Italcementi (ITAI.MI) Morgan Stanley Cuts price target to
14 euros
from 16.60 euros;
keeps equal
weight rating
---------------------------------------------------------------
------------ John Wood Group (WG.L) JP Morgan Raises
to neutral from underweight
---------------------------------------------------------------
------------ Klepierre (LOIM.PA) UBS Cuts
price target to 35.50 euros
from 38.50 euros;
keeps neutral
rating
---------------------------------------------------------------
------------ McBride (MCB.L) Dresdner Raises
to buy from hold
---------------------------------------------------------------
------------ Merck KGaA (MRCG.DE) Dresdner Cuts to
hold from buy
---------------------------------------------------------------
------------ Michael Page (MPI.L) UBS Cuts
price target to 230p from
250p; rating sell
---------------------------------------------------------------
------------ Misys (MSY.L) Jefferies Raises
to buy from hold
---------------------------------------------------------------
------------ N Brown Group (BWNG.L) Credit Suisse Cuts
price target to 270p from 320p
---------------------------------------------------------------
------------ NCC (NCCb.ST) Cheuvreux
Re-initiates with underperform
rating and target
price of Sek 79
---------------------------------------------------------------
------------ Next Plc (NXT.L) HSBC Cuts
price target to 1100p from
1280p; keeps neutral
rating
---------------------------------------------------------------
------------ Northgate (NTG.L) Altium Cuts
price target to 400p from
450p; rating buy
Citigroup Cuts price target to
360p from
640p; rating hold
----------------------------------------------------------------
----------- Osterreichische Post Raiffeisen Raises to
buy from hold
(POST.VI)
----------------------------------------------------------------
----------- Paragon Group (PARA.L) Landsbanki Raises to
buy from hold
Citigroup Cuts price target to
20p from
30p; rating hold
---------------------------------------------------------------
------------ Premier Foods (PFD.L) Goldman Sachs Cuts
price target to 110p from
125p; keeps neutral
rating
---------------------------------------------------------------
------------ Randstad (RAND.AS) UBS Cuts
price target to 28 euros
from 35 euros; rating
buy
---------------------------------------------------------------
------------ SBM Offshore (SBMO.AS) JP Morgan Raises
price target to 26 euros
from 23.5 euros;
rating neutral
UBS Cuts price target to
30 euros
from 33 euros; rating
buy
---------------------------------------------------------------
------------ SKF (SKFb.ST) Cheuvreux Cuts
price target to 115 Sek from
130 Sek
---------------------------------------------------------------
------------ Southern Cross UBS Cuts
price target to 235p from
Health Care (SCHE.L) 690p; keeps buy
rating
---------------------------------------------------------------
------------ Sponda (SDA1V.HE) ABN AMRO Cuts to
hold from buy
---------------------------------------------------------------
------------ Subsea 7 (SUB.OL) JP Morgan Raises
price target to 160 Nok
from 145 Nok; rating
overweight
---------------------------------------------------------------
------------ Technip (TECF.PA) JP Morgan Raises
to overweight from
underweight
UBS Raises to neutral
from sell
---------------------------------------------------------------
------------ Tekfen Holding Credit Suisse Starts
with outperform rating;
(TKFEN.IS) price target of Ytl
13.6
---------------------------------------------------------------
------------ Theolia (TEO.PA) Exane BNP Paribas
Initiates coverage with
underperfrom rating
---------------------------------------------------------------
------------ TomTom (TOM2.AS) Dresdner Cuts
price target to 19 euros
from 23 euros; rating
hold
---------------------------------------------------------------
------------ Travis Perkins (TPK.L) HSBC Cuts
price target to 1320p from
1380p; keeps
overweight rating
---------------------------------------------------------------
------------ Trelleborg (TRELb.ST) Cheuvreux Cuts
price target to 115 Sek
from 145 Sek
---------------------------------------------------------------
------------ Trinity Mirror (TNI.L) Lehman Cuts
price target to 160p from
290p; rating
underweight
ABN AMRO Raises to hold from
sell
---------------------------------------------------------------
------------ USG People (USGP.AS) UBS Cuts
price target to 12.5 euros
from 16 euros; rating
neutral
---------------------------------------------------------------
------------ Vopak (VOPA.AS) Petercam Cuts to
sell from hold
---------------------------------------------------------------
------------ WH Smith (SMWH.L) HSBC Cuts
price target to 300p from
330p; keeps
underweight rating
---------------------------------------------------------------
------------ Zumtobel (ZUMV.VI) UBS Cuts
price target to 16 euros from
23 euros; keeps
neutral rating
---------------------------------------------------------------
------------ ((Compiled by Ramya Dilip; Bangalore Equities
Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780))
