>>> Up
*AER LINGUS RAISED TO BUY VS NEUTRAL AT GOLDMAN
*BANCO POPOLARE RAISED TO HOLD VS REDUCE AT KEPLER CHEUVREUX
*BANCO POPOLARE RAISED TO OUTPERFORM VS NEUTRAL AT EXANE
*EURONEXT RAISED TO NEUTRAL VS SELL AT UBS
*FRESENIUS MEDICAL CARE RAISED TO BUY VS HOLD AT SOCGEN
*MARINE HARVEST RAISED TO STRONG BUY AT NORDEA
*NLMK RAISED TO OVERWEIGHT VS EQUALWEIGHT AT BARCLAYS
*POP MILANO RAISED TO HOLD VS REDUCE AT KEPLER CHEUVREUX
>>> Down
*DRAX GROUP CUT TO NEUTRAL VS BUY AT UBS
*NOS ASSUMED AT OUTPERFORM AT CREDIT SUISSE; PT EU5.2
*ORIFLAME CUT TO SELL VS HOLD AT PARETO
>>> PT Changes
*BANCO POPOLARE PT CUT TO EU17 VS EU18.2 AT BOFAML; KEPT AT BUY
*CREDEM PT CUT 3% TO EU6.8 AT EXANE; KEPT AT NEUTRAL
*CREVAL PT CUT 7% TO EU1.25 AT EXANE; KEPT AT OUTPERFORM
*ITALCEMENTI PT CUT TO EU5.5 VS EU6.7 AT UBS; KEPT AT NEUTRAL
*POP. MILANO PT CUT 7% TO EU0.7 AT EXANE; KEPT AT OUTPERFORM
*SAFILO PT CUT TO EU19.2 VS EU19.5 AT BERENBERG; KEPT AT BUY
*SARAS PT CUT TO EU0.88 VS EU0.95 AT UBS; KEPT AT NEUTRAL
*UBI PT CUT 4% TO EU5.1 AT EXANE; KEPT AT UNDERPERFORM
>>> Initiation
*NOS ASSUMED AT OUTPERFORM AT CREDIT SUISSE; PT EU5.2
>>> Call
>> Stock
* CS Top 30
- Adds: Home Depot, AXA, Airbus, Bayer, Iberdrola, BHP Billiton
- Removes: ArcelorMittal, Want Want, HSBC, Sanofi, Deutsche Bank, GDF Suez
>> Sector
*CENTRAL EUROPEAN MEDIA UPPED TO NEUTRAL VS SELL AT GOLDMAN