>>> Up
*ANDRITZ RAISED TO BUY VS NEUTRAL AT CITI
*HAMBURGER HAFEN RAISED TO BUY VS HOLD AT HSBC
*HARGREAVES LANSDOWN RAISED TO SECTOR PERFORM AT RBC CAPITAL
*RESTAURANT GROUP RAISED TO BUY AT JEFFERIES
*TALGO RAISED TO BUY AT KEPLER CHEUVREUX
>>> Down
*CARREFOUR CUT TO EQUALWEIGHT VS OVERWEIGHT AT MORGAN STANLEY
*DECEUNINCK CUT TO HOLD FROM BUY AT ING; PT KEPT AT EU2.40
*FAURECIA CUT TO HOLD VS BUY AT SOCGEN
*KOENIG & BAUER CUT TO HOLD VS BUY AT BANKHAUS LAMPE
*MARKS & SPENCER CUT TO SELL VS HOLD AT PEEL HUNT
*SERCO CUT TO REDUCE VS HOLD AT HSBC
*TED BAKER CUT TO HOLD VS BUY AT PEEL HUNT
>>> PT Change
>>> Initiation
*MONCLER RATED NEW EQUALWEIGHT AT MORGAN STANLEY; PT EU15
>>> Call
>> Sector
*EUROPEAN UTILITIES SECTOR RAISED TO OVERWEIGHT AT HSBC
*EUROPEAN COMMERCIAL SERVICES SECTOR CUT TO NEUTRAL AT HSBC