>>> Up
*AGF MANAGEMENT RAISED TO MARKET PERFORM AT BMO CAPITAL MARKETS
*BAYTEX ENERGY RAISED AT BMO CAPITAL MARKETS
*BW LPG RAISED TO HOLD AT NORDEA
*CLOSE BROTHERS RAISED TO OVERWEIGHT VS EQUALWEIGHT AT BARCLAYS
*DASSAULT SYSTEMES RAISED TO BUY AT HSBC
*DET NORSKE RAISED TO BUY VS NEUTRAL AT UBS
*DIAMOND RESORTS CUT TO NEUTRAL VS BUY AT GOLDMAN
*EIFFAGE RAISED TO OVERWEIGHT AT BARCLAYS
*EFG RAISED TO HOLD AT KEPLER CHEUVREUX
*GAM HOLDING RAISED TO HOLD AT KEPLER CHEUVREUX
*ICAP RAISED TO OVERWEIGHT AT BARCLAYS
*INDRA RAISED TO HOLD AT KEPLER CHEUVREUX
*NEXT RAISED TO BUY VS NEUTRAL AT UBS
*NOKIA RAISED TO BUY VS NEUTRAL AT GOLDMAN
*SOCIETE GENERALE RAISED TO BUY AT HSBC
*SOFTWARE RAISED TO BUY AT HSBC
*SSE RAISED TO OUTPERFORM AT RBC CAPITAL
*SWISSCOM RAISED TO BUY AT BOFAML
*TELENOR RAISED TO BUY AT BOFAML
*VINCI RAISED TO OVERWEIGHT AT BARCLAYS
>>> Down
*BANCA SISTEMA CUT TO EQUALWEIGHT VS OVERWEIGHT AT BARCLAYS
*BETSSON CUT TO HOLD AT NORDEA
*BOUYGUES CUT TO UNDERPERFORM VS NEUTRAL AT BOFAML
*EMPIRE CUT TO UNDERWEIGHT AT BARCLAYS
*HENDERSON CUT TO EQUALWEIGHT VS OVERWEIGHT AT BARCLAYS
*IMI CUT TO HOLD AT HSBC
*JUPITER FUND CUT TO EQUALWEIGHT VS OVERWEIGHT AT BARCLAYS
*LIBERTY GLOBAL CUT TO NEUTRAL VS BUY AT BOFAML
*ODFJELL CUT TO HOLD AT NORDEA
*RECKITT BENCKISER CUT TO NEUTRAL AT JPMORGAN
*SHAWBROOK CUT TO EQUALWEIGHT VS OVERWEIGHT AT BARCLAYS
*SOPRA STERIA GROUP CUT TO HOLD AT HSBC
*TEMENOS CUT TO EQUALWEIGHT VS OVERWEIGHT AT BARCLAYS
*TRAVIS PERKINS CUT TO HOLD VS BUY AT BERENBERG
*UBI BANCA CUT TO HOLD AT HSBC
*UNICREDIT CUT TO HOLD AT HSBC
>>> PT Change
>>> Initiation
*BEIERSDORF RATED NEW OUTPERFORM AT MACQUARIE; PT EU89
*BIM RATED NEW BUY AT BERENBERG; PT TRY64.80
*DANONE RATED NEW NEUTRAL AT MACQUARIE; PT EU63
*EUROCASH RATED NEW HOLD AT BERENBERG; PT PLN48.40
*HENKEL RATED NEW NEUTRAL AT MACQUARIE; PT EU110
*JERONIMO MARTINS RATED NEW BUY AT BERENBERG; PT EU15.40
*L’OREAL RATED NEW NEUTRAL AT MACQUARIE; PT EU172
*MIGROS RATED NEW BUY AT BERENBERG; PT TRY22.80
*NESTLE RATED NEW UNDERPERFORM AT MACQUARIE; PT CHF67
*RECKITT BENCKISER RATED NEW OUTPERFORM AT MACQUARIE; PT 7,900P
*UNILEVER RATED NEW OUTPERFORM AT MACQUARIE; PT EU46
*VECTURA REINSTATED BUY AT PEEL HUNT, PT 200P
>>> Call
>> Stock
*ASML ADDED TO CITI FOCUS LIST EUROPE, REPLACES CAP GEMINI
*ASML SET AS TOP PICK AMONG EUROPEAN TECHNOLOGY STOCKS AT CITI