>>> Up
*BELLWAY UPGRADED TO OUTPERFORM AT DAVY
*BMW RAISED TO BUY FROM HOLD AT DEUTSCHE BANK
*CREDIT AGRICOLE RAISED TO NEUTRAL VS UNDERPERFORM AT BOFAML
*LONDON MINING RAISED TO NEUTRAL VS SELL AT GOLDMAN
*OUTOKUMPU RAISED TO OUTPERFORM VS UNDERPERFORM AT CREDIT SUISSE
>>> Down
*ACERINOX CUT TO UNDERPERFORM VS NEUTRAL AT CREDIT SUISSE
*APERAM CUT TO NEUTRAL VS OUTPERFORM AT CREDIT SUISSE
*BARRATT DEVELOPMENTS DOWNGRADED TO NEUTRAL AT DAVY
*BRITISH AMERICAN TOBACCO CUT TO NEUTRAL AT CREDIT SUISSE
>>> PT Change
>>> Initiation
*SAINT GOBAIN RESUMED BUY AT CITI, PT EU47
*THROMBOGENICS RATED NEW NEUTRAL AT GOLDMAN, PT EU23
>>> Call
>> Stock
*DANONE REMOVED FROM UBS’S LEAST PREFERRED LIST
*IAG REMOVED FROM MORGAN STANLEY'S BEST IDEAS LIST
*REMY ADDED TO UBS’S LEAST PREFERRED LIST