Fixes typo in headline
A round-up of notable broker activity this morning from Europe's top-ranked* analysts:
** Barclays downgrades British automotive classifieds platform AutoTrader AUTOA.L to "equal weight" from "overweight", anticipating a slowdown in medium-term revenue and profit growth
** Goldman Sachs downgrades Danish brewer Royal Unibrew RBREW.CO to "neutral" reflecting the loss of its Pepsi license after FY 2028
** Kepler Cheuvreux downgrades French semiconductor materials maker Soitec SOIT.PA to "hold" from "buy" citing "over-bullish expectations" for the firm's photonics unit
(*Analyst rankings from Thomson Reuters StarMine. The scale is from 1-star to 5-star with 5 being the best. Analysts are ranked on earnings accuracy as well as relative performance of recommendations over trailing 12-month & 24-month periods.)
(Reporting by Agnieszka Olenska and Mathias de Rozario)
((Agnieszka.Olenska@thomsonreuters.com, Mathias.deRozario@thomsonreuters.com))