>>> Up
* Accenture Upgraded to Overweight at Morgan Stanley
* Countryside Upgraded to Overweight at Barclays; PT 3.79 Pounds
* Dassault Systemes Upgraded to Neutral at MainFirst; PT 105 Euros
* Informa Upgraded to Overweight at Morgan Stanley
* Kone Upgraded to Reduce at AlphaValue
* Norwegian Cruise Upgraded to Overweight at JPMorgan; PT $70
* Standard Chartered Upgraded to Buy at Berenberg
* Tele2 Upgraded to Buy at New Street Research; PT 119 Kronor
* Vedanta Upgraded to Overweight at JPMorgan; PT 10 Pounds
* Zardoya Upgraded to Reduce at AlphaValue
>>> Down
* Atea Downgraded to Neutral at SpareBank; Price Target 120 Kroner
* Beni Stabili SpA SIIQ Cut to Neutral at MedioBanca; PT 78 Cents
* Deutsche Bank Downgraded to Sell at AlphaValue
* Hexpol Downgraded to Sell at DNB Markets; PT 65 Kronor
* Leonardo Downgraded to Reduce at AlphaValue
* Metso Downgraded to Sell at ABG; PT 25 Euros
* Oriflame Cut to Sell at DNB Markets; Price Target 331 Kronor
* Philips Lighting Cut to Equal-weight at Barclays; PT 33 Euros
>>> Initiation
* Polymetal Rated New Buy at Renaissance Capital; PT 10 Pounds