>>> Up
*A2A RAISED TO NEUTRAL VS SELL AT GOLDMAN
*ASOS RAISED TO BUY VS NEUTRAL AT NOMURA
*BMW RAISED TO BUY VS NEUTRAL AT UBS
*CGG RAISED TO BUY VS HOLD AT SOCGEN
*DO & CO RAISED TO BUY VS HOLD AT KEPLER CHEUVREUX
*REN RAISED TO NEUTRAL VS SELL AT GOLDMAN
*SHANKS GROUP RAISED TO BUY VS NEUTRAL AT GOLDMAN
>>> Down
*AB INBEV CUT TO HOLD FROM BUY AT ING
*DAIMLER CUT TO NEUTRAL VS BUY AT UBS
*GN STORE CUT TO NEUTRAL VS BUY AT UBS
*INVESTMENT TECHNOLOGY CUT TO NEUTRAL VS OVERWEIGHT AT JPMORGAN
*SEVERN TRENT CUT TO NEUTRAL VS BUY AT GOLDMAN
*TESCO CUT TO NEUTRAL VS OUTPERFORM AT EXANE, PT 305P VS 355P
*UNITED UTILITIES CUT TO NEUTRAL VS BUY AT GOLDMAN
>>> PT Change
*AB INBEV PT RAISED TO EU87 FROM EU84 AT ING
*AVIVA CUT TO NEUTRAL VS BUY AT UBS
*ENEL PT RAISED 13% TO EU4.05 AT GOLDMAN; KEPT AT SELL
*HERA PT RAISED 6% TO EU2.7 AT GOLDMAN; KEPT AT CONVICTION BUY
*SHIRE PT RAISED TO $280 FROM $202 AT PIPER JAFFRAY
*SNAM PT RAISED 6% TO EU4.4 AT GOLDMAN; KEPT AT NEUTRAL
*TERNA PT RAISED 7% TO EU3.8 AT GOLDMAN; KEPT AT SELL
>>>Initiation
*APPLUS RATED NEW NEUTRAL AT CITI, PT EU18
*SMITH & NEPHEW REINSTATED AT NEUTRAL AT GOLDMAN; PT 1,070P
>>> Call
>> Stock
*ANGLO AMERICAN SHORT RECOMMENDATION REMOVED FROM JPMORGAN AFL
* Buy UBS vs Credit Suisse on Higher Capital Return, JPMorgan Says