>>> Up
*DEBENHAMS RAISED TO BUY VS NEUTRAL AT CITI
*JERONIMO MARTINS RAISED TO BUY VS NEUTRAL AT CITI
*QINETIQ RAISED TO OVERWEIGHT VS EQUALWEIGHT AT BARCLAYS
*MANITOU RAISED TO NEUTRAL VS REDUCE AT ODDO
*OXFORD INSTRUMENTS RAISED TO OVERWEIGHT AT BARCLAYS
*THALES RAISED TO CONVICTION BUY VS NEUTRAL AT GOLDMAN
>>> Down
*ALCATEL-LUCENT CUT TO NEUTRAL VS BUY AT UBS
*BASF SE CUT TO HOLD VS BUY AT BANKHAUS LAMPE
*BAYER CUT TO EQUAL-WEIGHT AT MORGAN STANLEY
*BOLIDEN CUT TO HOLD AT SOCIETE GENERALE
*DOMINO PRINTING SCIENCES CUT TO EQUALWEIGHT AT BARCLAYS
*K&S CUT TO HOLD FROM BUY AT EQUITA
*MTU AERO CUT TO NEUTRAL VS BUY AT GOLDMAN
*ONTEX CUT TO HOLD AT SOCIETE GENERALE
*ROTORK CUT TO EQUALWEIGHT VS OVERWEIGHT AT BARCLAYS
*RWE CUT TO SELL VS HOLD AT BERENBERG
*SGS CUT TO REDUCE VS NEUTRAL AT ODDO
*TELENOR ASA CUT TO HOLD VS BUY AT DEUTSCHE BANK
>>> PT Change
>>> Initiation
*AENA SA RATED NEW SECTOR PERFORM AT RBC, PT EU95
*BALFOUR BEATTY RATED NEUTRAL VS NOT RATED AT JPMORGAN
*COBHAM REINSTATED NEUTRAL AT GOLDMAN
*FINMECCANICA REINSTATED BUY AT GOLDMAN
*MONEYSUPERMARKET RATED NEW OVERWEIGHT AT BARCLAYS, PT 315P
*SAIPEM RATED NEW UNDERWEIGHT AT JPMORGAN, PT EU9.5
*TECHNIP RATED NEW OVERWEIGHT AT JPMORGAN, PT EU68.73
*URBAN & CIVIC RATED NEW NEUTRAL AT JPMORGAN, PT 300P
>>> Call
>> Stock
*CASTELLUM ADDED TO CONVICTION BUY LIST AT GOLDMAN
*DASSAULT SYSTEMES ADDED TO GOLDMAN CONVICTION BUY LIST
*EUROCASH SA REMOVED FROM GOLDMAN CEEMEA FOCUS LIST, STAYS BUY
*HUNTING ADDED TO CONVICTION BUY, DOR FOCUS LISTS AT GOLDMAN
*PETROFAC REMOVED FROM GOLDMAN CONVICTION BUY LIST, STAYS BUY
*THALES RAISED TO CONVICTION BUY VS NEUTRAL AT GOLDMAN