>>> Up
* Eramet Upgraded to Add at AlphaValue
* Mapfre Upgraded to Overweight at JPMorgan; PT 3.30 Euros
>>> Down
* Baloise Downgraded to Underweight at JPMorgan; PT 151 Francs
* Iliad Cut to Underweight on Weaker Growth: Morgan Stanley
* Metro AG Downgraded to Hold at Baader-Helvea
* Metro AG Downgraded to Reduce at HSBC; PT 10 Euros
* Reckitt Benckiser Downgraded to Market Perform at Raymond James
>>> Initiation
* Anima Resumed at MedioBanca With Outperform
* Intu Resumed at Morgan Stanley With Equal-weight; PT 2.20 Pounds
* RSA Rated New Hold at Jefferies; PT 6 Pounds
>>> Call