BUZZ-Home Retail: Top of the STOXX as star analyst upgrades
** Home Retail (Other OTC: HMRLF - news) top UK midcap and best performer on the STOXX 600, up 3.5% in decent volume, as Morgan Stanley (Xetra: 885836 - news) upgrades rating on stock to "overweight"
** Broker flags "some very interesting things going on at Argos at the moment"; whilst it doesn't have high conviction as to how they will play out, with shares on 4x EBITDA & supported by 120p of cash per share, it sees risk-reward as attractive
** Bank rated at five stars for recommendation accuracy on Home Retail, according to StarMine
** Home Retail is transforming Argos from a catalogue-based retailer into a digital-oriented business, targeting higher sales from mobiles & tablet PCs & making collections faster & easier (RM (LSE: RM.L - news) : tricia.wright1.thomsonreuters.com@reuters.net)