STOCKS NEWS EUROPE-Micro Focus jumps on strong update

Shares in Micro Focus (MCRO.L) jump 18.1 percent to a three-month high, topping the mid-cap leaderboard, after it says a strong performance from its recent acquisitions, Borland and Compuware's testing unit, will help first-half earnings beat expectations.

Broker Singer says the contribution of Borland and Compuware numbers alone could drive a 15 percent upgrade to estimates.

Rajeev Bahl at Piper Jaffray also sees the update as a trigger for continued upgrades. "With Micro Focus now having confirmed that core trading remains robust and that it is outperforming on acquisition integration we continue to view Micro Focus as a key sector holding," he says.

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Reuters messaging rm://paul.sandle.reuters.com@reuters.net