BUZZ-Street View: no magic wand for Merlin's woes

** Merlin Entertainments (Frankfurt: A1W713 - news) falls 2.4 pct as brokers cut target prices the day after a profit warning saw shares fall by 15 pct

** The Madame Tussauds and Alton Towers operator said terror attacks had deterred Britons from visiting its attractions

** JP Morgan ("neutral") cuts its TP to 378p from 385p: says shares are having "a Whitbread (Frankfurt: WHF4.F - news) moment", referring to the hospitality company whose turnaround and PE re-rating took years to come to fruition

** Barclays (Swiss: BARC.SW - news) ("overweight") cuts TP to 480p from 575p: says despite positive news around Legoland New York and Peppa Pig, EPS will likely be the focus of concerns

** Stifel ("hold") cuts TP to 380p from 450p: says a "cautious" trading update is a contrast to what it views as an expensive stock it rates at around 18x earnings

** Credit Suisse (IOB: 0QP5.IL - news) cuts its TP to 440p from 500p but upgrades to "overweight" from "neutral": says a now 30 pct share price fall since June is a buying opportunity, given the stock is at its cheapest ever level since IPO in 2013