>>> Up
*ENI RAISED TO HOLD VS UNDERPERFORM AT JEFFERIES
*O’KEY RAISED TO OVERWEIGHT VS EQUALWEIGHT AT BARCLAYS
*STATOIL RAISED TO HOLD VS UNDERPERFORM AT JEFFERIES
*ZURICH INSURANCE UPPED TO OUTPERFORM VS NEUTRAL: CREDIT SUISSE
>>> Down
*AVEVA CUT TO SELL VS NEUTRAL AT GOLDMAN
*CREDIT SUISSE CUT TO SELL VS HOLD AT SOCGEN
*GLENCORE CUT TO REDUCE VS NEUTRAL AT NOMURA
*PATRIZIA IMMOBILIEN CUT TO HOLD FROM BUY AT BANKHAUS LAMPE
*SNAM SPA CUT TO SECTOR PERFORM AT RBC CAPITAL
*TAG IMMOBILIEN CUT TO NEUTRAL VS OVERWEIGHT AT HSBC
>>> PT Changes
*AB INBEV PT RAISED TO EU92 FROM EU87 AT ING
>>> Initiation
*AA RATED NEW BUY AT LIBERUM, PT 417P
*SAIPEM RATED NEW UNDERPERFORM AT RAYMOND JAMES, PT EU11.5O
>>> Call