>>> Up
*AAREAL BANK RAISED TO ADD VS REDUCE AT ALPHAVALUE
*AP MOELLER-MAERSK RAISED TO NEUTRAL VS UNDERPERFORM AT BOFAML
*ARCELORMITTAL RAISED TO BUY VS NEUTRAL AT CITI
*MICHELIN RAISED TO OVERWEIGHT VS EQUALWEIGHT AT MORGAN STANLEY
*TECHNICOLOR RAISED FROM EQUALWEIGHT TO OVERWEIGHT AT MORGAN STANLEY
*VEOLIA RAISED TO BUY VS NEUTRAL AT BOFAML
>>> Down
*EUTELSAT CUT TO UNDERWEIGHT AT BARCLAYS
*KUKA CUT TO NEUTRAL VS BUY AT UBS
*OUTOTEC CUT TO SELL VS NEUTRAL AT UBS
*SONOVA CUT TO NEUTRAL VS BUY AT UBS
>>> PT Change
*REMY COINTREAU PT SET AT EU84 AT CREDIT SUISSE
>>> Initiation
*FORTERRA RATED NEW BUY AT CITI, PT 244P
*FORTERRA RATED NEW OUTPERFORM AT CREDIT SUISSE; PT 204P
*PHILIPS LIGHTING NV RATED NEW UNDERPERFORM AT JEFFERIES
*PREMIER INC RATED NEW OVERWEIGHT AT BARCLAYS
*REMY COINTREAU RATED NEW OUTPERFORM AT CREDIT SUISSE
*SAGE RATED NEW BUY AT LIBERUM; PT 660P
>>> Call