BUZZ-BAE Systems: Only FTSE 100 faller on Credit Suisse downgrade

** Defence company BAE Systems (LSE: BA.L - news) 's shares down 0.9 pct, only FTSE 100 stock in negative territory, after Credit Suisse (LSE: 0QP5.L - news) cuts rating to "underperform" from "neutral", largely on valuation grounds

** "Not the defence name to own," analysts say, highlighting stock's strong performance and concerns that a large order from Saudi Arabia may fail to materialise

** Co "now trades on an EV/EBIT multiple of 11.2x 2017E, at a 10% premium to its US peers despite having a less favourable exposure to the US budget," analysts say

** Shares (Berlin: DI6.BE - news) defying a 1.6 pct bounce in the FTSE, which is set for its best day in nearly a month

** CS cut rating on co to "neutral" from "outperform" in Oct (HKSE: 3366-OL.HK - news) .

** One fifth of stock's 30-day avg volume gone through since open on Tues (venkateshasoumithri.mamidipudi.thomsonreuters.com@reuters.net)