AAL BofA: upgraded to buy from underperform
AAL Investec: downgraded to sell from hold, tp reiterated 1500
AV. Citigroup: upgraded to hold from sell, tp raised to 350 from 210
BLT Citigroup: upgraded to buy from hold, tp raised to 1730 from 1600
BRBY Morgan Stanley: upgraded to overweight from equalweight, tp raised to 465 from 431
HMV HSBC: downgraded to neutral from overweight
IMG Jeffries: upgraded to hold from underperform
JDW Morgan Stanley: upgraded to overweight from underweight, tp raised to 480 from 440
LGEN SocGen: downgraded to sell from hold
RIO Citigroup: reiterated buy, tp cut to 2810 from 2974
RIO ING: upgraded to buy from hold, tp reiterated 2095
SGRO SocGen: upgraded to hold from sell