>>> Up
*AL NOOR HOSPITALS RAISED TO BUY VS HOLD AT HSBC
*CARLSBERG RAISED TO ACCUMULATE VS NEUTRAL AT MIRABAUD
*EIFFAGE RAISED TO OVERWEIGHT VS NEUTRAL AT JPMORGAN
*H&R RAISED TO HOLD VS SELL AT BANKHAUS LAMPE
*REED ELSEVIER RAISED TO BUY VS NEUTRAL AT GOLDMAN
*SKANSKA RAISED TO HOLD VS REDUCE AT HSBC
*VINCI RAISED TO OVERWEIGHT VS NEUTRAL AT JPMORGAN
>>> Down
*ATLANTIA CUT TO NEUTRAL VS OVERWEIGHT AT JPMORGAN
*BHP BILLITON CUT TO REDUCE VS HOLD AT HSBC
*BRENNTAG CUT TO UNDERPERFORM AT CREDIT SUISSE
*HSBC CUT TO MARKET PERFORM AT BERNSTEIN, PT 650P, HK$80
*MITCHELLS & BUTLERS CUT TO HOLD AT JEFFERIES
*XEROS TECHNOLOGY CUT TO UNDERPERFORM VS BUY AT JEFFERIES
>>> PT Change
*CENTRICA PT RAISED from 292 to 305 AT GS
*ITV PT RASIED FROM 294 TO 304 AT GS
*LAGARDERE PT RAISED FROM 26.20 TO 27 AT GS
*MEDISAET ESPANA PT RAISED FROM 11 TO 11.50 AT GS
*REED ELSEVIER PT RAISED FROM 22.90 TO 25.60 AT GS
*SABMILLER CUT TO UNDERPERFORM VS SECTOR PERFORM AT RBC
*SALVATORE FERRAGAMO PT RAISED FROM 34.10 TO 35 AT GS
>>> Initiation
*LENTA RATED NEW OVERWEIGHT AT BARCLAYS, PT $12.43
>>> Call
>> Stock
*FERRAGAMO EXITS GOLDMAN CONVICTION BUY LIST, STAYS BUY
*RICHEMONT ADDED TO CONVICTION BUY LIST AT GOLDMAN