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BUZZ-Laird: hits 4-month high on Berenberg upgrade

** Apple (NasdaqGS: AAPL - news) supplier Laird (Other OTC: LARRF - news) 's shares up 8.6 pct - highest in over 4 months

** Berenberg raises to "buy" from "sell"; raises target price to 240p from 130p

** "Novero is returning to profitability, and stronger-than-expected lfl growth is being seen in Laird's business units," Berenberg analyst says

** Analysts believe co's connected vehicle business will deliver organic growth of 13 pct PA until 2020

** 2 of 5 brokerages rate the stock "buy" or higher and 3 "hold"; their median PT is 160p

** Up to Thursday's close, stock had risen about 8 pct YTD compare to 3 pct increase in FTSE Small Cap index

** Top riser on FTSE All Share Technology and on FTSE Small Cap indexes