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BUZZ-Stagecoach: JPM frets over slowing rail growth

Reuters - UK Focus

** Stagecoach falls 5.3 pct as JPM downgrades to "neutral" from "overweight"

** Says UK rail industry showing signs of slowing revenues after 10 years of growth

** Cautious on Stagecoach's East Coast rail franchise as being among the most vulnerable to the trend

** 5 pct dividend preventing a further downgrade to "underweight", JPM says

** Second top faller on FTSE 250 index

** National Express (LSE: NEX.L - news) up 2.6 pct after JPM upgrades to "overweight" from "neutral"