>>> Up
*IMI RAISED TO BUY VS NEUTRAL AT UBS
*NORILSK NICKEL RAISED TO OVERWEIGHT AT MORGAN STANLEY
*NUMERICABLE RAISED TO BUY VS NEUTRAL AT CITI
*REN RAISED TO BUY VS NEUTRAL AT CITI
*THOMAS COOK RAISED TO NEUTRAL VS REDUCE AT NOMURA
*UNIQA INSURANCE RAISED TO OVERWEIGHT VS NEUTRAL AT JPMORGAN
>>> Down
*COMMERZBANK CUT TO NEUTRAL VS OUTPERFORM AT EXANE
*CREDIT SUISSE CUT TO NEUTRAL VS BUY AT BOFAML
*EDP CUT TO SELL VS NEUTRAL AT CITI
*ELEKTA CUT FROM CONVICTION BUY LIST AT GOLDMAN, STILL BUY
*ENDESA CUT TO SELL VS BUY AT CITI
*ENEL CUT TO SELL VS NEUTRAL AT CITI
*FIAT CUT TO UNDERPERFORM AT SANFORD BERNSTEIN
*LAGARDERE CUT TO EQUALWEIGHT VS OVERWEIGHT AT BARCLAYS
*NATIONAL GRID CUT TO NEUTRAL VS OUTPERFORM AT CREDIT SUISSE
*PORTUGAL TELECOM CUT TO HOLD VS BUY AT BERENBERG
*RENAULT CUT TO MARKET PERFORM AT SANFORD BERNSTEIN
*VTB CUT TO HOLD VS BUY AT SOCGEN
>>> PT Changes
*ENI SPA GIVEN NEW PT OF EU16.80 AT JEFFERIES
*TOTAL SA GIVEN NEW PT OF EU49 AT JEFFERIES
*Vontobel PT Cut to CHF35 at Mediobanca; Kept at Neutral
>>> Initiation
*AMEC RATED NEW BUY AT BERENBERG; PT 1,450P
*ENI RATED NEW UNDERPERFORM AT JEFFERIES
*GENESIS ENERGY RATED NEW UNDERPERFORM AT CREDIT SUISSE
*HENDERSON RESUMED OVERWEIGHT AT MORGAN STANLEY, PT 280P
*METSO RESUMED NEUTRAL AT BOFAML, PT EU30
*TOTAL SA RATED NEW HOLD AT JEFFERIES
*WEIR GROUP RESUMED BUY AT BOFAML, PT 2,850P
*WOOD GROUP RATED NEW HOLD AT BERENBERG; PT 714P
>>> Call
>> Stock
*TALKTALK REMOVED FROM UBS’S LEAST PREFERRED LIST