>>> Up
*ALLIANZ RAISED TO BUY VS NEUTRAL AT ODDO
*ANTOFAGASTA RAISED TO HOLD VS SELL AT DEUTSCHE BANK
*AVANTI RAISED TO BUY VS HOLD AT JEFFERIES
*HERMES RAISED TO NEUTRAL VS UNDERPERFORM AT CREDIT SUISSE
*LADBROKES RAISED TO NEUTRAL VS SELL AT CITI
*MARSTON'S RAISED TO BUY VS SELL AT CITI
*MELIA HOTELS RAISED TO BUY VS HOLD AT DEUTSCHE BANK
*PADDY POWER RAISED TO BUY VS NEUTRAL AT CITI
*PEARSON RAISED TO OVERWEIGHT VS EQUALWEIGHT AT MORGAN STANLEY
*SODEXO RAISED TO BUY VS NEUTRAL AT CITI
>>> Down
*AVEVA CUT TO NEUTRAL VS BUY AT GOLDMAN
*BWIN.PARTY CUT TO SELL VS NEUTRAL AT CITI
*ENTERPRISE INNS CUT TO SELL VS NEUTRAL AT CITI
*EUTELSAT CUT TO HOLD VS BUY AT JEFFERIES
*ROSNEFT CUT TO NEUTRAL VS BUY AT UBS
*TRW AUTOMOTIVE HOLDINGS CUT TO NEUTRAL AT JPMORGAN
*ZURICH INSURANCE CUT TO HOLD VS BUY AT SOCGEN
>>> PT Changes
>>> Initiation
*MOBILY RATED NEW HOLD AT RENAISSANCE; PT SAR98
*RECKITT BENCKISER REINITIATED HOLD AT BERENBERG
*TRAVIS PERKINS RATED EQUALWEIGHT AT MORGAN STANLEY; PT 1,750P
>>> Call