>>> Up
*ALSTOM RAISED TO NEUTRAL VS SELL AT GOLDMAN
*HELLENIC PETROLEUM RAISED TO HOLD VS SELL AT SOCGEN
*METSO RAISED TO NEUTRAL VS SELL AT GOLDMAN
*NOKIAN RENKAAT RAISED TO BUY VS NEUTRAL AT UBS
*PADDY POWER RAISED TO BUY VS NEUTRAL AT GOLDMAN
*STANDARD LIFE RAISED TO NEUTRAL VS REDUCE AT NOMURA
*WILLIAM HILL RAISED TO BUY VS NEUTRAL AT GOLDMAN
>>> Downgrade
*ABB CUT TO SELL VS NEUTRAL AT GOLDMAN
*ALFA LAVAL CUT TO SELL VS NEUTRAL AT GOLDMAN
*ADIDAS CUT TO NEUTRAL VS OVERWEIGHT AT HSBC
*DS SMITH CUT TO CONVICTION SELL VS NEUTRAL AT GOLDMAN
*GEA CUT TO NEUTRAL VS BUY AT GOLDMAN
*GOLD FIELDS CUT TO SELL VS NEUTRAL AT GOLDMAN
*INTER RAO CUT TO NEUTRAL VS OVERWEIGHT AT JPMORGAN
*VALLOUREC CUT TO NEUTRAL VS OVERWEIGHT AT JPMORGAN
*VOLKSWAGEN CUT TO HOLD FROM BUY AT BANKHAUS LAMPE
>>> PT Change
*VODAFONE PT RAISED TO 290P VS 260P AT CITI, RATES BUY
>>> Initiation
*AURUBIS RATED NEW NEUTRAL AT GOLDMAN, PT EU45
*EVN AG RATED NEW NEUTRAL AT GOLDMAN
>>> Call
>> Stock
*GO-AHEAD REMOVED FROM GOLDMAN CONVICTION BUY LIST, STAYS BUY
*LEGRAND ADDED TO GOLDMAN CONVICTION BUY LIST, WAS BUY
*PRYSMIAN EXITS GOLDMAN CONVICTION BUY LIST, STAYS BUY
*RSA PT REMOVED AT MORGAN STANLEY, CITES MATERIAL UNCERTAINTIES
*SUEZ ENVIRONNEMENT ADDED, TERNA EXITS UBS MOST PREFERRED LIST