>>> Up
*ASHFORD HOSPITALITY PRIME UPGRADED TO NEUTRAL AT ROBERT BAIRD
*CEGEDIM RAISED TO BUY VS HOLD AT KEPLER CHEUVREUX
*CIELO RAISED TO NEUTRAL VS SELL AT GOLDMAN
*KUKA RAISED TO HOLD AT KEPLER CHEUVREUX
*STRATEC BIOMEDICAL RAISED TO BUY VS HOLD AT HSBC
*VEOLIA ENVIRONNEMENT RAISED TO OUTPERFORM AT RBC CAPITAL
>>> Down
*GRUPO AVAL CUT TO NEUTRAL VS BUY AT GOLDMAN
*HALYK BANK CUT TO NEUTRAL VS BUY AT CITI
*MAISONS FRANCE CONFORT CUT TO HOLD VS BUY AT SOCGEN
*NOVARTIS CUT TO NEUTRAL VS BUY AT CITI
*PERNOD CUT TO NEUTRAL VS BUY AT UBS, REMOVED FROM UBS KEY CALLS LIST
*SAFT CUT TO HOLD VS BUY AT HSBC
*SYNTHOMER CUT TO HOLD VS BUY AT BERENBERG
>>> PT Change
>>> Initiation
>>> Call
>> Stock
*NN GROUP ADDED TO HSBC EUROPE SUPER 10 PORTFOLIO
*PERNOD REMOVED FROM UBS KEY CALLS LIST
*PRUDENTIAL EXITS HSBC EUROPE SUPER 10 PORTFOLIO