>>> Up
*DERWENT LONDON RAISED TO BUY VS HOLD AT SOCGEN
*FOSCHINI RAISED TO EQUALWEIGHT VS UNDERWEIGHT AT BARCLAYS
*GENEL ENERGY RAISED TO OVERWEIGHT AT MORGAN STANLEY
*IMMOFINANZ RAISED TO HOLD VS SELL AT SOCGEN
*INTU PROPERTIES RAISED TO HOLD VS SELL AT SOCGEN
*PLAYTECH RAISED TO BUY VS NEUTRAL AT NOMURA
*ROTORK RAISED TO EQUALWEIGHT VS UNDERWEIGHT AT MORGAN STANLEY
*RYANAIR RAISED TO BUY VS NEUTRAL AT UBS
>>> Down
*AFFINE CUT TO HOLD VS BUY AT SOCGEN
*AIR FRANCE CUT TO SELL VS NEUTRAL AT UBS
*ALTAREA COGEDIM CUT TO HOLD VS BUY AT SOCGEN
*BEFIMMO CUT TO HOLD VS BUY AT SOCGEN
*BG CUT TO UNDERPERFORM VS NEUTRAL AT CREDIT SUISSE
*CTT CUT TO NEUTRAL VS OVERWEIGHT AT JPMORGAN
*EUROCOMMERCIAL PROPERTIES CUT TO HOLD VS BUY AT SOCGEN
*GSW IMMOBILIEN CUT TO SELL VS HOLD AT SOCGEN
*H&M CUT TO HOLD VS BUY AT DEUTSCHE BANK
*IGD CUT TO HOLD VS BUY AT SOCGEN
*KLEPIERRE CUT TO HOLD VS BUY AT SOCGEN
*LEGAL & GENERAL CUT TO SELL VS HOLD AT SOCGEN
*RUSHYDRO CUT TO UNDERPERFORM VS NEUTRAL AT BOFAML
*UNIBAIL CUT TO HOLD VS BUY AT SOCGEN
*VODAFONE CUT TO NEUTRAL VS BUY AT BOFAML
*WERELDHAVE CUT TO HOLD VS BUY AT SOCGEN
>>> PT Change
>>> Initiation
*APPLUS RATED NEW OUTPERFORM AT CREDIT SUISSE, PT EU20
*BUZZI UNICEM RE-INITIATED BUY AT JEFFERIES
*CEMEX RE-INITIATED HOLD AT JEFFERIES
*DNO RATED NEW EQUALWEIGHT AT MORGAN STANLEY, PT NKR24
*GENOMIC VISION RATED NEW BUY AT SOCGEN, PT EU19
*GULF KEYSTONE RATED NEW UNDERWEIGHT AT MORGAN STANLEY, PT 78P
*HEIDELBERGCEMENT RE-INITIATED HOLD AT JEFFERIES
*HOLCIM RE-INITIATED BUY AT JEFFERIES; PT SF102
*ITALCEMENTI RE-INITIATED BUY AT JEFFERIES; PT EU13.8
*LAFARGE RE-INITIATED BUY AT JEFFERIES; PT EU84
*TITAN CEMENT RE-INITIATED HOLD AT JEFFERIES
>>> Call
>> Stock
*DEUTSCHE ANNINGTON ADDED TO PREMIUM LIST AT SOCGEN
*SKF REMOVED FROM PREMIUM LIST AT SOCGEN
>> Sector
* *EUROPEAN REAL ESTATE RAISED TO NEUTRAL AT SOCGEN
* Global Cement Shares Undervalued, More M&A Possible: Jefferies {NSN N7EHCL6JTSEP <go>}
* UBS Plays Down M&A in European Aerospace & Defense {NSN N7EF996KLVR5 <go>}
* Low Cost Carriers’ Market Share to Continue to Grow, UBS Says {NSN N7EDZ66JIJV7 <go>}