>>> Up
*ALLIANZ RAISED TO BUY AT JEFFERIES
*AMS RAISED TO BUY VS HOLD AT HSBC
*BANCO POPOLARE RAISED TO OUTPERFORM VS NEUTRAL AT EXANE
*BELLWAY RAISED TO BUY VS NEUTRAL AT CITI
*CEMBRA MONEY BANK RAISED TO OUTPERFORM VS NEUTRAL AT C.SUISSE
*DRAX RAISED TO BUY VS SELL AT GOLDMAN
*GEOPARK RAISED TO OUTPERFORM VS MARKET PERFORM AT FIRSTENERGY
*TELE2 RAISED TO NEUTRAL VS UNDERPERFORM AT CREDIT SUISSE
*TERNA RAISED TO SECTOR PERFORM AT RBC CAPITAL
*TULLOW OIL RAISED TO TOP PICK VS OUTPERFORM AT FIRSTENERGY
>>> Down
*COBHAM CUT TO SELL VS HOLD AT BERENBERG
*DIALOG SEMICONDUCTOR CUT TO HOLD VS BUY AT HSBC
*PREMIER OIL CUT TO SPECULATIVE BUY VS OUTPERFORM: FIRSTENERGY
*VZ HOLDINGS CUT TO SELL VS NEUTRAL AT UBS
*WHITBREAD CUT TO NEUTRAL VS BUY AT GOLDMAN
>>> PT Change
*INFINEON PT RAISED TO €15.70 FROM €12.30 AT HSBC, REITERATES BUY RATING
>>> Initiation
*COSMO PHARMACEUTICALS RATED NEW OUTPERFORM AT CREDIT SUISSE
*HAPAG-LLOYD RATED NEW NEUTRAL AT CREDIT SUISSE
*HAPAG-LLOYD RATED NEW BUY AT CITI; PT EU24.43
*HAPAG-LLOYD RATED NEW NEUTRAL AT GOLDMAN; PT EU23.4
*HAPAG-LLOYD RATED NEW BUY AT BERENBERG; PT EU33
*HAPAG-LLOYD RATED NEW BUY AT HSBC
*RED ELECTRICA RATED NEW BUY AT JEFFERIES; PT EU88
*TERNA RATED NEW HOLD AT JEFFERIES; PT EU4.80
>>> Call
>> Stock
*ADECCO ADDED TO TOP STOCK IDEAS AT BAADER-HELVEA
*LINDE ADDED TO TOP STOCK IDEAS AT BAADER-HELVEA
*PATRIZIA IMMOBILIEN EXIT BAADER-HELVEA TOP STOCK IDEAS
*RHI ADDED TO TOP STOCK IDEAS AT BAADER-HELVEA
*ROCHE ADDED TO TOP STOCK IDEAS AT BAADER-HELVEA
*SCHINDLER EXIT BAADER-HELVEA TOP STOCK IDEAS
*SWISS LIFE EXIT BAADER-HELVEA TOP STOCK IDEAS
*TAMEDIA EXIT BAADER-HELVEA TOP STOCK IDEAS
*ZUMTOBEL ADDED TO TOP STOCK IDEAS AT BAADER-HELVEA