>>> Up
* Carrefour Upgraded to Neutral at Credit Suisse; PT 16 Euros
* Duerr Upgraded to Buy at HSBC; PT 107 Euros
* Fraport Upgraded to Hold at HSBC; PT 78 Euros
* InterContinental Raised to Neutral at JPMorgan; PT 43.50 Pounds
* Kimco Upgraded to Overweight at JPMorgan; PT $18.50
* Nokian Renkaat Upgraded to Buy at Danske Bank; PT 42 Euros
* Roche Upgraded to Outperform at MainFirst; PT 265 Francs
* SGL Upgraded to Hold at Kepler Cheuvreux; PT 10 Euros
* Umicore Upgraded to Buy at Berenberg
* YIT Upgraded to Hold at DNB Markets; PT 5 Euros
>>> Down
* Bossard Downgraded to Sell at Research Partners; PT 170 Francs
* Campari Downgraded to Neutral at Citi
* Corem Property Cut to Hold at Kepler Cheuvreux; PT 10.30 Kronor
* IAG Downgraded to Neutral at MainFirst
* OHL Downgraded to Hold at Bankinter Securities
* PGS Downgraded to Hold at Danske Bank; PT 40 Kroner
* Sartorius Downgraded to Reduce at Commerzbank; PT 100 Euros
>>> Initiation
* Ceva Logistics Rated New Buy at HSBC; PT 29 Francs
* Maestrano Group Rated New Buy at Arden Partners; PT 30 Pence
* Westag & Getalit Rated New Sell at Montega; PT 22.50 Euros
>>> Call