EUROPE RESEARCH ROUNDUP: Axa, TomTom, Adecco=2

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cuts price target to $18.4 from $20.6; rating buy * Smurfit Kappa Group : Goldman Sachs adds to conviction buy list * Soco International : Singer starts with buy; price target 350p * Spectris Plc : UBS cuts price target to 1650p from 1900p; rating buy * Spirax Sarco : UBS cuts price target to 2000p from 2100p; rating neutral * Standard Chartered : UBS cuts price target to 1750p from 1800p; rating buy * Standard Chartered : Deutsche Bank raises price target to 1665p from 1640p * Statoil : ...

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