EUROPE RESEARCH ROUND-UP: ArcelorMittal, MAN, Swatch=2

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Macquarie ups price target to 735P from 625P; rating outperform * Valora : Vontobel cuts price target to SFR 200 from SFR 250; rating hold * Vetropack : Vontobel raises price target to SFR 1800 from SFR 1700; rating hold * Viscofan SA : Goldman Sachs cuts to neutral from buy * Vivendi : Credit Suisse cuts target to EUR 17.90 from EUR 20.70; rating outperform * Vivendi SA : HSBC cuts to neutral from overweight * Vivendi SA : HSBC cuts price target to eur 16 from eur 23 * Voestalpine : Exane ...

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