Ups
*ABERDEEN ASSET RAISED TO NEUTRAL VS UNDERPERFORM AT BOFAML *KCOM RAISED TO OVERWEIGHT VS NEUTRAL AT JPMORGAN *LAYNE CHRISTENSEN RAISED TO NEUTRAL VS SELL AT UBS *METRO RAISED TO OVERWEIGHT AT BARCLAYS *PIERRE & VACANCES RAISED TO BUY VS HOLD AT SOCGEN *WH SMITH RAISED TO OVERWEIGHT VS UNDERWEIGHT AT JPMORGAN
Down
*BANCO POPOLARE CUT TO HOLD VS ADD AT BANCA IMI *DAISY CUT TO UNDERWEIGHT VS NEUTRAL AT JPMORGAN *DANSKE BANK CUT TO SELL VS HOLD AT SOCGEN *DEUTSCHE POST CUT TO NEUTRAL VS BUY AT BOFAML *GSW IMMOBILIEN CUT TO SELL VS HOLD AT BANKHAUS LAMPE *INDITEX CUT TO NEUTRAL VS BUY AT BOFAML *INTERTEK CUT TO UNDERPERFORM VS SECTOR PERFORM AT RBC *NORDEA CUT TO HOLD VS BUY AT SOCGEN *WIRECARD CUT TO EQUALWEIGHT FROM OVERWEIGHT AT BARCLAYS
PT Change
*KBC ANCORA PT RAISED TO EU33.20 FROM EU22.80 AT ING *PIRELLI PT RAISED TO EU13 VS EU12 AT UBS; KEPT AT BUY *SWATCH PT RAISED TO CHF650 VS CHF600 AT CANTOR; KEPT AT BUY
Initiation
*BARRATT DEVELOPMENTS RATED NEW OVERWEIGHT AT BARCLAYS *BELLWAY RATED NEW UNDERWEIGHT AT BARCLAYS; PT 1498.1P *BERKELEY GRP RATED NEW EQUALWEIGHT AT BARCLAYS; PT 2454.7P *BOVIS HOMES RATED NEW UNDERWEIGHT AT BARCLAYS; PT 778.1P *EMPERIA RATED NEW BUY AT ING *GALLIFORD TRY RATED NEW EQUALWEIGHT AT BARCLAYS; PT 1200.1P *PERSIMMON RATED NEW EQUALWEIGHT AT BARCLAYS; PT 1260.4P *REDROW RATED NEW OVERWEIGHT AT BARCLAYS; PT 356.0P *ROYAL MAIL RATED NEW SECTOR PERFORM AT RBC, PT 580P *ROYAL MAIL RATED NEW SELL AT UBS, PT 450P *ROYAL MAIL RATED NEW NEUTRAL AT BOFAML; PT 580P *ROYAL MAIL RATED NEW EQUALWEIGHT AT BARCLAYS; PT 466P *TAYLOR WIMPEY RATED NEW OVERWEIGHT AT BARCLAYS; PT 146.8P
Country Sector Stock Call
*ENKA INSAAT CUT FROM UBS’S EMEA MOST PREFERRED LIST