>>> Up
* Balfour Beatty Raised to Buy at Peel Hunt, PT 340p
* Cineworld Raised to Buy at Panmure Gordon & Co, PT 750p
* SGS Raised to Overweight at Morgan Stanley, PT CHF2,740
* UBM Raised to Overweight at Barclays, PT GBP7.55
* Zurich Airport Raised to Outperform at MainFirst, PT CHF240
>>> Down
* Aegon Cut to Neutral at Goldman, PT EU5.20
* Ageas Cut to Sell at Goldman, PT EU36
* Man Group Cut to Sector Perform at RBC, PT 175p
* Mapfre Cut to Underweight at JPMorgan, PT EU2.80
* Meritor Cut to Sector Weight at Keybanc
* Orpea Cut to Hold at SocGen, PT EU113
* SGL Cut to Hold at Baader-Helvea
* TalkTalk Cut to Underperform at Credit Suisse
* Trivago Cut to Equal-weight at Morgan Stanley
>>> Initiation
* ASR Nederland New Sell at Goldman, PT EU30
* Diageo New Outperform at Evercore ISI, PT $152
* NN New Buy at Goldman, PT EU40.50
* Titan Cement New Buy at HSBC, PT EU27
* Vicat New Hold at HSBC, PT EU64
>>> Call