Nestle cut to neutral at J.P. Morgan

50.60, -0.40, -0.78%) to neutral from overweight. The broker also reiterated its overweight rating on Danone SA /quotes/comstock/24s!e:bn (FR:BN 43.85, -0.14, -0.32%) . Large-cap food producers are still expensive and that merits caution on the sector,...