BUZZ-easyJet: boosted by Cantor upgrade

** easyJet gains 3.2 pct to 1,072 pence after Cantor Fitzgerald upgrades stock to "buy" from "hold"

** Analyst says concerns over trading and the impact of Britain's vote to leave the EU, which have pushed the stock down 40 percent in the year to date, are overdone

** Does not expect travel spend in the UK and across Europe to see a sharp downturn

** Says easyJet can use its financial strength to discount seats and build its market share

** Sees (Shanghai: 600481.SS - news) outlets for growth in easyJet's network, in the UK as well as Italy and other sunshine holiday destinations

** Broker lifts target price to 1,300 pence from 1,200 pence

** Consensus bearish easyJet view: StarMine's ARM model, a measure of change in analyst sentiment, shows easyJet strongly out of favour with sellside, scoring 1 out of the maximum 100 (RM (LSE: RM.L - news) : sarah.young.thomsonreuters.com@reuters.net)