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BUZZ-Aggreko: Credit Suisse cuts rating on competition concerns

Reuters - UK Focus

** Temporary power provider Aggreko (Frankfurt: A1XFZR - news) 's shares down 7.5 pct, second-largest losers on the Stoxx 600, after Credit Suisse (LSE: 0QP5.L - news) cuts to "underperform" from "neutral", PT to 740p from 1065p

** CS analysts say Turkey's Karpowership could displace Aggreko as global leader, aims to end 2016 with a fleet about 60 pct the size of Aggreko's Utility Power Solutions fleet

** Aggreko at 8-mth lows, set for worst day in more than 2-mths

** Stock second-largest loser on the Stoxx 600 Industrial Goods and Services Index (behind German engineering firm GEA which cut outlook ) (venkateshasoumithri.mamidipudi.thomsonreuters.com@reuters.net)