>>> Up
*SPAREBANK 1 NORD-NORGE RAISED TO BUY AT NORDEA
*VODAFONE RAISED TO OUTPERFORM VS NEUTRAL AT MACQUARIE
>>> Down
*AB FOODS CUT TO HOLD VS BUY AT BERENBERG
*GAZPROM CUT TO SELL VS NEUTRAL AT GOLDMAN
*NOVATEK CUT TO NEUTRAL VS BUY AT GOLDMAN
*REPSOL CUT TO EQUALWEIGHT VS OVERWEIGHT AT MORGAN STANLEY
*SKF CUT TO NEUTRAL AT JPMORGAN
*TELEFONICA CUT TO UNDERPERFORM VS NEUTRAL AT CREDIT SUISSE
*ZURICH INSURANCE CUT TO EQUALWEIGHT VS OVERWEIGHT AT BARCLAYS
>>> PT Change
*ASML PRICE TARGET CUT TO EU85 FROM EU98 AT ING
>>> Initiation
>>> Call
>> Stock
*ROSNEFT REMOVED FROM GOLDMAN CEEMEA FOCUS LIST