>>> Up
*ARKEMA RAISED TO BUY AT HSBC
*EDP RAISED TO HOLD AT SOCIETE GENERALE
*ERICSSON RAISED TO BUY VS HOLD AT LIBERUM
*EVONIK INDUSTRIES AG RAISED TO BUY AT HSBC
*G4S RAISED TO HOLD AT HSBC
*JYSKE BANK RAISED TO BUY AT NORDEA
*POUNDLAND RAISED TO BUY AT HSBC
*RBS RAISED TO SECTOR PERFORM VS UNDERPERFORM AT RBC
*UCB RAISED TO OVERWEIGHT VS EQUALWEIGHT AT MORGAN STANLEY
*UNILEVER RAISED TO BUY VS HOLD AT BERENBERG
>>> Down
*AGGREKO CUT TO REDUCE AT HSBC
*AIRTAC INTERNATIONAL CUT TO HOLD AT HSBC
>>> PT Change
*SPIRE HEALTHCARE PT SET AT 363P AT MORGAN STANLEY
>>> Initiation
*AEGON ASSUMED AT OVERWEIGHT AT MORGAN STANLEY; PT EU6.4
*ALFA LAVAL RATED NEW REDUCE AT NOMURA; PT SEK123
*CNH INDUSTRIAL NV RATED NEW UNDERWEIGHT AT BARCLAYS
*DELTA LLOYD ASSUMED AT EQUALWEIGHT AT MORGAN STANLEY; PT EU8.9
*DRAX RATED NEW OVERWEIGHT AT BARCLAYS, PT 380P
*GEA GROUP RATED NEW BUY AT NOMURA; PT EU37
*JACQUET METAL SERVICE RATED NEW HOLD AT SOCIETE GENERALE
*JCDECAUX RATED NEW BUY AT JEFFERIES
*POLYMETAL RATED NEW UNDERPERFORM AT JEFFERIES; PT 470P
*RANDGOLD RATED NEW HOLD AT JEFFERIES; PT 4,000P
*SPIRE HEALTHCARE RESUMED AT EQUALWEIGHT AT MORGAN STANLEY
*STROEER SE RATED NEW BUY AT JEFFERIES
>>> Call
>> Country
*GERMAN EQUITIES CUT TO BENCHMARK AT CREDIT SUISSE
*SPANISH EQUITIES RAISED TO OVERWEIGHT AT CREDIT SUISSE
>> Stock
*BANKIA REPLACES DANSKE AMONG MORGAN STANLEY PREFERRED NAMES
*RBS REPLACES BARCLAYS AMONG MORGAN STANLEY PREFERRED NAMES