>>> Up
*ARCELORMITTAL RAISED TO OUTPERFORM VS NEUTRAL AT CREDIT SUISSE
*AXA RAISED TO OVERWEIGHT VS NEUTRAL AT JPMORGAN
*CNOVA RAISED TO OVERWEIGHT VS NEUTRAL AT JPMORGAN
*COBHAM RAISED TO OVERWEIGHT VS EQUALWEIGHT AT BARCLAYS
*EURONEXT NV RAISED TO BUY, ADDED TO CONVICTION LIST: GOLDMAN
*PLA ADMINISTRADORA RAISED TO OVERWEIGHT AT JPMORGAN
*SARTORIUS RAISED TO BUY VS HOLD AT HSBC
*VESTA RAISED TO OVERWEIGHT AT JPMORGAN
>>> Down
*ALLIANZ CUT TO NEUTRAL VS OVERWEIGHT AT JPMORGAN
*APARTMENT INVESTMENT CUT TO NEUTRAL AT ROBERT BAIRD
*AUTOLIV INC. CUT TO UNDERPERFORM AT RBC CAPITAL
*GN STORE NORD CUT TO HOLD VS BUY AT HSBC
*INDITEX CUT TO UNDERWEIGHT VS EQUALWEIGHT AT BARCLAYS
>>> PT Change
>>> Initiation
*AXACTOR RATED NEW BUY AT DNB MARKETS, PT NOK3
*B&M RATED NEW BUY AT LIBERUM, PT 300P
*CELLNEX RATED NEW BUY AT JEFFERIES, PT EU16
*DIXONS CARPHONE RATED NEW BUY AT LIBERUM, PT 510P
*EI TOWERS RATED NEW HOLD AT JEFFERIES, PT EU55
*H&M RATED NEW HOLD AT LIBERUM, PT SEK275
*INDITEX RATED NEW BUY AT LIBERUM, PT EU37
*LVMH RATED NEW HOLD AT LIBERUM, PT EU150
*MARKS & SPENCER RATED NEW SELL AT LIBERUM, PT 350P
*POUNDLAND RATED NEW HOLD AT LIBERUM, PT 160P
*RAI WAY RATED NEW HOLD AT JEFFERIES, PT EU5
*SCHAEFFLER RATED BUY AT HSBC, PT EU18; WAS RESTRICTED
>>> Call
*INCHCAPE ADDED TO EUROPEAN ANALYST FOCUS LIST AT JPMORGAN