>>> Up
*ALDAR PROPERTIES RAISED TO NEUTRAL VS SELL AT UBS
*BENETEAU RAISED TO BUY VS HOLD AT SOCGEN
*OLVI RAISED TO BUY AT NORDEA
*SSAB CUT TO SELL VS BUY AT GOLDMAN
*STHREE RAISED TO BUY VS HOLD AT JEFFERIES
>>> Down
*ADECCO CUT TO UNDERPERFORM AT JEFFERIES
*BANKINTER CUT TO NEUTRAL VS BUY AT GOLDMAN
*CARL ZEISS MEDITEC CUT TO NEUTRAL VS OVERWEIGHT AT HSBC
*OSRAM CUT TO UNDERWEIGHT VS NEUTRAL AT JPMORGAN
*OUTOKUMPU RAISED TO BUY VS NEUTRAL AT GOLDMAN
*PRUDENTIAL CUT TO NEUTRAL VS BUY AT NOMURA
*SALZGITTER CUT TO SELL VS NEUTRAL AT GOLDMAN
*STMICROELECTRONICS CUT TO SELL VS NEUTRAL AT UBS
*THOMAS COOK GROUP CUT TO SELL VS NEUTRAL AT GOLDMAN
*VOESTALPINE CUT TO NEUTRAL VS BUY AT GOLDMAN
*WEIR CUT TO NEUTRAL VS BUY AT CITI
>>> PT Changes
>>> Initiation
*NORMA GROUP RESUMED BUY AT BERENBERG, PT EU45.60
>>> Call
>> Country
*ITALIAN EQUITIES CUT TO UNDERWEIGHT AT HSBC
*GERMAN EQUITIES RAISED TO OVERWEIGHT AT HSBC