CSFB cuts forecasts at Kingston Communications and Goldman cheers BAA.

* CSFB has cut neutral-rated Kinston Communications' (KCOM) 2003 revenue, EBITDA forecasts by 9% after a disappointing trading update.

The broker has reduced medium-term growth forecasts and downgraded the target price by 29% to 56p.

* Goldman has initiated coverage of BAA (BAA) with an outperform recommendation.