>>> Up
*DSM RAISED TO OVERWEIGHT VS NEUTRAL AT JPMORGAN
*ENEL RAISED TO BUY VS ADD AT INVESTEC
*EVONIK INDUSTRIES RAISED TO OVERWEIGHT AT JPMORGAN
*MICHAEL PAGE UPPED TO OVERWEIGHT VS EQUALWEIGHT: MORGAN STANLEY
*PUMA RAISED TO HOLD VS SELL AT BERENBERG
*SHIRE RAISED TO OUTPERFORM AT SANFORD BERNSTEIN
*STMICRO RAISED TO EQUALWEIGHT VS UNDERWEIGHT: MORGAN STANLEY
*WILLIAM HILL RAISED TO NEUTRAL VS UNDERWEIGHT AT JPMORGAN
>>> Down
*BANCA POPOLARE DI MILANO CUT TO NEUTRAL VS BUY AT NOMURA
*BOUYGUES CUT TO NEUTRAL VS BUY AT BOFAML
*DELTA LLOYD CUT TO UNDERWEIGHT VS NEUTRAL AT HSBC
*ELECTROLUX CUT TO NEUTRAL VS OVERWEIGHT AT JPMORGAN
*ERICSSON CUT TO EQUALWEIGHT VS OVERWEIGHT AT MORGAN STANLEY
*FORTUM CUT TO SELL VS HOLD AT BERENBERG
*HENNES & MAURITZ CUT TO NEUTRAL VS OUTPERFORM: CREDIT SUISSE
*O’KEY GROUP CUT TO SELL VS NEUTRAL AT UBS
*STANDARD CHARTERED CUT TO SELL VS HOLD AT INVESTEC
*ZODIAC AEROSPACE CUT TO NEUTRAL VS OVERWEIGHT AT JPMORGAN
>>> PT changes
>>> Initiation
*FORTUM CUT TO SELL VS HOLD AT BERENBERG
>>> Call