>>> Up
*ALSTOM RAISED TO BUY VS HOLD AT DEUTSCHE BANK
*AURUBIS RAISED TO NEUTRAL VS UNDERPERFORM AT BOFAML
*GREENE KING RAISED TO ADD VS HOLD AT NUMIS
*METRO RAISED TO NEUTRAL VS UNDERWEIGHT AT JPMORGAN
*TRANSMODE RAISED TO NEUTRAL VS SELL AT UBS
*TECHNIP RAISED TO OUTPERFORM VS NEUTRAL AT CREDIT SUISSE
>>> Down
*DEUTSCHE WOHNEN CUT TO NEUTRAL VS BUY AT BOFAML
*HEIDELBERGCEMENT CUT FROM OUTPERFORM AT RAYMOND JAMES
*MEGGITT CUT TO UNDERWEIGHT VS NEUTRAL AT JPMORGAN
*SOMFY CUT TO HOLD VS BUY AT SOCGEN
*TVN CUT TO SELL VS NEUTRAL AT UBS
>>> PT Change
*MEGGITT PT CUT TO 480P VS 540P AT JPMORGAN
>>> Initiation
*AKER SOLUTIONS RATED NEW MARKET PERFORM AT BERNSTEIN
*CARD FACTORY RATED NEW BUY AT NOMURA; PT 280P
*CARD FACTORY RATED NEW OVERWEIGHT AT MORGAN STANLEY; PT 260P
*CARD FACTORY RATED NEW BUY AT UBS, PT 260P
*ENQUEST RATED NEW NEUTRAL AT UBS, PT 144P
*FAURECIA REINSTATED UNDERPERFORM AT BOFAML, PT EU26
*PETROFAC RATED NEW OUTPERFORM AT BERNSTEIN
*SAIPEM RATED NEW UNDERPERFORM AT BERNSTEIN
*SBM OFFSHORE RATED NEW UNDERPERFORM AT BERNSTEIN
*SUBSEA 7 RATED NEW UNDERPERFORM AT BERNSTEIN
*TECHNIP RATED NEW OUTPERFORM AT BERNSTEIN
*TENARIS RATED NEW MARKET PERFORM AT BERNSTEIN
*VALLOUREC RATED NEW OUTPERFORM AT BERNSTEIN
*VIVENDI RE-INITIATED OUTPERFORM AT CREDIT SUISSE; PT EU24
>>> Call
>> Stock
* European Oil Services Initiated With Cautious View at Bernstein {NSN N7OKOV6S972E <go>}
* European Food/HPC Cos. Vulnerable to Earnings Risks: JPMorgan {NSN N7PAWK6TTDSA <go>}
* Buy Property Stocks on Dip, Sell-Off An Opportunity: JPM (Buy Land Sec., British Land St Modwen & Quintain) {NSN N7P9ZD6S972E <go>}
*VIVENDI ADDED TO EUROPEAN FOCUS LIST AT CREDIT SUISSE