>>> Brokers Upgrades & Gowngrades - 01/07/2014

>>> Up
*ACERINOX RAISED TO NEUTRAL VS UNDERPERFORM AT CREDIT SUISSE
*DAILY MAIL RAISED TO OVERWEIGHT VS EQUALWEIGHT AT BARCLAYS
*DANONE RAISED TO BUY VS HOLD AT KEPLER CHEUVREUX
*FORTUNA RAISED TO BUY AT KOMERCNI BANKA
*KINNEVIK RAISED TO BUY VS HOLD AT KEPLER CHEUVREUX
*SECURITAS RAISED TO BUY VS HOLD AT NORDEA
*TALANX RAISED TO OUTPERFORM VS NEUTRAL AT MEDIOBANCA

>>> Down
*KLOECKNER & CO CUT TO UNDERPERFORM VS OUTPERFORM: CREDIT SUISSE

>>> PT Changes


>>> initiation
*ALSTOM RATED NEW NEUTRAL AT JPMORGAN; PT EU27
*G4S RATED NEW BUY AT UBS; PT 310P
*HIAG IMMOBILIEN RATED NEW OUTPERFORM AT CREDIT SUISSE; PT SF87
*NATIONAL BANK OF GREECE RESUMED BUY AT GOLDMAN SACHS
*PLASTIC OMNIUM RATED NEW HOLD AT DEUTSCHE BANK, PT EU25
*PIRAEUS BANK RATED NEW EQUALWEIGHT AT MORGAN STANLEY; PT EU1.95

>>> Call
>> Stock
*BUNZL REMOVED FROM UBS’S LEAST PREFERRED LIST
*CREDIT AGRICOLE CUT FROM UBS’S MOST PREFERRED LIST
*SECURITAS ADDED TO UBS’S LEAST PREFERRED LIST
*SOCIETE GENERALE ADDED TO UBS’S MOST PREFERRED LIST
*STRAUMANN ADDED TO SMID FOCUS LIST AT CREDIT SUISSE
*BoAML - top 10 EMEA Ideas : Buys: Aviva, Carrefour, Drax, Eni, Holcim, Philips, Rio Tinto Underperforms: Akzo Nobel, Saint Gobain, Volvo