>>> Up
* Bucher Upgraded to Buy at Kepler Cheuvreux; PT 450 Francs
* Duerr Upgraded to Hold at Bankhaus Metzler
* Faes Farma Upgraded to Market Perform at BBVA; PT 3.51 Euros
>>> Down
* 888 Downgraded to Sell at Investec; Price Target 2.70 Pounds
* Dr Hoenle Downgraded to Hold at M.M. Warburg
* Euronext Downgraded to Sell at UBS; PT Set to 51 Euros
* Focus Home Interactive Cut to Hold at Portzamparc
* Grand City Properties Cut to Hold at DZ Bank; PT 22.50 Euros
* Grainger Downgraded to Hold at Stifel; PT 3.32 Pounds
* Halfords Downgraded to Hold at N+1 Singer; Price Target 4 Pounds
* IAG Downgraded to Reduce at HSBC; PT 5.90 Pounds
* Iberdrola Downgraded to Hold at HSBC; PT 6.80 Euros
* Sanofi Downgraded to Add at AlphaValue
* TAG Immobilien Downgraded to Hold at Bankhaus Lampe
* Weir Downgraded to Neutral at Exane (Earlier)
>>> Initiation
* Accentro Real Estate Rated New Buy at SRC Research; PT 13 Euros
* Computacenter Rated New Buy at Stifel; PT 17.40 Pounds
* Elementis Rated New Buy at HSBC; PT 3.30 Pounds
* Raiffeisen Reinstated Underweight at Morgan Stanley; PT 29 Euros
* Victrex Rated New Hold at HSBC; PT 26.50 Pounds
>>> Call