>>> Up
*Glencore Raised to Outperform at Macquarie, PT GBP3.85
>>> Down
*Avance Gas Cut to Hold at ABG, PT NOK28
*BBA Aviation Cut to Neutral at Citi, PT 330p
*Deutsche Boerse Cut to Neutral at Macquarie, PT EU87.55
*EDP Cut to Neutral at Macquarie, PT EU3.65
*Intesa Cut to Hold at SocGen, PT EU2.90
*Micron Cut to Neutral at Goldman
*Tod's Cut to Reduce at Kepler Cheuvreux
*UDG Cut to Hold at Berenberg
>>> Initiation
>>> Call
>> Stock
*Arkema Removed From Goldman Conviction List, Rating Kept at Buy
**KBC ADDED TO FOCUS LIST AT CITI
*CREDIT SUISSE EXITS FOCUS LIST AT CITI BECAUSE OF RESTRICTION