>>> Up
*BREMBO RAISED TO OUTPERFORM VS NEUTRAL AT MEDIOBANCA
*LAFARGEHOLCIM RAISED TO BUY VS HOLD AT KEPLER CHEUVREUX
*PATRIZIA IMMOBILIEN RAISED TO BUY VS HOLD AT KEPLER CHEUVREUX
*RATOS RAISED TO HOLD AT NORDEA
>>> Down
*GALP ENERGIA SGPS CUT TO HOLD AT SANTANDER
*JCDECAUX CUT TO REDUCE VS HOLD AT HSBC
*JCDECAUX CUT TO UNDERWEIGHT VS EQUALWEIGHT AT BARCLAYS
*LAGARDERE CUT TO UNDERPERFORM VS NEUTRAL AT BOFAML
*PEKAO CUT TO SELL AT SOCIETE GENERALE
*UBM CUT TO UNDERPERFORM VS NEUTRAL AT BOFAML
>>> PT Change
>>> Initiation
*MEDICLINIC RATED NEW EQUALWEIGHT AT BARCLAYS, PT 905P
>>> Call