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BUZZ-Thomas Cook: Broker cuts hurt stock after results

Reuters - UK Focus

** Thomas Cook (Xetra: A0MR3W - news) down 3.7 pct, among top FTSE midcap losers after Nomura, Natixis (Paris: FR0000120685 - news) cut PT on stock

** Nomura cuts PT to 123p from 135p, keeps "neutral" rating; Natixis cuts PT to 145p from 150p, keeps "buy rating

** Nomura cuts its estimate for FY15 EBIT citing strength of the British pound and impact of events in Tunisia and Greece

** Co warned on Thursday that forex, Tunisia and Greece would hurt profit by 64 million pounds ($100 million)

** Stock among top losers on pan-European Stoxx 600 Travel and Leisure Index, with 50 pct of its daily avg volume having gone through in the first 90 mins of trade ($1 = 0.6424 pounds) (venkateshasoumithri.mamidipudi.thomsonreuters.com@reuters.net)