>>> Up
*GECINA RAISED TO BUY VS HOLD AT SOCIETE GENERALE, PT EU150
*KPN RAISED TO BUY VS NEUTRAL AT GOLDMAN
*MONDI RAISED TO BUY VS NEUTRAL AT UBS
*NLMK RAISED TO BUY VS NEUTRAL AT UBS
*OMV RAISED TO BUY VS HOLD AT SOCGEN
*WINCOR NIXDORF RAISED TO BUY AT WARBURG, PT EU45
>>> Down
*BAYWA CUT TO HOLD FROM BUY AT BANKHAUS LAMPE
*BILFINGER CUT TO SELL VS BUY AT BANKHAUS LAMPE
*BMW CUT TO HOLD VS BUY AT BANKHAUS LAMPE
*DUERR CUT TO HOLD FROM BUY AT BANKHAUS LAMPE
*KLOECKNER CUT TO HOLD FROM BUY AT BANKHAUS LAMPE
*MERLIN ENTERTAINMENTS CUT TO NEUTRAL VS OVERWEIGHT AT JPMORGAN
*SECHE ENVIRONNEMENT CUT TO REDUCE VS HOLD AT KEPLER CHEUVREUX
*TGS NOPEC CUT TO REDUCE VS ACCUMULATE AT FEARNLEY
*VOLKSWAGEN CUT TO HOLD VS BUY AT BANKHAUS LAMPE
>>> PT Change
>>> Initiation
*ASSA ABLOY RATED NEW NEUTRAL AT NOMURA
*BHP RESUMED ADD AT MORGANS; PT A$34.90
*DASSAULT AVIATION RATED NEW NEUTRAL AT JPMORGAN
*EVRAZ RATED NEW SELL AT UBS, PT 170P
*LEGRAND RATED NEW BUY AT NOMURA, PT EU55
*OSRAM RATED NEW REDUCE AT NOMURA, PT EU44
*PHILIPS RATED NEW NEUTRAL AT NOMURA, PT EU26
*RASPADSKAYA RATED NEW SELL AT UBS, PT RUB24
*REXEL RATED NEW NEUTRAL AT NOMURA
*ZUMTOBEL RATED NEW BUY AT NOMURA, PT EU28
>>> Call
>> Stock
*ANIMA HOLDING EXITS UBS MOST PREFERRED LIST