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BUZZ-IAG: top of the FTSE after Barclays reinstates with "overweight"

** IAG up 1.3 pct, briefly the only FTSE 100 riser , after Barclays (LSE: BARC.L - news) reinstates coverage with "overweight" rating, PT of 750p

** Stock easily outperforms UK bluechip index which is down 1.4 pct

** Analysts name IAG becomes top pick in the European transport sector, replacing Deutsche Post (Other OTC: DPSGY - news)

** Co poised to keep beating mid-cycle targets helped by falling fuel prices and revenue improvements, analysts say

** Morgan Stanley (Xetra: 885836 - news) analysts name IAG one of 20 best most oversold cos in Europe after recent market volatility

** Stock third-largest gainer on Stoxx 600 travel and leisure index, beaten by Betfair and Paddy Power which announced a merger on Wednesday (venkateshasoumithri.mamidipudi.thomsonreuters.com@reuters.net)