>>> Up
*CAIRN ENERGY RAISED TO OUTPERFORM VS NEUTRAL AT MACQUARIE
*LUXOTTICA RAISED TO BUY VS HOLD AT DEUTSCHE BANK
*PERNOD RAISED TO BUY VS HOLD AT JEFFERIES
*USG CORP. RAISED TO OUTPERFORM AT RBC CAPITAL
>>> Down
*AB FOODS CUT TO UNDERPERFORM AT JEFFERIES
*BUZZI UNICEM CUT TO NEUTRAL VS OUTPERFORM AT MEDIOBANCA
*HSBC CUT TO NEUTRAL VS BUY AT CITI, PT HK$62
*KONE OYJ CUT TO UNDERWEIGHT VS EQUALWEIGHT AT BARCLAYS
*KRONES CUT TO NEUTRAL VS BUY AT UBS
*LINDE CUT TO SELL VS NEUTRAL AT CITI
*SECHE ENVIRONNEMENT CUT TO HOLD VS BUY AT KEPLER CHEUVREUX
*SYMRISE CUT TO REDUCE VS HOLD AT KEPLER CHEUVREUX
>>> Initiation
*AB INBEV RATED NEW BUY AT JEFFERIES; PT EU130
*BERRY PLASTICS GROUP INC RATED NEW OVERWEIGHT AT JPMORGAN
*BRITVIC RATED NEW HOLD AT JEFFERIES; PT 650P
*CAMPARI RATED NEW HOLD AT JEFFERIES; PT EU10
*CARLSBERG RATED NEW HOLD AT JEFFERIES; PT DKK600
*COCA-COLA HELLENIC RATED NEW BUY AT JEFFERIES; PT 2,000P
*GB GROUP RATED NEW BUY AT CITI; PT 400P
*GRANDVISION RATED NEW BUY AT DEUTSCHE BANK; PT EU30.5
*HEINEKEN RATED NEW HOLD AT JEFFERIES; PT EU80
*NCC GROUP RATED NEW NEUTRAL AT CITI; PT 335P
*PURPLEBRICKS GROUP RATED NEW BUY AT CITI; PT 200P
*REMY COINTREAU RATED NEW HOLD AT JEFFERIES; PT EU80
*UNIPER RATED NEW HOLD AT HSBC, PT EU11
*UNIPER SE RATED NEW OVERWEIGHT AT JPMORGAN
>>> Call
>> Index
*EURO STOXX 50 END-2016 TARGET RAISED TO 3,200 AT BARCLAYS
*STOXX 600 END-2016 TARGET RAISED TO 360 VS 340 AT BARCLAYS