>>> Up
*BARRATT DEVELOPMENTS RAISED TO HOLD VS UNDERPERFORM: JEFFERIES
*BEFIMMO RAISED TO BUY VS HOLD AT SOCGEN
*BELLWAY RAISED TO BUY VS HOLD AT JEFFERIES
*BERKELEY GROUP RAISED TO HOLD VS UNDERPERFORM AT JEFFERIES
*BG GROUP RAISED TO NEUTRAL VS UNDERPERFORM AT CREDIT SUISSE
*BOVIS RAISED TO BUY VS HOLD AT JEFFERIES
*COUNTRYWIDE RAISED TO BUY VS HOLD AT JEFFERIES
*CREST RAISED TO BUY VS HOLD AT JEFFERIES
*DEUTSCHE POST RAISED TO OVERWEIGHT VS EQUALWEIGHT AT BARCLAYS
*DSV RAISED TO OVERWEIGHT VS EQUALWEIGHT AT BARCLAYS
*INDIVIOR RAISED TO BUY VS HOLD AT JEFFERIES
*PERSIMMON RAISED TO HOLD VS UNDERPERFORM AT JEFFERIES
*RECKITT BENCKISER RAISED TO BUY VS NEUTRAL AT UBS
*REDROW RAISED TO BUY VS HOLD AT JEFFERIES
*SABADELL RAISED TO OUTPERFORM VS NEUTRAL AT CREDIT SUISSE
*SBERBANK RAISED TO BUY VS NEUTRAL AT UBS
*TAYLOR WIMPEY RAISED TO BUY VS HOLD AT JEFFERIES
*UNITED INTERNET RAISED TO BUY VS HOLD AT BANKHAUS LAMPE
*ZOOPLA RAISED TO BUY VS HOLD AT JEFFERIES
>>> Down
*BANCO POPULAR CUT TO UNDERPERFORM VS NEUTRAL AT CREDIT SUISSE
*BANKIA CUT TO UNDERPERFORM VS NEUTRAL AT CREDIT SUISSE
*BEIERSDORF CUT TO NEUTRAL VS BUY AT UBS
*BNP PARIBAS CUT TO SELL VS HOLD AT SOCGEN
*EDF CUT TO MARKETPERFORM VS OUTPERFORM AT BERNSTEIN
*KINGFISHER CUT TO SELL VS HOLD AT SOCGEN
*KUEHNE & NAGEL CUT TO EQUALWEIGHT VS OVERWEIGHT AT BARCLAYS
*ONTEX GROUP CUT TO NEUTRAL VS BUY AT UBS
*POSTNL CUT TO EQUALWEIGHT VS OVERWEIGHT AT BARCLAYS
*SWEDBANK CUT TO NEUTRAL VS BUY AT UBS
*TNT EXPRESS CUT TO SECTOR PERFORM AT RBC CAPITAL
*TOM TAILOR CUT TO HOLD VS BUY AT BERENBERG
>>> PT Changes
>>> Initiation
*AUSTRIAN POST RATED NEW UNDERWEIGHT AT BARCLAYS, PT EU40
*BPOST RATED NEW EQUALWEIGHT AT BARCLAYS, PT EU25.3
*CTT RATED NEW EQUALWEIGHT AT BARCLAYS, PT EU9.7
*SCHNEIDER ELECTRIC RATED NEW OUTPERFORM AT RAYMOND JAMES
*TNT RATED NEW EQUALWEIGHT AT BARCLAYS, PT EU7.6
*WIZZ AIR RATED NEW OVERWEIGHT AT BARCLAYS, PT 1,580P
>>> Call
>> Stock
*GRANDVISION ADDED TO ING BENELUX FAVOURITES LIST, STAYS BUY
*CORBION EXITS ING BENELUX FAVOURITES LIST, STAYS BUY RATED