(Adds closing prices, details)
* STOXX 600 up 0.3 percent
* Vestas leads gainers after target upgrade
* Domino's surges on expansion plans
* Ex-divs weigh on UK-listed firms
* Monte Paschi up ahead of cash call vote
By Alistair Smout and Danilo Masoni
LONDON/MILAN, Nov 24 European shares edged up on
Thursday, remaining within a recent range, as a boost from
healthcare stocks was partly offset by weak telecoms and
The STOXX Europe 600 index ended up 0.3 percent.
The session was quiet with Wall Street shut for the Thanksgiving
Vestas rose 5.2 percent after Credit Suisse lifted
its price target on the world's biggest wind power company. The
stock had fallen more than 20 percent after climate
change-sceptic Donald Trump won the race to the White House,
raising uncertainty on U.S. energy and renewables policies.
Credit Suisse, however, kept its underperform rating on the
stock, saying investors should not underestimate its gearing to
the U.S. market, which is the company's largest.
"Over time, we expect any relevant changes made by the U.S.
President-elect on U.S. renewables to become clearer," it said.
Domino's Pizza was another big riser, up 3.2
percent. The company said it would step up its expansion plans
after seeing a strong performance from new outlets and a
positive market outlook.
"The group continues to trade well and management is
reiterating FY guidance," analysts at Numis said in a note,
adding the stock looked cheap compared with competitors.
"With renewed confidence in the rollout opportunity coupled
with best practice from other Domino's franchisors we believe
the discount to peers is overdone."
Heavyweight pharma stocks Novartis, GlaxoSmithKline
and Roche all rose by between 0.5 and 1.1
percent, as their sector rebounded following recent losses.
Chemical firm Arkema rose 1 percent after UBS
raised its target price on the stock.
Insurer Direct Line climbed 2.8 percent after it
was upgraded to "overweight" from "equal-weight" by Morgan
Stanley. In all, insurers were up 0.3 percent.
Ex-divs weighed on the market. TalkTalk, Vodafone
and National Grid all traded without entitlement
to their latest dividend payouts, dragging down telecoms
Italian bank Monte dei Paschi rose 3.3 percent
ahead of an investor vote on a 5 billion euro share issue needed
to stave off the risk of being wound down.
Today's European research round-up
(Editing by Larry King and Mark Potter)