RESEARCH ALERT-JP Morgan cuts KPN price target

Oct 3 (Reuters) - Koninklijke KPN NV :

* JP Morgan cuts KPN price target to 5.50 euros from 6.50 euros; rating underweight For a summary of rating actions and price target changes on European companies:

Reuters Eikon users, click on

Reuters 3000Xtra users, double-click

Reuters Station users, click .1580

((Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780))

((Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780))