>>> Up
*DEBENHAMS RAISED TO OVERWEIGHT VS EQUALWEIGHT AT BARCLAYS
*DEUTSCHE TELEKOM RAISED TO NEUTRAL VS SELL AT GOLDMAN
*INTERTEK RAISED TO BUY VS NEUTRAL AT UBS
*MEGGITT RAISED TO BUY VS HOLD AT INVESTEC
*TITAN CEMENT RAISED TO NEUTRAL VS SELL AT CITI
*UNITED INTERNET RAISED TO BUY VS NEUTRAL AT GOLDMAN
>>> Down
*ABB CUT TO SELL VS HOLD AT DEUTSCHE BANK
*AMADEUS CUT TO UNDERWEIGHT VS EQUALWEIGHT AT BARCLAYS
*BILFINGER CUT TO UNDERPERFORM AT MAINFIRST
*FIDESSA CUT TO EQUALWEIGHT VS OVERWEIGHT AT BARCLAYS
*KUKA CUT TO SELL FROM HOLD AT BANKHAUS LAMPE
*MARSHALLS CUT TO NEUTRAL VS BUY AT CITI
*SCHNEIDER ELECTRIC CUT TO HOLD VS BUY AT DEUTSCHE BANK
*SGS CUT TO NEUTRAL VS BUY AT UBS
*TELKOM SA CUT TO NEUTRAL VS OUTPERFORM AT CREDIT SUISSE
>>> PT Changes
*TECHNIP TAKEOVER TARGET CGG’S PT RAISED TO EU9 VS EU6.5 AT UBS
>>> Initiation
*DRILLISCH RATED NEW BUY AT GOLDMAN, PT EU40
*HERMES RATED NEW BUY AT BERENBERG, PT EU308
*LSE RESUMED AT NEUTRAL AT JPMORGAN; PT 2,330P
*PENNON REINSTATED AT NEUTRAL AT JPMORGAN
*SEVERN TRENT REINSTATED AT OVERWEIGHT AT JPMORGAN
*UNITED UTILITIES REINSTATED AT OVERWEIGHT AT JPMORGAN
>>> Call
>> Stock
*EURASIA DRILLING ADDED TO RUSSIA, CEEMEA FOCUS LIST AT GOLDMAN