>>> Up
*HILTON FOOD RAISED TO BUY VS ADD AT NUMIS
*LVMH RAISED TO BUY VS HOLD AT DEUTSCHE BANK
*MAGNITOGORSK STEEL RAISED TO BUY VS NEUTRAL AT GOLDMAN
*MAUREL ET PROM RAISED TO HOLD VS SELL AT SOCGEN
*OTP BANK RAISED TO BUY VS NEUTRAL AT GOLDMAN
*TOFAS RAISED TO BUY VS NEUTRAL AT UBS
>>> Down
*AMLIN CUT TO UNDERWEIGHT VS EQUALWEIGHT AT BARCLAYS
*CAP GEMINI CUT TO UNDERPERFORM VS NEUTRAL AT BOFAML
*CATLIN CUT TO EQUALWEIGHT VS OVERWEIGHT AT BARCLAYS
*CESP CUT TO NEUTRAL VS BUY AT GOLDMAN
*DELHAIZE RAISED TO OVERWEIGHT VS NEUTRAL AT JPMORGAN
*DIPLOMA CUT TO NEUTRAL VS BUY AT BOFAML
*ENQUEST CUT TO SECTOR PERFORM FROM OUTPERFORM AT RBC CAPITAL
*STRAUMANN CUT TO SELL VS NEUTRAL AT UBS
*VONTOBEL CUT TO NEUTRAL VS OUTPERFORM AT MEDIOBANCA
*XING CUT TO HOLD VS BUY AT BERENBERG
*YAPI KREDI CUT TO SELL VS NEUTRAL AT UBS
>>> PT Change
*INTESA PT RAISED TO EU2.5 VS EU2.1 AT CITI; KEPT AT NEUTRAL
*INTESA PT RAISED TO EU2.3 VS EU2.1 AT NOMURA; KEPT AT NEUTRAL
*SPACEANDPEOPLE PT RAISED TO 170P VS 147P AT CANTOR; KEPT AT BUY
>>> Initiation
*ACTIVE BIOTECH RATED NEW BUY AT GOLDMAN, PT SKR41
*CINEWORLD GROUP REINSTATED AT EQUALWEIGHT AT BARCLAYS; PT 325P
*ZEALAND PHARMA RATED NEW NEUTRAL AT GOLDMAN, PT DKR81
>>> Call
>> Sector
*EMERGING MARKETS BANKS RAISED TO NEUTRAL VS UNDERWEIGHT AT UBS