchangeable Bonds

BRIEF-Simon Property Group Says Subsidiary Simon Global Development Launches Offering Of EUR 750 Million Guaranteed Exchangeable Bonds Nov 7 (Reuters) - Simon Property Group Inc SPG.N : SIMON PROPERTY GROUP L.P. ANNOUNCES THE LAUNCH BY ITS SUBSIDIARY SIMON GLOBAL DEVELOPMENT B.V. OF AN OFFERING OF EUR 750 MILLION GUARANTEED EXCHANGEABLE BONDS EXCHA
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