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BUZZ-TalkTalk: Exane downgrades on competition fears

** Phone and broadband provider TalkTalk falls 3.8 pct after Exane double-downgrades to "underperform" from "outperform"

** Broker says threat of competition from Sky (LSE: BSY.L - news) and Vodafone likely to see TalkTalk suffer

** Says co likely to just hit FY17 guidance but consensus is too optimistic

** Fourth top faller on FTSE 250 index