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UK's Ocado top loser on FTSE Midcap after brokerages cut PT



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** Shares of online grocer and technology group Ocado OCDO.L down 4.9% at 297.3p, top loser on FTSE Midcap .FTMC index

** Brokerage Morgan Stanley cuts target price to 215p from 345p, retains 'underweight' rating

** Says target price revision reflects pause in deployments by key customers

** Brokerage Goldman Sachs cuts target price to 400p from 680p, lowers total addressable market (TAM) assumptions to 3.2 trillion pound from 3.4 trillion pound

** OCDO's Canadian partner Sobeys recently paused the opening of a fourth robotic warehouse

** OCDO shares fell ~61% YTD




Reporting by Yamini Kalia in Bengaluru

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