>>> Up
*AENA RAISED TO HOLD VS REDUCE AT HSBC
*DUERR RAISED TO BUY VS HOLD AT BERENBERG
*GOLDEN OCEAN GROUP LTD RAISED TO BUY AT NORDEA
*PHILIPS RAISED TO BUY AT DEUTSCHE BANK
*TDC RAISED TO OUTPERFORM VS NEUTRAL AT CREDIT SUISSE
>>> Down
*BARCLAYS CUT TO HOLD VS BUY AT HSBC
*CAPITA CUT TO SELL AT STIFEL
*FISKARS CUT TO SELL AT NORDEA
*HUNTING CUT TO UNDERPERFORM VS OUTPERFORM AT MACQUARIE
*LUFTHANSA CUT TO REDUCE VS ADD AT ALPHAVALUE
*ROCHE CUT TO HOLD VS BUY AT HSBC
*TRACTEBEL CUT TO NEUTRAL AT JPMORGAN
>>> PT Change
>>> Initiation
*ABB RATED NEW SELL AT DEUTSCHE BANK
*ALSTOM RATED NEW SELL AT DEUTSCHE BANK, PT EU27
*LEGRAND RATED NEW HOLD AT DEUTSCHE BANK, PT EU48
*MOLECULAR PARTNERS RATED NEW OUTPERFORM AT CREDIT SUISSE
*SCHNEIDER ELECTRIC RATED NEW BUY AT DEUTSCHE BANK
*SIEMENS RATED NEW HOLD AT DEUTSCHE BANK, PT EU100
*SKANDINAVISK TOBAKSKOMPA RATED NEW BUY AT NORDEA
*SUEZ ENVIRONNEMENT RATED NEW OUTPERFORM AT MACQUARIE, PT EU19
*VEOLIA RATED NEW NEUTRAL AT MACQUARIE, PT EU22
*VONOVIA RATED NEW NEUTRAL AT UBS, PT EU32.50
>>> Call
>> Stock
*ELIOR REMOVED FROM EUROPEAN ANALYST FOCUS LIST AT JPMORGAN
*RENAULT ADDED TO HSBC EUROPE SUPER 10 PORTFOLIO; RANDSTAD EXITS
*SSP ADDED TO EUROPEAN ANALYST FOCUS LIST AT JPMORGAN
>> Country
*U.K. EQUITIES RAISED TO NEUTRAL AT HSBC