BUZZ-Kingfisher: multi-month lows as Street's optimism fading

** Home improvements retailer Kingfisher (LSE: KGF.L - news) hits 18-1/2 month lows as Deutsche Bank (Xetra: 514000 - news) sounds note of caution on upcoming quarters.

** Broker cuts rating to "hold" vs "buy" in run up to co's Q3 trading update on Nov 25.

** Notes weak end markets & negative currency continue to take toll on earnings; comparison base becoming progressively more challenging in Q4 & Q1 with no obvious respite from consumer.

** Stock down 2.3 pct, second-worst performer faller on a 0.5 pct firmer FTSE 100 index.

** Volume solid with a third of 90-day daily average already traded less than hour after open.

** Weakness comes even as peer M&S leaps nearly 8 pct on earnings beat, margins outlook.

** Underperforms other peers; Home Retail (Other OTC: HMRLF - news) up 1.6 pct, Next 0.9 pct firmer, Debenhams (Other OTC: DBHSF - news) up 0.3 pct. (RM (LSE: RM.L - news) : tricia.wright1.thomsonreuters.com@reuters.net)