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*ALCATEL RAISED TO BUY VS NEUTRAL AT UBS *BP RAISED TO EQUALWEIGHT VS UNDERWEIGHT AT MORGAN STANLEY *DCC RAISED TO OVERWEIGHT VS NEUTRAL AT JPMORGAN *GAMESA RAISED TO NEUTRAL VS UNDERPERFORM AT MACQUARIE *RBS RAISED TO HOLD VS SELL AT SOCGEN
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*ASTRAZENECA CUT TO NEUTRAL VS BUY AT UBS *CTS EVENTIM CUT TO HOLD VS BUY AT DEUTSCHE BANK *DANONE CUT TO NEUTRAL VS BUY AT GOLDMAN *DRAEGERWERK CUT TO HOLD VS BUY AT BERENBERG *ENI CUT TO EQUALWEIGHT VS OVERWEIGHT AT MORGAN STANLEY *JAZZTEL CUT TO HOLD VS BUY AT BERENBERG *NOBEL BIOCARE CUT TO HOLD VS BUY AT BERENBERG *OUTOKUMPU CUT TO SELL VS HOLD AT NORDEA *RENAULT CUT TO NEUTRAL VS BUY AT UBS *STADA ARZNEIMITTEL CUT TO HOLD VS BUY AT DEUTSCHE BANK *STRAUMANN HOLDING CUT TO HOLD VS BUY AT BERENBERG *TEVA PHARMA CUT TO UNDERWEIGHT VS NEUTRAL AT JPMORGAN *UBI CUT TO UNDERPERFORM VS NEUTRAL AT EXANE
PT Changes
*Banco Popolare PT Raised to EU1.3 vs EU1 at SocGen *Daimler PT Raised to EU51 vs EU39 at Barclays *INTESA PT RAISED TO EU1.85 VS EU1.6 AT SOCGEN; KEPT AT HOLD *Pop. Milano PT Raised to EU0.5 vs EU0.42 at SocGen *RBS PT CUT TO 380P FROM 400P AT BARCLAYS; KEPT AT OVERWEIGHT *RBS PT Cut to 340p vs 348p at Mediobanca; Kept at Neutral *RECORDATI PT RAISED TO EU9 VS EU8 AT JEFFERIES; KEPT AT HOLD *UBI PT RAISED TO EU5.1 VS EU3.7 AT SOCGEN; KEPT AT HOLD *UNICREDIT PT RAISED TO EU6.2 VS EU5.3 AT SOCGEN; KEPT AT BUY *YOOX PT RAISED 36% TO EU34 AT BOFAML; KEPT AT BUY *YOOX PT RAISED TO EU30 VS EU20 AT DEUTSCHE BANK; KEPT AT BUY
Initiations
*CA IMMO RATED NEW BUY AT DEUTSCHE BANK; PT EU14
Country Sector Market Call
*GN STORE NORD ADDED TO UBS’S MOST PREFERRED LIST *GRIFOLS ADDED TO BOFA’S EUROPE 1 LIST *G4S REMOVED FROM UBS’S LEAST PREFERRED LIST *SMITH & NEPHEW REMOVED FROM UBS’S MOST PREFERRED LIST *SONOVA REMOVED FROM UBS’S MOST PREFERRED LIST *STRAUMANN REMOVED FROM UBS’S LEAST PREFERRED LIST