BUZZ-Top of the Street: Nestle, Anglo American, Bureau Veritas A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Deutsche Bank downgrades Nestle NESN.S to "hold" from "buy", saying the world's biggest packaged food company went "a cut too far" as it trimmed its sales growth outlook on Thursday ** UBS raises British miner Anglo American AAL.L to "buy" from "neutral" as it sees better risk/reward ratio after the stock fell enough following BHP's BHP.AX offer

BUZZ-Demant drops after profit warning ** Shares in Demant DEMANT.CO fall around 10% to November lows after the Danish hearing aid maker cut its full-year outlook , citing a "significant" loss of market share for the managed care brand ** Demant now forecasts its organic revenue in 2024 to grow 2-4% against 4-8% seen earlier, expecting continuous low growth in the Hearing Aids unit ** It cuts adjusted EBIT guidance to 4.30-4.60 billion Danish crowns ($629-$672 million) from 4.60-5.00 billion cro

Swiss stocks - Factors to watch on June 13 ZURICH/GDANSK, JUNE 13 (Reuters) - Here are some of the main factors that may affect Swiss stocks on Thursday: LEM HOLDING LEHN.S LEM says CFO Andrea Borla to leave by end of November 2024 FLUGHAFEN ZUERICH FHZN.S Flughafen Zuerich May passengers up 9% at 2.8 mln ANALYSTS' VIEWS SFS GROUP AG SFSN.S - BAADER HELVEA CUTS TO ADD FROM BUY, RAISES TARGET PRICE TO CHF 134 FROM CHF 120 EX-DIVIDEND SONOVA SOON.S - 4.3000 CHF/shr dividend ECONOMY Swiss May produ

EUROPE RESEARCH ROUNDUP- Ascential, Cellnex, Wise May 21 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Ascential, Cellnex and Wise on Tuesday. HIGHLIGHTS * Ascential ASCL.L : Berenberg re-initiates coverage with buy rating; target price 395p * Burberry BRBY.L : Barclays cuts target price to 1090p from 1340p * Cellnex CLNX.MC : Berenberg raises to buy from hold * Trainline TRNT.L : Deutsche Bank initiates coverage with buy rating a

BUZZ-Jefferies cuts Sonova to 'hold' on lack of short-term catalyst ** Jefferies cuts Sonova SOON.S to "hold" from "buy", citing short-term competition and low visibility ahead of new platform launch in H2 as well as weak FY results ** It cites a lack of a short-term catalyst for gains, saying the Swiss hearing aid maker's new platform launch is on