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BUZZ-Vodafone: top of the STOXX as European mobile services revs improve

Tue, 11th Nov 2014 08:43

** Vodafone up 4.8 pct is best performer across topEuropean stocks as upbeat results & brighter outlookjustify recent run-up and spurs more broker optimism.

** Traders cite improvement in mobile service revenue trendsas key, suggest pressures in biggest European markets easing.

** Stock on track for its best day of the year & hitshighest in nearly 6 months. Up 21 pct from Oct lows.

** Goldman Sachs & JPMorgan both lift PT on stock by 4 pctand 2 pct respectively.

** Vodafone rally lifts sector peers. Orange up2.8 pct, Deutsche Telekom up 1.8 pct. (RM: vikram.subhedar.thomsonreuters.com@reuters.net)

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