>>> Up
*ARM RAISED TO BUY VS NEUTRAL AT UBS
*OMV RAISED TO NEUTRAL VS UNDERPERFORM AT CREDIT SUISSE
*SMITH & NEPHEW RAISED TO OVERWEIGHT VS EQUALWEIGHT AT BARCLAYS
>>> Down
*EVRAZ CUT TO UNDERPERFORM FROM HOLD AT JEFFERIES
*KLOECKNER & CO CUT TO HOLD FROM BUY AT JEFFERIES
*TEMENOS CUT TO EQUALWEIGHT VS OVERWEIGHT AT BARCLAYS
>>> PT Changes
>>> Initiation
*ALTICE RATED NEW NEUTRAL AT NOMURA
*BG GROUP RATED NEW BUY AT JEFFERIES; PT 1,340.00P
*TELEFONICA DEUTSCHLAND RESUMED NEUTRAL AT JPMORGAN
>>> Call