>>> Up
* Atea Upgraded to Hold at DNB Markets; Price Target 111 Kroner
* Bankia Upgraded to Neutral at BPI; PT 3.55 Euros
* Bankinter Upgraded to Buy at BPI; PT 8.95 Euros
* Hunting Upgraded to Outperform at Macquarie; PT 7.90 Pounds
* Lundin Petroleum Raised to Trading Buy at SpareBank
* Ophir Energy Upgraded to Buy at Jefferies; PT 65 Pence
* Pernod Upgraded at RBC on 1Q Sales, Early Signs of Leverage
* Rexel Upgraded to Buy at Kepler Cheuvreux; PT 14 Euros
* Software AG Upgraded to Equal-weight at Barclays; PT 46 Euros
* Tullow Upgraded to Buy at Jefferies; PT 2.90 Pounds
* Valeo Upgraded to Hold at Kepler Cheuvreux; PT 34 Euros
* Volvo Upgraded to Buy at Kepler Cheuvreux; PT 160 Kronor
* Wessanen Upgraded to Buy at ABN Amro Bank
>>> Down
* Cairn Energy Cut to Underperform at Jefferies; PT 1.90 Pounds
* EnQuest Downgraded to Underperform at Jefferies; PT 25 Pence
* Intu Downgraded to Hold at Berenberg; PT 2.10 Pounds
* Lehto Group Downgraded to Hold at SEB Equities; PT 5.80 Euros
* Novartis Downgraded to Hold at Baader Helvea; PT 85 Francs
* Publicis Downgraded to Hold at Liberum; Price Target 65 Euros
>>> Initiation
* F-Secure Reinstated at SEB Equities With Buy; PT 3.75 Euros
>>> Call