EUROPE RESEARCH ROUND-UP: BMW, Alpha Bank, Daimler =2

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from 132p * Telenet : BofA Merrill cuts to neutral from buy * Verbund : BofA Merrill cuts to underperform from neutral * Vivendi : S&P equity research raises to strong buy from buy * William Hill : Jefferies raises price target to 260p from 210p; rating hold * William Hill : JP Morgan raises to overweight from neutral * William Hill : JP Morgan raises price target to 330p from 228p * Wolfson Microelectronics : Numis raises to buy from hold * Zumtobel : Deutsche Bank cuts target price to ...

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