>>> Up
*ASOS RAISED TO OUTPERFORM VS NEUTRAL AT EXANE, PT 4,000P
*CENTRICA RAISED TO NEUTRAL VS SELL AT UBS
*EASYJET RAISED TO NEUTRAL VS UNDERWEIGHT AT HSBC
*JC DECAUX RAISED TO OVERWEIGHT VS EQUALWEIGHT AT BARCLAYS
*LEGRAND RAISED TO BUY VS NEUTRAL AT CITI
>>> Down
*3I GROUP CUT TO NEUTRAL VS BUY AT CITI
*ALROSA CUT TO EQUALWEIGHT VS OVERWEIGHT AT BARCLAYS
*AXEL SPRINGER CUT TO EQUALWEIGHT VS OVERWEIGHT AT BARCLAYS
*DIAGEO CUT TO MARKETPERFORM VS OUTPERFORM AT BERNSTEIN
*HANNOVER RE CUT TO NEUTRAL VS OUTPERFORM AT CREDIT SUISSE
*INTERTEK CUT TO EQUALWEIGHT VS OVERWEIGHT AT BARCLAYS
*KINGFISHER CUT TO NEUTRAL VS OUTPERFORM AT EXANE, PT 390P
*MTU AERO ENGINES CUT TO HOLD VS BUY AT BERENBERG
*PROSIEBENSAT.1 CUT TO UNDERWEIGHT VS EQUALWEIGHT AT BARCLAYS
*SGS CUT TO UNDERWEIGHT VS EQUALWEIGHT AT BARCLAYS
*SHELL CUT TO NEUTRAL VS OVERWEIGHT AT HSBC
*WOLSELEY CUT TO NEUTRAL VS OVERWEIGHT AT JPMORGAN
>>> PT Changes
>>> Initiation
*AIRBUS RATED NEW EQUALWEIGHT AT MORGAN STANLEY, PT EU53
*DSM RATED NEW SELL AT SOCGEN, PT EU43
*ZALANDO RATED NEW UNDERPERFORM AT EXANE, PT EU18
>>> Call
>> Stock
*BRITVIC ADDED TO TO CONVICTION BUY LIST AT GOLDMAN
*SIEMENS REMOVED FROM GOLDMAN CONVICTION BUY LIST, STAYS BUY