>>> Up
* Crest Nicholson Raised to Add at Peel Hunt
* Crest Nicholson Raised to Add at Peel Hunt
* Toll Brothers Raised to Neutral at Goldman; PT $124
>>> Down
* KMC Properties Cut to Neutral at SpareBank; PT 7.60 kroner
>>> Down
* KMC Properties Cut to Neutral at SpareBank; PT 7.60 kroner
* SSP Cut to Sell at Goldman; PT 160 pence
>>> Initiation
* Bowhead Specialty Rated New Equal-Weight at Morgan Stanley
>>> Call
>>> Initiation
* Bowhead Specialty Rated New Equal-Weight at Morgan Stanley
>>> Call
* CONTINENTAL EUROPEAN EQUITIES DOWNGRADED TO NEUTRAL AT CITI
* US EQUITIES UPGRADED TO OVERWEIGHT VS NEUTRAL AT CITI
* Evotec Loses Clean Sweep of Buys as Intron Double-Downgrades
* Goldman Sachs Boosts S&P 500 Year-End Target to 5,600 From 5,200
* Goldman Sachs Boosts S&P 500 Year-End Target to 5,600 From 5,200