>>> Up
*ANSALDO RAISED TO OUTPERFORM VS NEUTRAL AT MEDIOBANCA
*BASHNEFT RAISED TO OVERWEIGHT VS EQUALWEIGHT AT MORGAN STANLEY
*CREDIT SUISSE RAISED TO BUY VS HOLD AT HELVEA/BAADER BANK
*EFG INTL RAISED TO BUY VS HOLD AT HELVEA/BAADER BANK
*ERICSSON RAISED TO BUY VS SELL AT SOCIETE GENERALE
*IMAGINATION RAISED TO NEUTRAL VS SELL AT UBS
*TATNEFT RAISED TO EQUALWEIGHT VS UNDERWEIGHT AT MORGAN STANLEY
*TRYG RAISED TO NEUTRAL VS UNDERWEIGHT AT JPMORGAN
*WALLENSTAM RAISED TO NEUTRAL VS REDUCE AT SWEDBANK
>>> Down
*AFFINE CUT TO HOLD VS BUY AT KEPLER CHEUVREUX
*EDENRED CUT TO NEUTRAL VS BUY AT GOLDMAN
*LECTRA CUT TO HOLD VS BUY AT SOCGEN
*NOKIA CUT TO HOLD VS BUY AT SOCIETE GENERALE
>>> PT Change
*ERG PT Raised to EU11 vs EU10 at Kepler Cheuvreux
*Inditex PT Raised to EU124 vs EU119 at Raymond James
>>> Initiation
*ALLIANZ RATED BUY AT COMMERZBANK, PT EU150; WAS UNDER REVIEW
*ARM RATED NEW OUTPERFORM AT FBR
*BLUE SOLUTIONS RATED NEW NEUTRAL AT HSBC
*DIXONS RETAIL REINITIATED BUY AT INVESTEC, PT 60P
*UMICORE RATED NEW EQUALWEIGHT AT MORGAN STANLEY, PT EU32
>>> Country Sector Stock Call
*LOGITECH ADDED TO EXANE’S TACTICAL SMALL & MID CAP LIST
*EU Banks Need to Deliver EPS Upgrades by 2Q14: Mediobanca