>>> Up
*BUDIMEX RAISED TO BUY VS SELL AT ING
*EVN AG RAISED TO BUY VS NEUTRAL AT GOLDMAN
*GLAXOSMITHKLINE RAISED TO BUY VS NEUTRAL AT GOLDMAN
*PENNON CUT TO SELL VS NEUTRAL AT GOLDMAN
*PETROFAC RAISED TO OVERWEIGHT VS EQUALWEIGHT AT BARCLAYS
*TRUWORTHS RAISED TO NEUTRAL AT HSBC
>>> Down
*CGG CUT TO HOLD VS BUY AT SOCGEN
*EDP RENOVAVEIS CUT TO NEUTRAL VS BUY AT GOLDMAN
*PRADA CUT TO CAUTIOUS VS STRONG BUY AT ISI GROUP
*PRADA CUT TO UNDERPERFORM VS NEUTRAL AT CREDIT SUISSE, PT HK$42
*SABMILLER CUT TO MARKET PERFORM AT SANFORD BERNSTEIN
*SHANKS GROUP CUT TO NEUTRAL VS OUTPERFORM AT CREDIT SUISSE
*SUBSEA 7 CUT TO EQUALWEIGHT VS OVERWEIGHT AT BARCLAYS
>>> PT Changes
*PRADA PT CUT HK$4 TO HK$40 AT BOCOM; REITERATED TOP SECTOR SELL
>>> Initiation
*ALROSA RATED NEW SECTOR PERFORM AT RBC
*KUKA RATED NEW BUY AT CITI, PT EU55
*SAFESTORE RATED NEW BUY AT JEFFERIES, PT 271P
>>> Call