BUZZ-Renishaw: hikes FY guidance on record order book
** Precision engineer Renishaw hits 10-mth highs after raising FY revenue & profit forecasts in a trading update released just before mkt close on Tuesday
** Co cites good momentum in its business & record order book
** Stock up 6.4 pct, top UK midcap riser & builds on nr 5 pct rise seen in previous session
** Busiest FTSE 250 stock by some margin, with more than twice 90-day daily avg volume already traded
** Barclays (LSE: BARC.L - news) raises TP for stock to 2,425p vs 2,140p
** Broker suspects continued strong demand from the electronic market & smartphones & wearables in particular driving Renishaw's significant increase to guidance
** Barclays rated at 4 stars for recommendation accuracy on Renishaw, according to StarMine (RM (LSE: RM.L - news) :aashika.jain.thomsonreuters.com@reuters.net)