BUZZ-Top of the Street: round-up of highly rated analyst action in Europe

Ratings & estimate changes by Europe's top-ranked* analysts:

** TalkTalk - Goldman Sachs (NYSE: GS-PB - news) (4-star analyst), increasing value as a strategic acquisition, ups target price by 18%, stays on GS Pan-Europe buy list.

** Neopost (Frankfurt: NEQ.F - news) - SocGen (Paris: FR0000130809 - news) , (5-stars on earnings accuracy), cuts EPS (6-7%) & target price to 54, primarily on margin erosion.

** ITV (Frankfurt: IJ7.F - news) - Macquarie, top-ranked analyst, no change but re-iterates outperform ("marquee idea" for broker), more optimistic than UBS (Xetra: UB0BL6 - news) which cut to neutral yesterday.

** Actelion - UBS (5-stars on recommendations), pushes a buy ahead of GRIPHON Phase III results in June.

** Aberdeen Asset Mgmt (Frankfurt: 324.F - news) - Credit Suisse (NYSE: CS - news) (4-star analyst), target price down to 415p (from 470p), EPS down 6-7%, cites weak flows into its GEM (Shenzhen: 002340.SZ - news) , AsiaPac & Global equity funds.

** Bellway - JPM (5-stars on earnings accuracy), ups FY14 EPS by 8%, gross margin expansion, keeps overweight, (DB also ups EPS, but keeps hold, better value at peers)

** British Land (LSE: BLND.L - news) - SocGen, (5-stars), cuts to hold from buy

* Analyst rankings from Thomson Reuters StarMine. Scale is from 1-star to 5-star with 5 being best. Analysts ranked on earnings accuracy as well as relative performance of recommendations over a trailing 24-month period.

(Stocks Buzz is a pilot project. Please send any feedback or suggestions to vikram.subhedar@thomsonreuters.com) (RM (LSE: RM.L - news) : vikram.subhedar.thomsonreuters.com@reuters.net)