>>> Up
*AVEVA RAISED TO OVERWEIGHT FROM EQUAL WEIGHT AT BARCLAYS
*HOCHTIEF RAISED TO BUY VS HOLD AT BANKHAUS LAMPE
*WOLSELEY RAISED TO BUY VS HOLD AT BERENBERG
>>> Down
*CAPITA CUT TO NEUTRAL VS OVERWEIGHT AT JPMORGAN
*GAZPROM CUT TO NEUTRAL VS OVERWEIGHT AT JPMORGAN
*GERRESHEIMER CUT TO UNDERPERFORM VS NEUTRAL AT CREDIT SUISSE
*HAVAS CUT TO NEUTRAL FROM BUY AT GOLDMAN; PT RAISED TO EU7.5
*MITIE CUT TO EQUALWEIGHT FROM OVERWEIGHT AT BARCLAYS
*ROSNEFT CUT TO UNDERWEIGHT VS NEUTRAL AT JPMORGAN
*STANDARD LIFE CUT TO NEUTRAL FROM OUTPERFORM AT CREDIT SUISSE
*TALKTALK CUT TO NEUTRAL FROM BUY AT GOLDMAN
>>> PT Changes
>>> Initiation
*GJENSIDIGE RATED NEW NEUTRAL AT CITI, PT NOK130
*LEONTEQ RATED NEW BUY AT BERENBERG, PT CHF270
*XXL RATED NEW NEUTRAL AT CREDIT SUISSE; PT NOK81
>>> Call
>> Stock
*PHILIPS ADDED TO MORGAN STANLEY EUROPE BEST IDEAS LIST (note attached)
*UBS Preferred in Europe; Citi, JPM, BofAML in U.S.: MS Says