** Shares in engineering firm Cobham down 2.9 pct,second-largest FTSE mid-250 losers, after JP Morgan cutsrating on co to "neutral" from "buy", PT to 255p from 305p
** RBC, Societe Generale, Barclays all cut PTs, keep ratingof "hold" or equivalent, Deutsche cuts PT and reiterates "sell"
** Co reported FY EPS of 19.5p vs expected 20.1p-21.7p rangeon Thursday, sending shares down 7.6 pct.
** JPM cuts 2016 EPS estimates, notes co reported higher netdebt than expected
** SocGen - 4-star rated on co according to StarMine - cutsEPS forecast citing co's outlook comments; co sees defence &security markets stable, commercial markets weak
** Of 19 analysts covering stock, 3 have "buy", 13 have"hold", 3 have "sell"; median PT 275p vs 300p 60 days ago
** Shares have now lost a tenth of their value fromWednesday's close and trading below stock's 50-day SMA, levelfirst breached after results (venkateshasoumithri.mamidipudi.thomsonreuters.com@reuters.net)
