UPDATE 1-RESEARCH ALERT-ING cuts European autos, ups healthcare

Newswire

(Adds details) Nov 26 (Reuters) - ING downgraded the European autos, industrial goods and services, insurance and technology sectors while it upgraded the European food and beverages, healthcare, and personal and household goods sectors. Sectors with the most "over-optimistic" estimates are autos and technology followed by financial services, media and retail, ING said in a note to clients. "Banks have been the biggest drag on market performance over the last three months, followed by ...

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