>>> Up
*ABB RAISED TO NEUTRAL VS SELL AT UBS
*ANTOFAGASTA RAISED TO BUY VS SELL AT CITI
*BANKINTER RAISED TO HOLD AT SOCIETE GENERALE
*BARCLAYS RAISED TO HOLD VS SELL AT BERENBERG
*BRISTOL-MYERS SQUIBB RAISED TO BUY VS HOLD AT BERENBERG
*CAIXABANK RAISED TO BUY VS NEUTRAL AT NOMURA
*CAPITAL STAGE RAISED TO OUTPERFORM VS NEUTRAL AT MACQUARIE
*COLTENE RAISED TO OUTPERFORM VS UNDERPERFORM AT CREDIT SUISSE
*HISPANIA ACTIVOS RAISED TO BUY VS NEUTRAL AT GOLDMAN
*HUFVUDSTADEN RAISED TO NEUTRAL VS SELL AT GOLDMAN
*ITV RAISED TO BUY VS NEUTRAL AT CITI
*BIOMERIEUX RAISED TO BUY VS HOLD AT KEPLER CHEUVREUX
*MERLIN PROPERTIES RAISED TO BUY VS NEUTRAL AT GOLDMAN
*PEARSON RAISED TO BUY VS HOLD AT SOCIETE GENERALE
*RANDGOLD RESOURCES RAISED TO BUY AT HSBC
*SAFRAN RAISED TO BUY VS NEUTRAL AT UBS
*TELEFONICA RAISED TO OUTPERFORM VS UNDERPERFORM AT MACQUARIE
*TOPDANMARK RAISED TO NEUTRAL VS SELL AT CITI
*TRYG RAISED TO BUY VS NEUTRAL AT CITI
*TRYG RAISED TO BUY VS HOLD AT BERENBERG
*VIVENDI RAISED TO BUY VS HOLD AT SOCGEN
*WPP RAISED TO BUY VS NEUTRAL AT CITI
>>> Down
*ALKERMES CUT TO UNDERWEIGHT VS OVERWEIGHT:MORGAN STANLEY,PT $35
*AUTO TRADER CUT TO NEUTRAL VS BUY AT CITI
*BLINKX CUT TO NEUTRAL VS BUY AT CITI
*BRITISH LAND CUT TO NEUTRAL VS BUY AT GOLDMAN
*CARILLION CUT TO SECTOR PERFORM VS OUTPERFORM AT RBC
*CASTELLUM CUT TO NEUTRAL VS BUY AT GOLDMAN
*COMDIRECT BANK CUT TO HOLD VS BUY AT BANKHAUS LAMPE
*FABEGE AB CUT TO SELL VS NEUTRAL AT GOLDMAN
*GREAT PORTLAND ESTATES CUT TO SELL VS BUY AT GOLDMAN
*JCDECAUX CUT TO NEUTRAL VS BUY AT CITI
*LEG IMMOBILIEN CUT TO SELL VS NEUTRAL AT GOLDMAN
*SSAB CUT TO SELL VS HOLD AT BERENBERG
*TATNEFT CUT TO SELL VS NEUTRAL AT GOLDMAN
*UBM CUT TO NEUTRAL VS BUY AT CITI
*UNICREDIT CUT TO NEUTRAL VS BUY AT NOMURA
>>> PT Change
>>> Initiation
*NOVARTIS RATED NEW NEUTRAL AT PIPER JAFFRAY
*ROCHE RATED NEW OVERWEIGHT AT PIPER JAFFRAY, PT CHF340
>>> Call
>> Stock
*PSP SWISS PROPERTY EXITS CONVICTION SELL AT GOLDMAN; STILL SELL