** Bank HSBC's shares up 1.6 pct, near the top ofthe FTSE, after UBS analysts raise PT on stock to 535pfrom 450p, keep "buy" rating
** Analysts cut estimates to assume lower margins on UKbanks, say Standard Chartered, HSBC do best given theirbusiness mix, add lower EPS estimates are offset by weaker poundfor both banks
** UBS hikes PT on StanChart to 510p from 450p, but keeps"sell" rating, shares up 0.8 pct
** Analysts also cut Barclays to "neutral" onweaker outlook for domestic and capital market banking,increased regulatory uncertainty, shares down 0.7 pct
** HSBC shares biggest lift to Stoxx 600 Banks index, while Barclays biggest drag
(venkateshasoumithri.mamidipudi.thomsonreuters.com@reuters.net)