>>> Up
*AGORA RAISED TO BUY VS HOLD AT ING
*BENI STABILI RAISED TO OUTPERFORM VS NEUTRAL AT MEDIOBANCA
*BELGACOM RAISED TO BUY VS HOLD AT BERENBERG
*BREMBO RAISED TO OUTPERFORM VS NEUTRAL AT MEDIOBANCA
*BUNZL RAISED TO BUY VS UNDERPERFORM AT BOFAML
*KAZMUNAIGAS RAISED TO NEUTRAL VS UNDERPERFORM AT BOFAML
*KAZAKHMYS RAISED TO EQUALWEIGHT VS UNDERWEIGHT AT BARCLAYS
*SEB RAISED TO BUY VS HOLD AT SOCGEN
*BREMBO RAISED TO OUTPERFORM VS NEUTRAL AT MEDIOBANCA
*TVN RAISED TO HOLD VS SELL AT ING
>>> Down
*AIRBUS CUT TO NEUTRAL VS BUY AT UBS
*DRDGOLD CUT TO NEUTRAL VS BUY AT BOFAML
>>> PT change
*Saipem PT Cut to EU15.5 vs EU16.1 at Credit Suisse
*UMICORE PT RAISED TO EU37 FROM EU35 AT ING
*UniCredit PT Raised to EU5.8 at Kepler Cheuvreux; Kept at Hold
>>> Initiation
*INGENICO RATED NEW BUY AT SOCGEN, PT EU75
>>> Call
>> Stock
*ROCHE ADDED TO CITI'S FOCUS LIST EUROPE
*SHIRE REMOVED FROM FOCUS LIST AT CITI, STAYS BUY