>>> Up
*AEROPORTS DE PARIS RAISED TO EQUALWEIGHT AT MORGAN STANLEY
*AKBANK RAISED TO OVERWEIGHT VS UNDERWEIGHT AT JPMORGAN
*CAIRN ENERGY RAISED TO HOLD VS SELL AT SOCGEN
*DASSAULT SYSTEMES RAISED TO EQUALWEIGHT AT BARCLAYS
*DIXY GROUP RAISED TO BUY VS NEUTRAL AT GOLDMAN
*GARANTI RAISED TO NEUTRAL VS UNDERWEIGHT AT JPMORGAN
*GEA GROUP RAISED TO HOLD FROM SELL AT CLOSE BROTHERS; PT EU35
*MIGROS RAISED TO BUY VS NEUTRAL AT GOLDMAN
*MOESK RAISED TO HOLD FROM SELL AT DEUTSCHE BANK
>>> Down
*AFRICAN MINERALS CUT TO HOLD VS BUY AT JEFFERIES
*CLARIANT CUT TO NEUTRAL VS BUY AT GOLDMAN
*FLUGHAFEN ZURICH CUT TO EQUALWEIGHT AT MORGAN STANLEY
*GAS NATURAL CUT TO UNDERWEIGHT VS EQUALWEIGHT AT MORGAN STANLEY
*GKN CUT TO UNDERPERFORM VS BUY AT BOFAML
*KLOECKNER CUT TO NEUTRAL VS OVERWEIGHT AT JPMORGAN
*LONDON MINING CUT TO HOLD VS BUY AT JEFFERIES
*PAYPOINT CUT TO UNDERWEIGHT VS EQUALWEIGHT AT BARCLAYS
*PHARMSTANDARD CUT TO UNDERWEIGHT VS NEUTRAL AT JPMORGAN
*SEVERSTAL CUT TO EQUALWEIGHT VS OVERWEIGHT AT MORGAN STANLEY
*SKF CUT TO HOLD AT DEUTSCHE BANK
*WORLD DUTY FREE CUT TO NEUTRAL VS BUY AT GOLDMAN
>>> PT Change
>>> Initiation
*ARM HOLDINGS RATED NEW OUTPERFORM AT NORTHLAND, PT $60
*LENTA RATED NEW BUY AT GOLDMAN
*PROSIEBENSAT.1 RATED NEW HOLD AT WARBURG, PT EU33
*R. STAHL RATED NEW BUY AT BERENBERG
>>> Call
>> Stock
*ACTELION REMOVED FROM UBS MOST PREFERRED LIST
*HIKMA ADDED TO UBS MOST PREFERRED LIST