>>> Up
*CAPITAL ONE RAISED TO OVERWEIGHT AT JPMORGAN
*OSRAM LICHT RAISED TO NEUTRAL VS SELL AT UBS
*SOCGEN RAISED TO OVERWEIGHT VS EQUALWEIGHT AT BARCLAYS
*TDC A/S RAISED TO BUY VS HOLD AT BERENBERG
*WENDEL RAISED TO BUY VS HOLD AT SOCGEN
>>> Down
*EDISON INTERNATIONAL DOWNGRADED TO NEUTRAL/NEUTRAL AT GOLDMAN
*INCHCAPE CUT TO HOLD VS BUY AT BERENBERG
*K+S CUT TO REDUCE AT HSBC
*NOVARTIS CUT TO NEUTRAL VS BUY AT UBS
*SPIRAX-SARCO CUT TO UNDERPERFORM VS NEUTRAL AT EXANE
*RAIFFEISEN CUT TO NEUTRAL VS OUTPERFORM AT EXANE
*ULKER CUT TO NEUTRAL VS BUY AT GOLDMAN
>>> PT Change
>>> Initiation
*ENEL RESTARTED AT NEUTRAL AT MEDIOBANCA; PT EU4.20
*MOTOR OIL RATED NEW OUTPERFORM AT CREDIT SUISSE, PT EU15
*NESTE RATED NEW NEUTRAL AT CREDIT SUISSE, PT EU27.5
*SARAS RATED NEW OUTPERFORM AT CREDIT SUISSE, PT EU2
>>> Call
>> Sector
*EUROPE HEALTH-CARE SECTOR RAISED FROM UNDERWEIGHT RO NEUTRAL AT CITI