>>> Up
*Banco BPM Raised to Overweight at Barclays
*BMW Raised to Hold at HSBC, PT EU85
*Credit Agricole Raised to Add at AlphaValue
*EasyJet Raised to Sector Perform at RBC, PT 1,325p
*LafargeHolcim Raised to Outperform at Bernstein, PT EU59
*Saipem Raised to Add at AlphaValue
*SocGen Raised to Add at AlphaValue
>>> Down
*ACS Cut to Equal-weight at Morgan Stanley, PT EU36
*Aryzta Cut to Hold at SocGen, PT CHF36
*Julius Baer Cut to Neutral at MedioBanca, PT CHF52
*Lonmin Cut to Sell at Citi, PT 95p
*UCB Cut to Neutral at Citi, PT EU65
>>> Initiation
>>> Call