>>> Up
* Deutsche Telekom Raised to Overweight at Morgan Stanley
* De' Longhi Upgraded to Buy at Berenberg
* LafargeHolcim Upgraded to Buy at DZ Bank; PT 56.50 Francs
* Mondi Upgraded to Outperform at Credit Suisse; PT 23.45 Pounds
* MTU Aero Upgraded to Buy at Berenberg
* Mylan Upgraded to Overweight at Morgan Stanley; PT $50
* Petrofac Upgraded to Buy at Jefferies; Price Target 6 Pounds
* Plastic Omnium Upgraded to Buy at Invest Securities; PT 48 Euros
* Sartorius Stedim Upgraded to Add at AlphaValue
* Siemens Upgraded to Buy at Nord/LB; Price Target 125 Euros
* UPS Upgraded to Buy at Stifel; PT $121
* va-Q-tec Upgraded to Outperform at MainFirst; PT 19 Euros
>>> Down
* Adecco Downgraded to Hold at ABN Amro Bank
* DNB Downgraded to Neutral at JPMorgan; PT 165 Kroner
* General Mills Downgraded to Hold at Gabelli
* Glanbia Downgraded to Hold at Jefferies; PT 15.15 Euros
* Travis Perkins Downgraded to Hold at Jefferies; PT 13.80 Pounds
>>> Initiation
>>> Call