>>> Up
*ASSOCIATED BRITISH FOODS RAISED TO NEUTRAL VS REDUCE AT NOMURA
*ASTRAZENECA RAISED TO BUY VS NEUTRAL AT BOFAML
*COCA COLA ICECEK RAISED TO BUY VS NEUTRAL AT UBS
*HEXAGON RAISED TO BUY VS SELL AT DNB
*ILIAD RAISED TO BUY VS NEUTRAL AT UBS
*ILIAD RAISED TO OUTPERFORM VS SECTOR PERFORM AT RBC
*ISRAEL CHEMICALS RAISED TO BUY VS NEUTRAL AT UBS
*VOESTALPINE RAISED TO BUY VS HOLD AT JEFFERIES
>>> Down
*FUCHS PETROLAB CUT TO HOLD VS BUY AT BERENBERG
*HENKEL CUT TO UNDERPERFORM VS BUY AT BOFAML
>>> PT Changes
>>> Initiation
*ABLYNX RATED NEW BUY AT JEFFERIES, PT EU15
*BT GROUP RATED NEW HOLD AT DEUTSCHE BANK
*COLT GROUP RATED NEW HOLD AT DEUTSCHE BANK
*C&W COMMUNICATIONS RATED NEW BUY AT DEUTSCHE BANK
*GALP ENERGIA SGPS RATED NEW BUY AT JEFFERIES
*GENERALI RATED NEW OUTPERFORM AT RBC, PT EU19
*KPN REINSTATED OVERWEIGHT AT MORGAN STANLEY
*LANSDOWNE OIL & GAS RATED NEW BUY AT CANTOR, PT 86P
*MERLIN PROPERTIES RATED NEW OVERWEIGHT AT MORGAN STANLEY
*NATIXIS RATED NEW OVERWEIGHT AT MORGAN STANLEY
*UBISOFT RATED NEW BUY AT BERENBERG
>>> Call
>> Stock
*UNITED INTERNET IN, GERRY WEBER OUT ON LAMPE LARGE-CAP ALPHA