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BUZZ — Top of the Street: Merlin Properties, ACS, Endeavour Mining, DHL
A round-up of notable broker activity this morning from Europe's top-ranked* analysts: * Jefferies upgrades Merlin Properties from "hold" to "buy", saying that headwinds are now priced in and the underlying data centre growth remains intact Initiations And Reinstatements * JPMorgan initiates its coverage on Spanish bui
BUZZ — JPM starts ACS at 'overweight' as data centre fears cloud growth story
* JPMorgan initiates its coverage on Spanish builder ACS with an "overweight" rating saying data centre fears "obscure a compelling growth and valuation story" * The broker sets its PT at €127 ($142.37) * Says that after 36% share price drop since May peak it sees "a compelling entry point into a business whose growth