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BUZZ-Next Plc: Credit Suisse rating cut dents stock

Reuters - UK Focus

** Next (Other OTC: NXGPF - news) falls 2 pct on Credit Suisse (Other OTC: CDSSF - news) rating cut

** Credit Suisse slashes co rating to underperform from neutral

** Stock top loser on FTSE-100 Index

** CS cites citing rising concerns from gradual slowdown in co's near and medium term growth drivers

** More than one-fifth of 30-day average volume traded in the first half of market open

** 5 of 27 brokerages rate the stock "buy" or higher, 19 "hold" and 3 "sell" or lower

** Up to Thursday's close, stock had risen 19 pct (aashika.jain@thomsonreuters.com)