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BUZZ-WPP: broker boost

Reuters - UK Focus

** Advertising group WPP (LSE: WPP.L - news) second-top FTSE 100 riser & within grasp of 11-mth highs reached early Dec as Citi upgrades rating on stock to "buy" vs "neutral" partly on valuation grounds

** Bank rated at four stars for recommendation accuracy on WPP, according to StarMine

** Citi reckons EPS momentum will improve into FY2015E, albeit largely for non-organic reasons; thinks mkt misses value of non-core stakes cash proceeds from which could support accretive M&A; & valuation at almost a 5-year low vs mkt

Chart: http://link.reuters.com/tex63w

** WPP just on Thursday announced the acquisition of a digital agency in Mexico (RM (LSE: RM.L - news) :tricia.wright1.thomsonreuters.com@reuters.net)