>>> Up
* ArcelorMittal Upgraded to Add at AlphaValue
* Baker Hughes Upgraded to Neutral at Goldman
* Data Respons Upgraded to Buy at Handelsbanken; PT 30 Kroner
* Hamburger Hafen Raised to Hold at Kepler Cheuvreux; PT 24 Euros
* Imerys Upgraded to Add at AlphaValue
* Outokumpu Raised to Buy at DNB Markets; Price Target 7.70 Euros
* Prosegur Upgraded to Hold at Kepler Cheuvreux; PT 7.65 Euros
* Sartorius Upgraded to Buy at Bankhaus Metzler; PT 110 Euros
* Sartorius Stedim Upgraded to Add at Gilbert Dupont; PT 69 Euros
* Statoil Upgraded to Neutral at Goldman
* Subsea 7 Upgraded to Neutral at Goldman; PT 124.70 Kroner
* TalkTalk Upgraded to Outperform at RBC; PT 1.50 Pounds
* Wartsila Upgraded to Buy at Pareto Securities; PT 62 Euros
* Yara Upgraded to Hold at Norne Securities; PT 380 Kroner
>>> Down
* BCP Downgraded to Underperform at BPI; PT 35 Cents
* DIA Downgraded to Sell at Mirabaud Securities; PT 4.44 Euros
* Burberry Rated New Hold at Jefferies; PT 16.50 Pounds
* Freenet Downgraded to Sell at UBS; PT 27.50 Euros
* Galp Downgraded to Sell at Goldman
* H&M Downgraded to Neutral at Credit Suisse; PT 150 Kronor
* Mondelez Cut to Equal-weight at Consumer Edge Research; PT $48
* NOS Downgraded to Underweight at Barclays; PT 6 Euros
* Outokumpu Downgraded to Neutral at Credit Suisse; PT 7.50 Euros
* Salvatore Ferragamo Downgraded to Underperform at Raymond James
* Straumann Downgraded to Sell at Berenberg
* Unipol Cut to Hold at Kepler Cheuvreux; Price Target 4.60 Euros
* Vivendi Downgraded to Hold at HSBC; Price Target 24 Euros
>>> Initiation
* Airbus Reinstated Overweight at Morgan Stanley; PT 115 Euros
* AIB Group Rated New Underperform at Credit Suisse; PT 4.60 Euros
* BAE Reinstated Equal-weight at Morgan Stanley; PT 5.50 Pounds
* Medistim Downgraded to Hold at DNB Markets; PT 76 Kroner
* Meggitt Reinstated Equal-weight at Morgan Stanley; PT 5 Pounds
* MTU Aero Rated New Underweight at Morgan Stanley; PT 140 Euros
* Prosegur Cash Rated New Buy at Kepler Cheuvreux; PT 3.25 Euros
* Rolls-Royce Reinstated Equal-weight at Morgan Stanley
* Safran Reinstated Equal-weight at Morgan Stanley; PT 98 Euros
>>> Call
>> Stock
* *NVIDIA REMOVED FROM CONVICTION LIST AT GOLDMAN, REMAINS BUY