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BUZZ-Go-Ahead: Shares drop after Deutsche Bank downgrade

** Transport group Go-Ahead's shares down 7 pct, stock top pct loser on FTSE 250

** Deutsche Bank (IOB: 0H7D.IL - news) cuts rating on stock to "hold" from "buy"; cuts PT to 1,840 pence from 2,340 pence

** In the absence of future rail franchise wins, and with Go-Ahead's bus businesses seeing the same muted trends as the rest of the industry, it is less clear that the shares are significantly undervalued - Deutsche Bank

** GOG's cash forecasts could move down for the initial few years on higher capex, DB says

** Shares (Berlin: DI6.BE - news) in Go-Ahead have risen 3.3 pct in the past 12 months (Reuters Messaging: radhika.rukmangadhan.thomsonreuters.com@reuters.net)