>>> Up
*AKZO NOBEL RAISED TO BUY VS HOLD AT ING
*CARREFOUR RAISED TO NEUTRAL VS UNDERPERFORM AT EXANE
*CSR RAISED TO EQUALWEIGHT VS UNDERWEIGHT AT BARCLAYS
*FAURECIA RAISED TO BUY VS HOLD AT SOCGEN
*FEDERAL GRID RAISED TO NEUTRAL VS UNDERWEIGHT AT JPMORGAN
*FERREXPO RAISED TO NEUTRAL VS UNDERWEIGHT AT JPMORGAN
*FIELMANN RAISED TO BUY VS HOLD AT HELVEA-BAADER
*MAN GROUP RAISED TO BUY VS NEUTRAL AT UBS
*ROYAL MAIL RAISED TO EQUALWEIGHT VS UNDERWEIGHT: MORGAN STANLEY
*TULLOW OIL RAISED TO BUY VS HOLD AT SOCGEN
>>> Down
*KUMBA IRON ORE CUT TO SELL VS NEUTRAL AT UBS
*MONEYSUPERMARKET.COM CUT TO HOLD VS BUY AT JEFFERIES
*PERFORM CUT TO HOLD VS BUY AT JEFFERIES
*REN CUT TO NEUTRAL VS BUY AT GOLDMAN
*TECHNICOLOR CUT TO EQUALWEIGHT VS OVERWEIGHT: MORGAN STANLEY
>>> PT Changes
>>> Initiation
*BODYCOTE RATED NEW OVERWEIGHT AT MORGAN STANLEY, PT 740P
*PORTUGAL TELECOM RESUMED UNDERWEIGHT AT MORGAN STANLEY
*SPIRAX-SARCO RATED NEW EQUALWEIGHT AT MORGAN STANLEY, PT 2,810P
*TSB BANKING RATED NEW SELL AT BERENBERG, PT 220P
*VIADEO RATED NEW BUY AT SOCGEN, PT EU16.3
>>> Call
>> Stock
*MARKS & SPENCER ADDED TO MORGAN STANLEY EUROPE BEST IDEAS
*UNICREDIT REMOVED FROM MORGAN STANLEY EUROPE BEST IDEAS