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BUZZ-Unilever: UBS upgrades on volume growth and margin expansion

** Unilever (NYSE: UL - news) up 1.1 pct among top gainers on FTSE 100 index after UBS (LSE: 0QNR.L - news) upgrades to "buy"

** Broker expects improving volume growth and ongoing EBIT margin expansion (+50bps)

** Broker's analysis of Unilever's end-markets indicates company has the potential to grow at >5 pct pa, says pullback since its peak in Oct (Shenzhen: 000069.SZ - news) 2017 creates compelling entry point

** 15 of 28 brokerages rate the stock "buy" or higher, 12 "hold" and 1 "sell"

** Stock down c9 pct YTD, only slightly outperforming the FTSE 100