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Top of the Street: Worldline, AB InBev, Kering, Getlink, European utilities

BUZZ-Top of the Street: Worldline, AB InBev, Kering, Getlink, European utilities A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Jefferies upgrades French payments group Worldline WLN.PA to "hold" from "underperform" saying it believes the market is already pricing in most of the downside, including the likely need for more restructuring ** Citi ups brewer Anheuser-Busch Inbev ABI.BR to "buy" from "neutral" saying tight cost control could help expand mar
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Barclays names top picks for European utilities, with focus on US exposure

BUZZ-Barclays names top picks for European utilities, with focus on US exposure ** Barclays remains positive on European utilities .SX6P which have rallied 12% so far in H2 2024, and adjusts its top picks to factor in "underappreciated" U.S. exposure ** It says the market is unjustly ignoring European utilities' large presence in the U.S., where data centres and AI drive sustained power demand growth ** Its top names for U.S.
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ASM International, Burberry, LVMH

EUROPE RESEARCH ROUNDUP-ASM International, Burberry, LVMH Oct 1 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including ASM International, Burberry and LVMH on Tuesday. HIGHLIGHTS * ASM International ASMI.AS : Stifel cuts target price to EUR 740 from EUR 800 * Burberry Group BRBY.L : HSBC raises target price to 770p from 690p * Carlsberg CARLb.CO : Jefferies cuts target price to DKK 1,000 from DKK 1,100 * LVMH LVMH.PA : HSBC raises target p
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Spanish stocks - Factors to watch on Oct 1

Spanish stocks - Factors to watch on Oct 1 Oct 1 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Tues day . Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: INDRA IDR.MC Indra said on Monday it plans to start a formal process in order to examine various options related to its unit Minsait Payments.
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Spain's Merlin Properties bets on AI boom to drive revenue growth

CORRECTED-Spain's Merlin Properties bets on AI boom to drive revenue growth Corrects number in paragraph 3 to 394 million from 313 million By Matteo Allievi and Javi West Larrañaga Sept 30 (Reuters) - Spanish real estate group Merlin Properties MRL.MC expects its fledgling data centre business to account for about 40% of its revenue by 2030 as it taps into a boom in artificial intelligence, CEO Ismael Clemente told Reuters.
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