>>> Up
*ACS RAISED TO OVERWEIGHT VS EQUALWEIGHT AT MORGAN STANLEY
*ASOS RAISED TO BUY VS HOLD AT LIBERUM
*COLONIAL RAISED TO OVERWEIGHT VS EQUALWEIGHT AT MORGAN STANLEY
*ENQUEST RAISED TO OUTPERFORM AT RBC CAPITAL
*FONCIERE DES REGIONS RAISED TO BUY VS HOLD AT SOCIETE GENERALE
*IGD RAISED TO BUY VS HOLD AT SOCIETE GENERALE
*INTU PROPERTIES RAISED TO HOLD VS SELL AT SOCIETE GENERALE
*KAZ MINERALS RAISED TO NEUTRAL VS SELL AT GOLDMAN SACHS
*L’OREAL RAISED TO BUY AT SOCIETE GENERALE
*MERCIALYS RAISED TO BUY VS HOLD AT SOCGEN, PT EU22
*NEXT RAISED TO BUY VS NEUTRAL AT NOMURA
*SWISSCOM RAISED TO HOLD VS SELL AT BERENBERG
*TATE & LYLE RAISED TO BUY VS SELL AT LIBERUM
>>> Down
*ASPEN PHARMACARE CUT TO HOLD AT JEFFERIES
*BUZZI UNICEM CUT TO EQUAL-WEIGHT VS OVERWEIGHT: MORGAN STANLEY
*EDF CUT TO REDUCE VS HOLD AT HSBC
*ELRINGKLINGER CUT TO NEUTRAL FROM OUTPERFORM AT EXANE; PT EU19
*EUROCOMMERCIAL PROPERTIES CUT TO HOLD VS BUY AT SOCGEN
*FONCIERE DES MURS CUT TO SELL VS HOLD AT SOCGEN, PT EU21
*PREMIER FARNELL CUT TO SELL VS NEUTRAL AT CITI
*VINCI SA CUT TO EQUAL-WEIGHT VS OVERWEIGHT AT MORGAN STANLEY
*VOLKSWAGEN CUT TO SELL FROM HOLD AT BANKHAUS LAMPE
*WOLSELEY CUT TO UNDERWEIGHT VS EQUAL-WEIGHT: MORGAN STANLEY
>>> PT Change
>>> Initiation
*CAMPARI RATED NEW MARKET PERFORM AT BERNSTEIN; PT EU7.5
*CRH RESUMED AT EQUALWEIGHT AT MORGAN STANLEY; PT EU25.75
*MOSS BROS RATED NEW BUY AT LIBERUM; PT 115P
*QUALICORP SA RATED NEW OVERWEIGHT AT JPMORGAN
*SWEDEN’S SCA RATED NEW HOLD AT JEFFERIES
*ZURICH INSURANCE REINSTATED NEUTRAL AT GOLDMAN, PT CHF280
>>> Call
>> Macro
*CITI CUTS 2016 GLOBAL GROWTH FORECAST TO 2.9% FROM 3.1%
*CITI CUTS 2015 GLOBAL GROWTH FORECAST TO 2.6% FROM 2.7%