>>> Up
*BAT Raised to Overweight at Morgan Stanley
*BAE Raised to Overweight at Morgan Stanley, PT 630p
* Dixons Carphone Raised to Equal-Weight at Morgan Stanley
*Imerys Raised to Buy at AlphaValue
* Shell Raised to Overweight at JPMorgan
*Statoil Raised to Overweight at JPMorgan
*SYDBANK RAISED TO BUY AT NORDEA
>>> Down
*Eni Cut to Underweight at JPMorgan
*Galp Cut to Neutral at JPMorgan
*ISS CUT TO HOLD AT NORDEA
*Next Cut to Underperform at Credit Suisse, PT 4600p
* Repsol Cut to Underweight at JPMorgan
* Saras Cut to Equal Weight at Barclays
* Total Cut to Neutral at JPMorgan
>>> PT Change
>>> Initiation
*Cineworld Group Rated New Buy at HSBC, PT 720p
* Nets Rated New Neutral at UBS, PT DKK140
* Nets Rated New Overweight at Morgan Stanley, PT DKK160
* Nets Rated New Buy at Deutsche Bank, PT DKK150
>>> Call
>> Stock
*SHIRE ADDED TO EUROPE 1 LIST AT BOFAML