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Top of the Street: UK real estate, European utilities, Covestro, SEB

BUZZ-Top of the Street: UK real estate, European utilities, Covestro, SEB A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Deutsche Bank raises three UK real estate companies to "buy" from "hold" citing cautious optimism as Britain moves into a rate cutting cycle ** It upgrades LondonMetric Property LMPL.L as its "roll up & recycle" model continues to plough on, and ups British Land BLND.L and Landsec LAND.L on improving office and retail fundamentals **
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DB resumes coverage of European utilities with neutral sector view

BUZZ-DB resumes coverage of European utilities with neutral sector view ** Deutsche Bank says a recovery in European utility stocks has narrowed their 15% underperformance vs wider market to just 2%, leaving the broker neutral on the sector ** "The rally and modest earnings upgrades means that the sector is again closer to its long-run norm: P/E pa
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Bureau Veritas, Covestro AG, Redcare Pharmacy NV

EUROPE RESEARCH ROUNDUP-Bureau Veritas, Covestro AG, Redcare Pharmacy NV Oct 2 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Bureau Veritas, Covestro AG and Redcare Pharmacy NV, on Wednesday. HIGHLIGHTS * British Land BLND.L : Deutsche Bank raises to buy from hold * Bureau Veritas BVI.PA : JP Morgan cuts to neutral from overweight * Covestro AG 1COV.DE : Jefferies cuts to hold from buy * Redcare Pharmacy NV RDC.DE : HSBC raises t
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Apollo inks $1 bln deal with BP to fund stake in Trans Adriatic gas pipeline

UPDATE 2-Apollo inks $1 bln deal with BP to fund stake in Trans Adriatic gas pipeline Adds details on the pipeline, comments, shares, in paragraph 3-5,7-10 Sept 16 (Reuters) - Apollo Global Management APO.N has signed a $1 billion deal with British energy major BP BP.L to fund its stake in the Trans Adriatic natural gas pipeline, the companies said on Monday.
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Spain's gas imports fall 20% in August from same month last year

Spain's gas imports fall 20% in August from same month last year Sept 10 (Reuters) - Spain's natural gas imports fell 20% in August compared to the same month a year earlier, data from Spanish grid operator Enagas ENAG.MC showed on Tuesday. Spain imported the equivalent of 27 , 026 gigawatt-hours of natural gas in August, Enagas said in a statement
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