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BUZZ-Wolseley: Falls for second day on Citi, Canaccord cuts

** Wolseley (LSE: WOS.L - news) 's shares down 2 pct, near the bottom of the FTSE 100 and at 8-mth lows, after Citi, Canaccord Genuity cut ratings on co

** Citi moves to "neutral", Canaccord to "hold", both earlier had a "buy" rating

** Citi analysts cite softer growth trajectory in the near term; co warned on Wednesday that Q4 revenue growth slowed to 1 pct

** Canaccord analysts also cite slowing revenue growth, add shares are looking relatively full on valuation after a bounce of about 20 pct since Feb

** UBS (LSE: 0QNR.L - news) , Credit Suisse (LSE: 0QP5.L - news) also cut PTs (Other OTC: PTSH - news) on co

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** Shares (Berlin: DI6.BE - news) now trading below 200-day SMA

** A quarter of co's 30-day avg vols gone through in the first 45 minutes of trade

** Only larger fallers on the FTSE are going ex-dividend - Taylor Wimpey (LSE: TW.L - news) , Marks and Spencer, National Grid (LSE: NG.L - news) (venkateshasoumithri.mamidipudi.thomsonreuters.com@reuters.net)