>>> Up
*Hamburger Hafen Raised to Buy at HSBC, PT EU24
*Vivendi Raised to Outperform at MainFirst, PT EU22.50
>>> Down
*Abertis Cut to Market Perform at Raymond James
*Alma Media Cut to Reduce at Inderes, PT EU6
*BT Cut to Equal-weight at Morgan Stanley, PT 350p
*Bunzl Cut to Hold at HSBC, PT GBP25.08
*Drillisch Cut to Sell at Citi
*ITV Cut to Hold at HSBC, PT GBP2.15
*JM Cut to Sell at DNB Markets, PT SEK300
*Nicox Cut to Hold at Stifel, PT EU11.80
*Seadrill Cut to Sell at SocGen, PT NOK3.63
>>> Initiation
*Altamir New Buy at Jefferies
*Eurazeo New Hold at Jefferies
*Phoenix New Outperform at RBC, PT 900p
*Richemont Assumed Outperform at Raymond James, PT CHF93
*Wendel New Buy at Jefferies
>>> Call