>>> Up
*ABERTIS RAISED TO NEUTRAL VS REDUCE AT NOMURA
*AMUNDI RAISED TO BUY VS NEUTRAL AT CITI
*CARREFOUR RAISED TO NEUTRAL VS REDUCE AT NOMURA
*CASINO RAISED TO BUY VS NEUTRAL AT NOMURA
*ELECTROLUX RAISED TO BUY VS NEUTRAL AT CITI
*GOLDMAN RAISED TO OVERWEIGHT VS UNDERWEIGHT AT JPMORGAN
*ICAP RAISED TO BUY VS HOLD AT LIBERUM
*IPF RAISED TO BUY VS SELL AT LIBERUM
*LEG IMMOBILIEN RAISED TO OVERWEIGHT AT MORGAN STANLEY
*MORGAN STANLEY RAISED TO OVERWEIGHT VS NEUTRAL AT JPMORGAN
*ROYAL DUTCH SHELL ADDED TO BUY LIST AT GOLDMAN, PT $52.50
*TULLETT PREBON RAISED TO BUY VS HOLD AT LIBERUM
>>> Down
*CLOSE BROTHERS CUT TO HOLD VS BUY AT LIBERUM
*CONTINENTAL CUT TO UNDERPERFORM AT EXANE; PT EU154
*CREDIT SUISSE CUT TO NEUTRAL VS OVERWEIGHT AT JPMORGAN
*GAMESA CUT TO NEUTRAL VS BUY AT GOLDMAN SACHS ( Note attached)
*METRO CUT TO NEUTRAL VS BUY AT NOMURA
*NESTLE CUT TO HOLD VS BUY AT JEFFERIES
*PENNON GROUP CUT TO UNDERPERFORM VS NEUTRAL AT CREDIT SUISSE
*PHILIPS CUT TO UNDERPERFORM AT JEFFERIES
*TECNICAS REUNIDAS CUT TO NEUTRAL AT JPMORGAN
*THYSSENKRUPP CUT TO ADD VS BUY AT ALPHAVALUE
>>> PT Change
*DEUTSCHE WOHNEN PT SET AT EU33 AT MORGAN STANLEY
>>> Initiation
*ATOS REINITIATED AT HOLD AT BERENBERG; PT EU66
*AVIVA RATED SELL VS UNDER REVIEW AT BERENBERG; PT 417P
*HELLA RATED NEW OVERWEIGHT AT JPMORGAN, PT EU44
*DEUTSCHE WOHNEN RESUMED AT OVERWEIGHT AT MORGAN STANLEY
*LEGAL & GENERAL RATED BUY VS UNDER REVIEW AT BERENBERG
*NOKIA RESUMED AT EQUALWEIGHT AT MORGAN STANLEY
*PHOENIX RATED HOLD VS UNDER REVIEW AT BERENBERG
*PRUDENTIAL RATED BUY VS UNDER REVIEW AT BERENBERG
*ST JAMES’S PLACE RATED BUY VS UNDER REVIEW AT BERENBERG
*STANDARD LIFE RATED BUY VS UNDER REVIEW AT BERENBERG
*TOTAL RESUMED OUTPERFORM AT RAYMOND JAMES, PT EU45
>>> Call
>> Stock
*ROYAL DUTCH SHELL ADDED TO BUY LIST AT GOLDMAN, PT $52.50