>>> Brokers Upgrades & Downgrades - 29th of October 2014

>>> Up
*KUONI RAISED TO OUTPERFORM VS NEUTRAL AT CREDIT SUISSE
*ROLLS-ROYCE RAISED TO MARKETPERFORM VS UNDERPERFORM: BERNSTEIN

>>> Down
*SAIPEM CUT TO SELL VS HOLD AT SOCGEN
*SANOFI CUT TO HOLD VS BUY AT DEUTSCHE BANK
*SANOFI CUT TO HOLD VS BUY AT JEFFRIES
*STANDARD CHARTERED CUT TO NEUTRAL VS BUY AT NOMURA

>>> PT Changes


>>> Initiation


>>> Call