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BUZZ-Ashtead: Down as investors lock in profits after results

Reuters - UK Focus

** Equipment hire group's shares down 2.3 pct, second-largest loser on FTSE-100 after expectation-beating results spur a spot of profit-taking in well-owned stock

** Company's forecast, traditionally strong, cited as an excuse

** "The quantum of upgrade for fiscal 16 and 17 is slightly shy of what people might have been hoping for. And so you've get a very modest bit of profit taking going on this morning," Jefferies analyst Justin Jordan said

** Stock top loser on FTSE 350 Support Services Index , which is down 0.8 pct, with a full day's avg volume having already gone through (venkateshasoumithri.mamidipudi.thomsonreuters.com@reuters.net)