>>> Up
*AFRICA OIL CORP RAISED TO OUTPERFORM AT BMO CAPITAL MARKETS
*ASTRAZENECA RAISED TO BUY VS HOLD AT BERENBERG
*AXEL SPRINGER RAISED TO BUY AT HSBC
*GREAT PORTLAND ESTATES RAISED TO BUY VS NEUTRAL AT GOLDMAN
*K+S RAISED TO HOLD VS SELL AT BERENBERG
*MUNICH RE RAISED TO HOLD VS SELL AT BANKHAUS LAMPE
*OCI RAISED TO OVERWEIGHT VS NEUTRAL AT JPMORGAN
*OPHIR ENERGY RAISED TO BUY VS NEUTRAL AT UBS
>>> Down
*ASHMORE CUT TO HOLD VS ADD AT NUMIS
*ASML CUT TO SELL VS HOLD AT LIBERUM
*BOUYGUES CUT TO UNDERPERFORM AT RBC CAPITAL
*BROOKS MACDONALD CUT TO HOLD VS BUY AT NUMIS
*CASINO CUT TO SELL VS NEUTRAL AT UBS
*JUPITER CUT TO ADD VS BUY AT NUMIS
*POLAR CAPITAL CUT TO REDUCE VS HOLD AT NUMIS
*SHAFTESBURY CUT TO NEUTRAL VS BUY AT GOLDMAN
>>> PT Change
>>> Initiation
*CAPITAL STAGE RATED NEW BUY AT BANKHAUS LAMPE, PT EU8.40
*JIMMY CHOO RATED NEW OVERWEIGHT AT BARCLAYS, PT 208P
*PERNOD RICARD RATED NEW BUY AT MIRABAUD, PT EU135
*PETROCELTIC RATED NEW SECTOR PERFORM AT RBC CAPITAL
*REMY COINTREAU RATED NEW NEUTRAL AT MIRABAUD, PT EU68.30
*TRAVIS PERKINS RATED NEW BUY AT GOLDMAN
*WOLSELEY RATED NEW BUY AT GOLDMAN
>>> Call
>> Stock
*DAETWYLER ADDED TO BAADER-HELVEA TOP PICK LIST; STAYS BUY
* Assa Abloy, Babcock Added to Credit Suisse Europe Top Picks
>>> Research Report Attached
- BARACAP : EUROPEAN MEDIA : Swimming Upstream
- BARCAP : European Telco Services : FX Factor