>>> Brokers Ups & Downs

Up

*ANGLOGOLD ASHANTI RAISED TO NEUTRAL VS SELL AT UBS *AUTOGRILL RAISED TO OVERWEIGHT VS NEUTRAL AT JPMORGAN *DEBENHAMS RAISED TO OVERWEIGHT VS EQUALWEIGHT AT MORGAN STANLEY *TELIASONERA RAISED TO NEUTRAL VS SELL AT CITI

Down

*ALIOR BANK CUT TO EQUALWEIGHT VS OVERWEIGHT AT MORGAN STANLEY *ALMA MEDIA CUT TO BUY VS STRONG BUY AT NORDEA *EDP CUT TO NEUTRAL VS OVERWEIGHT AT JPMORGAN *HUGO BOSS CUT TO SELL VS NEUTRAL AT GOLDMAN *IBERDROLA CUT TO NEUTRAL VS OUTPERFORM AT CREDIT SUISSE *LUXOTTICA CUT TO SELL VS NEUTRAL AT GOLDMAN *LVMH CUT FROM CONVICTION BUY AT GOLDMAN, STILL A BUY *NOVATEK CUT TO NEUTRAL VS OVERWEIGHT AT JPMORGAN *OPAP CUT TO UNDERWEIGHT VS EQUALWEIGHT AT MORGAN STANLEY *PHOSAGRO CUT TO NEUTRAL VS BUY AT BOFAML *TNT EXPRESS CUT TO NEUTRAL VS BUY AT UBS *TOD’S CUT TO SELL VS NEUTRAL AT GOLDMAN *TURKCELL CUT TO NEUTRAL VS BUY AT UBS

PT changes

*Brunello Cucinelli PT Raised to EU23.7 vs EU18.3 at Goldman *FERRAGAMO PT RAISED TO EU34.3 VS EU33.8 AT GOLDMAN; KEPT AT BUY *GEOX PT RAISED TO EU1.9 VS EU1.67 AT GOLDMAN; KEPT AT SELL *LAMPRELL PT RAISED TO 180P VS 150P AT RBC

Initiation

*ALDAR RATED NEW NEUTRAL AT GOLDMAN *ANADOLU HAYAT EMEKLILIK RATED NEW OVERWEIGHT AT JPMORGAN *DNO INTERNATIONAL RATED NEW NEUTRAL AT JPMORGAN; PT NOK17.50

Country sector Stock Call

*COCA-COLA HELLENIC ADDED TO UBS’S LEAST PREFERRED LIST *KPN ADED TO UBS’S MOST PREFERRED LIST * Telecom Italia Value Name in European Telecom, Macquarie Says

98) Options BFW Oct 21 2013 07:41:05 Buy EADS, Rolls, Safran, Thales on Earnings, Value, Citi Says

Credit

*JPMORGAN UPGRADES HEIDELBERGCEMENT TO OW FROM NEUTRAL *JPMORGAN CUTS ITALCEMENTI TO NEUTRAL FROM OVERWEIGHT *JPMORGAN CUTS CRH TO UNDERWEIGHT FROM NEUTRAL *JPMORGAN DOWNGRADES LAFARGE TO NEUTRAL FROM OVERWEIGHT *JPMORGAN DOWNGRADES ST. GOBAIN TO UW FROM NEUTRAL