STOCKS NEWS EUROPE-PartyGaming up on broker upgrade

Shares in PartyGaming (PRTY.L) rise 2.9 percent, making them among the top gainers on Britain's mid-cap FTSE 250 .FTMC index after Daniel Stewart & Company upgrades its rating to "buy" from "hold".

"PartyGaming's embedded value is underpinned by a leading poker brand and network, as well as a sizeable and improving casino product and sports/bingo capabilities. This limits downside stock risk," it says in a note.

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