BUZZ-Weir: rises on JPMorgan upgrade
** Weir Group (Other OTC: WEIGY - news) up 2.3 pct - highest in over 2 years
** JP Morgan raises rating to "overweight" from "neutral," ups target price to 2175p from 1800p
** "While demand in Weir’s two main end markets (oil & gas and mining equipment) has been improving for some months, the pace of improvement has been more dynamic than expected", JP Morgan (Other OTC: MGHL - news) says
** Four-star rated analyst sees close to 10 pct upside potential to its target price
** Stock among the biggest pct gainers in index
** Stock up ~6 pct this year as of Monday's close
(Reuters Messanging: aniruddha.c.thomsonreuters.com@reuters.net)