AAL ING: reiterated buy, tp raised to 2700 from 2050
BARC UniCredit: initiated buy, tp 400
CW. Merrill: reiterated neutral, tp cut to 150 from 160
GRI Merrill: upgraded to buy from neutral
HFD Citigroup: reiterated buy, tp raised to 430 from 400
IPR ROTH: upgraded to buy from hold
IRV UBS: downgraded to neutral from buy
LLOY UniCredit: initiated sell, tp 90
RBS UniCredit: initiated hold, tp 46
SIA UBS: reiterated sell
XTA ING: upgraded to buy from hold, tp raised to 1175 from 775