STOCKS NEWS UK-Liberty Intl rises as UBS ups to 'neutral'

STOCKS NEWS Reuters Results diary

Europe [STXNEWS/EU] Real-time Equity News [E] [GB/EQUITY]

UK [STXNEWS/UK] Stocks on the move [HOT-RTRS]

UK smallcaps [STX/UKSC] UK smallcaps news [GB/SMALL]

09:11GMT 10Jul2009-Liberty Intl rises as UBS ups to 'neutral'

------------------------------------------------------------

Shares in Liberty International (LII.L) gain 1.6 percent in a weaker broader market, supported by an upgrade to "neutral" from "sell" by UBS on a valution perspective, with its target price left unchanged at 380 pence.

UBS points out that Liberty's share price has pulled back 11 percent since its peak on June 11, compared with a 7 percent fall by the FTSE 350 index and a 10 percent decline by the UK real estate sector.