>>> Up
*AFRICAN RAINBOW MINERALS RAISED TO OVERWEIGHT AT BARCLAYS
*ALSTRIA OFFICE RAISED TO BUY FROM HOLD AT BANKHAUS LAMPE
*ASSOCIATED BRITISH FOODS RAISED TO OUTPERFORM AT CREDIT SUISSE
*EXXARO RAISED TO EQUALWEIGHT VS UNDERWEIGHT AT BARCLAYS
*KUMBA IRON ORE RAISED TO OVERWEIGHT VS EQUALWEIGHT AT BARCLAYS
*LAGARDERE RAISED TO BUY VS NEUTRAL AT ODDO
*MTU AERO ENGINES RAISED TO BUY VS HOLD AT BERENBERG
*NEXANS RAISED TO NEUTRAL FROM UNDERPERFORM AT CREDIT SUISSE
*PGS RAISED TO NEUTRAL VS SELL AT UBS#
*SHELL RAISED TO OUTPERFORM VS MARKETPERFORM AT BERNSTEIN
*SMITHS GROUP RAISED TO OVERWEIGHT VS NEUTRAL AT JPMORGAN
>>> Down
*ARCELORMITTAL SOUTH AFRICA CUT TO UNDERWEIGHT AT BARCLAYS
*ASIA RESOURCE MINERALS CUT TO UNDERWEIGHT VS NEUTRAL: JPMORGAN
*FERREXPO CUT TO SELL VS NEUTRAL AT UBS
>>> PT Change
>>> Initiation
*ALPHA BANK RATED NEW NEUTRAL AT UBS, PT EU0.68
*EUROBANK RATED NEW SELL AT UBS, PT EU0.31
*LEONTEQ RATED NEW OUTPERFORM AT CREDIT SUISSE, PT CHF285
*ORLEN RATED NEW UNDERWEIGHT AT JPMORGAN
*PIRAEUS RATED NEW NEUTRAL AT UBS, PT EU1.45
*PKN ORLEN RATED NEW UNDERWEIGHT AT JPMORGAN
>>> Call
>> Stock
*ANGLO AMERICAN, FERREXPO ADDED TO UBS LEAST PREFERRED LIST