BG. Goldman: upgraded to buy from neutral, tp 1390
BNZL Merrill: downgraded to neutral from buy, tp cut to 550 from 780
BVIC Citigroup: reiterated buy, tp raised to 360 from 350
FCAM RBS: downgraded to add from buy
HGI Citigroup: reiterated sell, tp raised to 85 from 75
HSBA Morgan Stanley: resumed equalweight
NWG Morgan Stanley: reiterated equalweight, tp raised to 270 from 260
PNN Morgan Stanley: reiterated equalweight, tp cut to 470 from 520
RDSB Goldman: buy, tp 2350
SVT Morgan Stanley: downgraded to underweight from equalweight, tp cut to 1230 from 1315

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