>>> Up
*AAREAL BANK RAISED TO BUY VS HOLD AT BANKHAUS LAMPE
*ASTRAZENECA RAISED TO EQUALWEIGHT VS UNDERWEIGHT AT BARCLAYS
*BURBERRY RAISED TO BUY VS NEUTRAL AT UBS
*CAIRN ENERGY RAISED TO BUY VS SPECULATIVE BUY AT CANACCORD
*CASINO RAISED TO NEUTRAL VS UNDERPERFORM AT EXANE
*DNO INTERNATIONAL RAISED TO BUY VS SPECULATIVE BUY AT CANACCORD
*ENI RAISED TO BUY VS HOLD AT CANACCORD
*E.ON RAISED TO BUY VS HOLD AT SOCGEN
*FAROE PETROLEUM RAISED TO BUY VS SPECULATIVE BUY AT CANACCORD
*HANNOVER RE RAISED TO HOLD VS SELL AT SOCGEN
*JULIUS BAER RAISED TO BUY VS HOLD AT BERENBERG
*KERING RAISED TO BUY VS NEUTRAL AT UBS
*NICHOLS RAISED TO BUY VS HOLD AT INVESTEC
*OPHIR ENERGY RAISED TO BUY VS SPECULATIVE BUY AT CANACCORD
*PORSCHE RASIED TO NEUTRAL AT EXANE
*PREMIER OIL RAISED TO SPECULATIVE BUY VS HOLD AT CANACCORD
*SERCO RAISED TO HOLD AT HSBC
*TOTAL SA RAISED TO BUY VS HOLD AT CANACCORD
>>> Down
*AXEL SPRINGER CUT TO UNDERWEIGHT VS EQUALWEIGHT AT BARCLAYS
*BAE SYSTEMS CUT TO UNDERPERFORM VS NEUTRAL AT CREDIT SUISSE
*BELLATRIX EXPLORATION CUT TO HOLD VS BUY AT CANACCORD
*CASINO CUT TO NEUTRAL VS OUTPERFORM AT MACQUARIE
*DIRECT LINE CUT TO HOLD VS BUY AT INVESTEC
*HUGO BOSS CUT TO NEUTRAL VS BUY AT UBS
*ITHACA ENERGY CUT TO SPECULATIVE BUY VS BUY AT CANACCORD
*MARQUEE ENERGY CUT TO SPECULATIVE BUY VS BUY AT CANACCORD
*MEDIASET ESPANA CUT TO NEUTRAL AT JPMORGAN
*ROCK ENERGY CUT TO SPECULATIVE BUY VS BUY AT CANACCORD
*SALVATORE FERRAGAMO CUT TO SELL VS NEUTRAL AT UBS
*SAVILLS CUT TO NEUTRAL VS BUY AT CITI
*SIG CUT TO SELL VS NEUTRAL AT UBS
*SMITH & NEPHEW CUT TO HOLD VS BUY AT DEUTSCHE BANK
*SURGE ENERGY CUT TO SPECULATIVE BUY VS BUY AT CANACCORD
*TOD’S CUT TO SELL VS NEUTRAL AT UBS
*TREATT CUT TO ADD VS BUY AT INVESTEC
*TRIANGLE PETROLEUM CUT TO HOLD VS BUY AT CANACCORD
*UNIPOLSAI CUT TO NEUTRAL VS BUY AT GOLDMAN
>>> PT Change
>>> Initiation
*ALPHA BANK, NBG REINSTATED AT OUTPERFORM AT CREDIT SUISSE
*BURBERRY SET AS NEW SELLS AT LIBERUM
*EUROBANK REINSTATED AT UNDERPERFORM AT CREDIT SUISSE
*HORIZON PHARMA REINSTATED BUY AT JEFFERIES, PT $31
*INTERMEDIATE CAPITAL SET AS NEW BUYS AT LIBERUM
*JOHNSTON PRESS RATED NEW BUY AT LIBERUM; PT 120P
*NOKIA SET AS NEW BUYS AT LIBERUM
*PIRAEUS BANK REINSTATED AT NEUTRAL AT CREDIT SUISSE
*SCHNEIDER ELECTRIC RESUMED OVERWEIGHT AT MORGAN STANLEY
*SERCO RESUMED AT NEUTRAL AT CITI; PT 90P
*TAYLOR WIMPEY SET AS NEW SELLS AT LIBERUM
*TELEPERFORMANCE RATED NEW BUY AT GOLDMAN, PT EU96 (YESTERDAY)
>>> Call
>> Stock
*ABB, ANGLO AMERICAN EXIT CONVICTION SELLS AT LIBERUM
*DEUTSCHE BOERSE ADDED TO BANKHAUS LAMPE ALPHA LIST; STAYS BUY
*INFINEON, TOTAL EXIT CONVICTION BUYS AT LIBERUM
*STROEER REMOVED FROM ALPHA LIST AT BANKHAUS LAMPE
*UNIPOL GRUPPO REMOVED FROM CONVICTION LIST, STILL BUY: GOLDMAN
* Buzzi, CRH, Wolseley, Travis Perkins Top UBS Building Picks
* Taylor Wimpey, Burberry Join CL Sell, Nokia CL Buy: Liberum