>>> Up
*BETFAIR RAISED TO BUY VS REDUCE AT NUMIS
*BPOST RAISED TO NEUTRAL VS UNDERWEIGHT AT JPMORGAN
*ENI RAISED TO MARKET PERFORM AT BMO CAPITAL MARKETS
*PADDY POWER RAISED TO BUY VS HOLD AT NUMIS
*PIAGGIO RAISED TO BUY VS NEUTRAL AT CITI
*SVENSKA HANDELSBANKEN RAISED TO BUY AT KEPLER CHEUVREUX
*VERBUND RAISED TO NEUTRAL VS REDUCE AT ODDO
>>> Down
*AMEC FOSTER WHEELER CUT TO NEUTRAL VS BUY AT CITI
*BG GROUP CUT TO MARKET PERFORM AT BMO CAPITAL MARKETS
*CREDIT AGRICOLE CUT TO NEUTRAL VS OUTPERFORM AT MACQUARIE
*FORTUM CUT TO REDUCE VS NEUTRAL AT ODDO
*HENKEL CUT TO UNDERPERFORMM FROM NEUTRAL AT CREDIT SUISSE, PT CUT TO €90 FROM €94
*POSTNL CUT TO NEUTRAL VS OUTPERFORM AT CREDIT SUISSE
*TENARIS CUT TO HOLD VS BUY AT KEPLER CHEUVREUX
>>> PT Change
*DANONE PT RAISED FROM €60 to €63 AT BARCLAYS (Note atatched)
>>> Initiation
>>> Call
>> Sector
*EUROPEAN CONSTRUCTION SECTOR RAISED TO OVERWEIGHT AT UBS
*EUROPEAN AUTOS SECTOR RAISED TO NEUTRAL AT UBS
*TOBACCO SECTOR CUT TO UNDERWEIGHT AT UBS