>>> Up
*AMER SPORTS RAISED TO BUY FROM HOLD AT NORDEA
*EVONIK CUT TO NEUTRAL VS OVERWEIGHT VS OVERWEIGHT AT JPMORGAN
*GLANBIA RAISED TO BUY VS HOLD AT SOCGEN
*RAIFFEISEN RAISED TO OUTPERFORM VS NEUTRAL AT EXANE
*KEMIRA CUT TO NEUTRAL VS OVERWEIGHT AT JPMORGAN
*KERRY RAISED TO BUY VS HOLD AT SOCGEN
*LPP RAISED TO OVERWEIGHT VS NEUTRAL AT JPMORGAN
*NICE SYSTEMS RAISED TO BUY VS NEUTRAL AT UBS
*SALAMANDER ENERGY RAISED TO OVERWEIGHT AT MORGAN STANLEY
*SEMAFO RAISED TO NEUTRAL VS SELL AT GOLDMAN
*SMITH & NEPHEW RAISED TO BUY VS ADD AT INVESTEC
*TELECOM ITALIA RAISED TO BUY VS HOLD AT BERENBERG
*UMICORE RAISED TO NEUTRAL VS UNDERWEIGHT AT JPMORGAN
>>> Down
*DANONE CUT TO UNDERWEIGHT VS EQUALWEIGHT AT BARCLAYS
*EUROCASH CUT TO UNDERWEIGHT VS EQUALWEIGHT AT MORGAN STANLEY
*NESTLE CUT TO NEUTRAL VS OUTPERFORM AT CREDIT SUISSE
*NORDEA CUT TO NEUTRAL VS BUY AT NOMURA
*OPHIR ENERGY CUT TO EQUALWEIGHT VS OVERWEIGHT AT MORGAN STANLEY
*REMY COINTREAU CUT TO NEUTRAL VS BUY AT GOLDMAN
*SANDVIK CUT TO SELL VS NEUTRAL AT UBS
*XCITE ENERGY CUT TO EQUALWEIGHT VS OVERWEIGHT AT MORGAN STANLEY
>>> Initiation
*BALFOUR BEATTY RATED NEW BUY AT JEFFERIES, PT 406P
*CARILLION RATED NEW BUY AT JEFFERIES, PT 518P
*INTERSERVE RATED NEW BUY AT JEFFERIES, PT 813P
*ISG RATED NEW BUY AT JEFFERIES, PT 381P
*KIER GROUP RATED NEW BUY AT JEFFERIES, PT 2093P
*SPORTS DIRECT RATED NEW BUY AT JEFFERIES, PT 1,000P
>>> PT Change
>>> Call
>> Stock
*ATLAS COPCO REMOVED FROM UBS’S LEAST PREFERRED LIST
*SANDVIK ADDED TO UBS’S LEAST PREFERRED LIST