>>> Up
*BASF RAISED TO BUY AT KEPLER CHEUVREUX
*IPSEN RAISED TO BUY AT JEFFERIES
*ROYAL MAIL RAISED TO NEUTRAL VS UNDERPERFORM AT CREDIT SUISSE
*SAIPEM RAISED TO HOLD AT SOCIETE GENERALE
*SECHE ENVIRONNEMENT RAISED TO BUY VS REDUCE AT KEPLER CHEUVREUX
*SMITHS GROUP RAISED TO OUTPERFORM VS NEUTRAL AT CREDIT SUISSE
*SSAB AB RAISED TO SECTOR PERFORM VS UNDERPERFORM AT RBC
*TECNICAS REUNIDAS RAISED TO OVERWEIGHT AT BARCLAYS
*TUI RAISED TO OVERWEIGHT VS NEUTRAL AT JPMORGAN
*XAAR RAISED TO BUY VS HOLD AT PEEL HUNT
>>> Down
*ABERDEEN ASSET MANAGEMENT CUT TO SELL VS NEUTRAL AT CITI
*CLOSE BROTHERS CUT TO UNDERPERFORM AT RBC CAPITAL
*INDRA CUT TO REDUCE AT KEPLER CHEUVREUX
*MAGNIT CUT TO UNDERPERFORM AT CREDIT SUISSE
*MEDIDATA SOLUTIONS CUT TO UNDERPERFORM VS HOLD AT JEFFERIES
*PORSCHE CUT TO ADD VS BUY AT ALPHAVALUE
*SODEXO CUT TO SELL VS HOLD AT BERENBERG
*STATOIL CUT TO HOLD VS BUY AT ARCTIC SECURITIES
*THOMAS COOK CUT TO NEUTRAL VS OVERWEIGHT AT JPMORGAN
*UCB CUT TO EQUALWEIGHT AT BARCLAYS
>>> PT Change
>>> Initiation
*BANZAI RATED NEW OUTPERFORM AT MEDIOBANCA; PT EU5.65
*BME RATED NEW EQUALWEIGHT AT BARCLAYS, PT EU32
*EURONEXT RATED NEW OVERWEIGHT AT BARCLAYS, PT EU44
*HOSTELWORLD RATED NEW SELL AT BERENBERG; PT 230P
*ON THE BEACH RATED NEW BUY AT BERENBERG; PT 335P
*PREMIER FOODS RESUMED AT BUY VS RESTRICTED AT JEFFERIES
>>> Call
>> Stock
*CAPITAL STAGE ADDED TO BANKHAUS LAMPE ALPHA LIST
*DIALOG SEMI ADDED TO BANKHAUS LAMPE ALPHA LIST
*PIAGGIO, UBI REMOVED FROM SHORT STOCKS AT MEDIOBANCA
*FERRAGAMO, INTESA SET AS NEW SHORTS AT MEDIOBANCA
*AUTOGRILL, IREN, SIAS REMOVED FROM LONG STOCKS AT MEDIOBANCA
*POP. EMILIA, CERVED, FINMECCANICA SET AS MEDIOBANCA NEW LONGS