>>> Up
*LEGRAND RAISED TO BUY VS NEUTRAL AT UBS
*LLOYDS RAISED TO BUY AT HSBC
*MEDIASET ESPANA RAISED TO OVERWEIGHT VS NEUTRAL AT JPMORGAN
*METSO RAISED TO NEUTRAL VS SELL AT UBS
*NESTE RAISED TO EQUALWEIGHT VS UNDERWEIGHT AT BARCLAYS
*SARAS RAISED TO OVERWEIGHT VS UNDERWEIGHT AT BARCLAYS
*SCHNEIDER ELECTRIC RAISED TO NEUTRAL VS SELL AT UBS
*TELE2 RAISED TO BUY VS NEUTRAL AT CITI
*TELEFONICA DEUTSCHLAND RAISED TO HOLD VS SELL AT BANKHAUS LAMPE
*TF1 RAISED TO OVERWEIGHT VS NEUTRAL AT JPMORGAN
>>> Down
*BETFAIR CUT TO SELL VS REDUCE AT NUMIS
*FALKLAND OIL & GAS CUT TO MARKET PERFORM AT BMO CAPITAL MARKETS
*GLAXOSMITHKLINE CUT TO EQUALWEIGHT AT MORGAN STANLEY
*HELLENIC PETROLEUM CUT TO UNDERWEIGHT VS EQUALWEIGHT: BARCLAYS
>>> PT change
>>> Initiation
*AB FOODS RATED NEW BUY AT HSBC
*ALPHA BANK, PIRAEUS RESUMED AT NEUTRAL AT MEDIOBANCA
*EUROBANK, NBG RESUMED AT OUTPERFORM AT MEDIOBANCA
>>> Call
>> Stock
*JYSKE BANK REPLACES GEA ON CITI SMID KEY BUYS LIST
>> Sector
*EUROPE UTILITIES SECTOR CUT TO UNDERWEIGHT VS NEUTRAL AT SOCGEN
*EUROPE METALS & MINING SECTOR CUT TO NEUTRAL AT SOCGEN
*EUROPE OIL & GAS SECTOR RAISED TO NEUTRAL AT SOCGEN
*EUROPEAN REFINING SECTOR RAISED TO NEUTRAL AT BARCLAYS
*EUROPE FOOD PRODUCTS SECTOR RAISED TO NEUTRAL AT SOCGEN
*EU SOFTWARE & SERVICES SECTOR RAISED TO OVERWEIGHT AT SOCGEN