>>> Up
* Accor Upgraded to Outperform at Bernstein; PT Set to 44 Euros
* Danone Upgraded to Outperform at Davy
>>> Down
* Bauer Cut to Hold at Kepler Cheuvreux; Price Target 22 Euros
* Evraz Downgraded to Sell at Citi
* Evraz Cut to Hold at VTB Capital; Price Target 6.70 Pounds
* Lufthansa Downgraded to Hold at HSBC; PT 16.50 Euros
>>> Initiation
* STMicroelectronics Rated New Buy at SocGen; PT 23.60 Euros
* Veolia Rated New Outperform at MainFirst; PT 24.70 Euros
>>> Call
* BBVA, CaixaBank Stand Out in Low Growth Spanish Bank Sector: RBC
* Evraz Cut to Sell; Consensus Now Looks Realistic, Citi Says
* Citi Expects to See Consolidation in Europe’s Hotel Sector