UP
*ALCATEL-LUCENT RAISED TO OVERWEIGHT VS EQUALWEIGHT AT BARCLAYS *ANGLO AMERICAN RAISED TO BUY VS HOLD AT SOCGEN *ARCELORMITTAL RAISED TO OUTPERFORM VS NEUTRAL AT MACQUARIE *GULF KEYSTONE RAISED TO BUY VS NEUTRAL AT GOLDMAN *JOHNSON MATTHEY RAISED TO OVERWEIGHT AT JPMORGAN *Neste Oil Raised to Buy from Hold at Nordea *NOKIA RAISED TO EQUALWEIGHT VS UNDERWEIGHT AT BARCLAYS *TRAVIS PERKINS RAISED TO TOP PICK VS OUTPERFORM AT RBC
Down
*BUNZL CUT TO NEUTRAL VS OVERWEIGHT AT JPMORGAN *CHEMRING CUT TO NEUTRAL VS OVERWEIGHT AT JPMORGAN *CRODA CUT TO NEUTRAL VS OVERWEIGHT AT JPMORGAN *DELHAIZE CUT TO UNDERPERFORM VS HOLD AT JEFFERIES *EDP RENOVAVEIS CUT TO HOLD VS BUY AT BERENBERG *ENSCO CUT TO HOLD VS BUY AT SOCGEN *ERAMET CUT TO SELL VS BUY AT SOCGEN *ERICSSON CUT TO UNDERWEIGHT VS EQUALWEIGHT AT BARCLAYS *GLENCORE CUT TO HOLD AT LIBERUM *INFINEON CUT TO NEUTRAL VS BUY AT BOFAML *QIAGEN CUT FROM UBS’S MOST PREFERRED LIST *PORTUGAL TELECOM CUT TO UNDERWEIGHT VS BUY AT SANTANDER *RBS CUT TO UNDERPERFORM AT BOFAML *SOCO CUT TO NEUTRAL VS BUY AT BOFAML
PT Changes
*ARCELORMITTAL PT RAISED TO EU18 VS EU11.5 AT SOCGEN, STAYS BUY
Initiation
*AMEC RATED NEW NEUTRAL AT MACQUARIE, PT 1,111P *CNH INDUSTRIAL RATED NEW SELL AT BERENBERG, PT $9.3 *GLANBIA RATED NEW OVERWEIGHT AT BARCLAYS, PT EU11.25 *HUNTING RATED NEW OUTPERFORM AT MACQUARIE, PT 874P *SALZGITTER RAISED TO HOLD VS SELL AT SOCGEN *WOOD GROUP RATED NEW OUTPERFORM AT MACQUARIE, PT 860P
Country Sector Stock Call
*AB FOODS ADDED TO THE UBS’S EUROPEAN KEY CALL LIST *ARCELORMITTAL ADDED TO SOCGEN PREMIUM LIST *LLOYDS REMOVED FROM BOFA’S EUROPE 1 LIST *ROCKHOPPER ADDED TO CONVICTION BUY LIST AT GOLDMAN *SHIRE, S&N ADDED TO UBS’S MOST PREFERRED LIST *VALEO REMOVED FROM SOCGEN PREMIUM LIST *WILLIAM DEMANT ADDED TO UBS’S LEAST PREFERRED LIST