>>> Up
* AB Foods Upgraded to Overweight at Barclays; PT 33.80 Pounds
* Adtran Upgraded to Neutral at Goldman
* Gilead Upgraded to Outperform at Wells Fargo; PT $96
* Hunting Upgraded to Overweight at Morgan Stanley; PT 8.60 Pounds (double Upgrade)
* Iberdrola Upgraded to Buy at SocGen; Price Target 7.25 Euros
* Michaels Upgraded to Buy at Goldman
* Northrop Grumman Upgraded to Outperform at Wells Fargo; PT $360
* P&G Upgraded to Neutral at Goldman; PT $88
* Scor Upgraded to Sector Perform at RBC; PT 37 Euros
* Spirit Aero Upgraded to Outperform at Wells Fargo; PT $110
>>> Down
* Finisar Downgraded to Sell at Goldman
* Hershey Downgraded to Sell at Goldman; PT $101
* Inchcape Downgraded to Hold at Berenberg
* Lockheed Cut to Market Perform at Wells Fargo; Price Target $340
* Premier Oil Cut to Sector Perform at RBC; Price Target 1 Pound
* Rockwell Collins Cut to Market Perform at Wells Fargo; PT $143
* RPC Downgraded to Hold at Berenberg
* Spirit Air Downgraded to Hold at Stifel; PT $50
* Umicore Downgraded to Underperform at Credit Suisse; PT 30 Euros
>>> Initiation
* Credit Suisse Rated New Underweight at Barclays; PT 15.40 Francs
* Sabre Insurance Group Rated New Buy at Berenberg; PT 3.20 Pounds
* Sabre Insurance Group Rated New Overweight at Barclays
* UBS Rated New Underweight at Barclays; PT 15.80 Francs
>>> Call