>>> Up
*DELHAIZE RAISED TO OVERWEIGHT VS EQUALWEIGHT AT BARCLAYS
*KUONI REISEN RAISED TO OVERWEIGHT VS NEUTRAL AT JPMORGAN
*LEGRAND RAISED TO NEUTRAL VS UNDERPERFORM AT CREDIT SUISSE
*RECORDATI RAISED TO BUY VS NEUTRAL AT GOLDMAN
*RUSAL RAISED TO NEUTRAL VS SELL AT GOLDMAN
>>> Down
*ABERDEEN ASSET CUT TO UNDERWEIGHT AT MORGAN STANLEY
*BRENNTAG CUT TO HOLD VS BUY AT KEPLER CHEUVREUX
*COMPASS GROUP CUT TO NEUTRAL VS OVERWEIGHT AT JPMORGAN
*EDENRED CUT TO NEUTRAL VS BUY AT CITI
*GLAXOSMITHKLINE CUT TO HOLD VS BUY AT BERENBERG
*GLENCORE CUT FROM CREDIT SUISSE’S FOCUS LIST
*IVS GROUP CUT TO NEUTRAL VS OVERWEIGHT AT JPMORGAN
*JARDINE CYCLE & CARRIAGE CUT TO SELL VS NEUTRAL AT GOLDMAN
*MELLANOX TECHNOLOGIES CUT TO UNDERWEIGHT AT BARCLAYS
*SAP CUT TO HOLD FROM BUY AT BERENBERG; PT CUT 10% TO EU64
*UNIBAIL-RODAMCO CUT TO UNDERWEIGHT AT MORGAN STANLEY
*VESTAS CUT TO UNDERPERFORM VS NEUTRAL AT CREDIT SUISSE
*WACKER CHEMIE CUT TO UNDERWEIGHT VS NEUTRAL AT JPMORGAN
*WHITBREAD CUT TO NEUTRAL VS BUY AT CITI
>>> PT Change
*Prada PT Cut 24% at Nomura as Consensus ‘Too Optimistic’
>>> Initiation
*BG RATED NEW HOLD AT KEPLER CHEUVREUX; PT 1,300P
*BP RATED NEW BUY AT KEPLER CHEUVREUX; PT 545P
*DOMINO PRINTING RATED NEW HOLD AT BERENBERG; PT 860P
*ENI RATED NEW BUY AT KEPLER CHEUVREUX; PT EU19.5
*OMV RATED NEW HOLD AT KEPLER CHEUVREUX; PT EU34
*REPSOL RATED NEW HOLD AT KEPLER CHEUVREUX; PT EU20
*SHELL RATED NEW BUY AT KEPLER CHEUVREUX; PT EU31
*STATOIL RATED NEW HOLD AT KEPLER CHEUVREUX; PT NOK150
*TT ELECTRONICS RATED NEW BUY AT BERENBERG; PT 247P
*UC RUSAL ASSUMED HOLD AT SOCGEN
>>> Call
>> Stock
*DAIRY CREST ADDED TO CONVICTION SELL AT GOLDMAN