>>> Up
*BALOISE RAISED TO OVERWEIGHT VS UNDERWEIGHT AT JPMORGAN
*BUZZI UNICEM RAISED TO OVERWEIGHT AT MORGAN STANLEY
*ENEL RAISED TO NEUTRAL VS SELL AT GOLDMAN
*HOLMEN RAISED TO HOLD VS REDUCE AT KEPLER CHEUVREUX
*INFINEON RAISED TO BUY VS NEUTRAL AT UBS
*INTERMEDIATE CAPITAL RAISED TO HOLD VS REDUCE AT NUMIS
*LUXOTTICA RAISED TO NEUTRAL VS SELL AT GOLDMAN
*MEDA RAISED TO STRONG BUY VS BUY AT SWEDBANK
*MELEXIS RATED NEW NEUTRAL AT UBS, PT EU35
*MONCLER RAISED TO BUY VS NEUTRAL AT GOLDMAN
>>> Down
*ADIDAS CUT TO NEUTRAL VS BUY AT GOLDMAN
*AIXTRON, OSRAM, VISCOM RAISED TO BUY VS HOLD AT DZ BANK
*BERENDSEN CUT TO NEUTRAL VS BUY AT GOLDMAN
*DRAX GROUP CUT TO UNDERPERFORM AT SANFORD BERNSTEIN
*DRAX GROUP CUT TO NEUTRAL VS OVERWEIGHT AT HSBC
*ENERGA CUT TO NEUTRAL VS BUY AT UBS
*FRIENDS LIFE GROUP CUT TO NEUTRAL VS BUY AT GOLDMAN
*GLENCORE CUT TO NEUTRAL VS OUTPERFORM AT CREDIT SUISSE
*INTERTEK CUT TO NEUTRAL VS BUY AT GOLDMAN
*KAZMUNAIGAZ CUT TO NEUTRAL VS BUY AT GOLDMAN
*KERING CUT TO SELL VS NEUTRAL AT GOLDMAN
*LVMH CUT TO NEUTRAL VS BUY AT GOLDMAN
*ROSNEFT CUT TO NEUTRAL VS BUY AT GOLDMAN
*SOLOCAL REMOVED FROM GOLDMAN CONVICTION BUY LIST, STAYS BUY
*SWISS LIFE CUT TO NEUTRAL VS OVERWEIGHT AT JPMORGAN
>>> PT Change
*ESSILOR REINSTATED NEUTRAL AT GOLDMAN, PT EU78.4
*FUGRO PT CUT TO EU24.50 FROM EU30 AT KBC
>>> Call
*DIALOG SEMI RATED EQUALWEIGHT AT MORGAN STANLEY; PT EU19
*DP WORLD RATED NEW UNDERWEIGHT AT HSBC, PT $16.4
*SOLOCAL REMOVED FROM GOLDMAN CONVICTION BUY LIST, STAYS BUY
*SIEMENS ADDED TO CREDIT SUISSE EUROPE & GLOBAL FOCUS LIST
*TVN ADDED TO GOLDMAN CEEMEA FOCUS LIST, REITERATES BUY