** JPM, Morgan Stanley and Barclays strategists all pushingvalue stocks to clients at the expense of growth names
** MS notes continuing rally in cyclicals v defensives butsays unusual that value v growth yet to catch up. Chart: http://link.reuters.com/myc34w
** Its highest-conviction names dominated by oil stocks,along with Tesco and Mitchells & Butlers
** Upgraded oil services sector on valuation grounds on Feb.16
** JPM says to rotate into laggards: moves overweight value,adds to banks, upgrades energy
** Barclays keen on value theme, but also suggests rally incyclicals still has further to run
** US investors favour value over quality when rotating intoEurope. Chart: http://link.reuters.com/qyc34w
** Barclays notes fund flows show move into cyclicals onlyhalf done. Chart: http://link.reuters.com/pyc34w (RM: alasdair.pal.thomsonreuters.com@reuters.net)