>>> Up
* Centrica Upgraded to Hold at HSBC; Price Target 90 Pence
* Financiere France BQE Raised to Hold at Kepler Cheuvreux
* Just Eat Upgraded to Neutral at JPMorgan; PT 8 Pounds
* Pearson Upgraded to Buy at Citi
* Qinetiq Upgraded to Buy at Berenberg
* REN Upgraded to Outperform at Mediobanca SpA; PT 2.80 Euros
* Telefonica Deutschland Raised to Outperform at MainFirst
>>> Down
* Daimler Downgraded to Reduce at AlphaValue
* Galapagos Downgraded to Hold at Jefferies; PT 180 Euros
* Galapagos ADRs Downgraded to Hold at Jefferies; PT $201
* Informa Downgraded to Hold at Peel Hunt
* Informa Downgraded to Neutral at Citi
* Klepierre Downgraded to Sell at AlphaValue
* Piaggio Cut to Hold at Kepler Cheuvreux; Price Target 2.80 Euros
* Renault Downgraded to Reduce at AlphaValue
* Wartsila Downgraded to Add at AlphaValue
* Wereldhave Downgraded to Sell at AlphaValue
>>> Initiation
* Balfour Beatty Rated New Hold at Jefferies; PT 2.45 Pounds
>>> Call
* Informa Gets Downgrades at Citi and Peel Hunt on Valuation
* Pearson Has Attractive Valuation Says Citi, Upgrades to Buy