>>> Up
* Auto Trader Upgraded to Hold at Berenberg
* Capita Upgraded to Outperform at RBC; PT 2 Pounds
* Euskaltel Upgraded to Overweight at JPMorgan; PT 9.50 Euros
* Iliad Upgraded to Hold at Santander; PT Set to 191 Euros
* Ingenico Group Upgraded to Overweight at Barclays; PT 91 Euros
* Pets at Home Raised to Equal-weight at Morgan Stanley
* ProSieben Upgraded to Hold at DZ Bank; PT 24.60 Euros
* Randgold ADRs Upgraded to Overweight at JPMorgan; PT $94
* S IMMO Upgraded to Buy at Erste Group; PT 20 Euros
* Telia Upgraded to Buy at Goldman; PT 54 Kronor
* Thales Upgraded to Add at AlphaValue
>>> Down
* Boliden Downgraded to Equal-weight at Barclays; PT 295 Kronor
* KAZ Minerals Downgraded to Neutral at JPMorgan; PT 9.70 Pounds
* MQ Downgraded to Reduce at Kepler Cheuvreux; PT 13 Kronor
* Pets at Home Downgraded to Hold at Berenberg
* Scandic Cut to Hold at SEB Equities; Price Target 98 Kronor
>>> Initiation
* Bank of Cyprus Rated New Outperform at KBW; PT 2.75 Euros
>>> Call