Cambio de ratings

Fecha	Valor	Broker	Recomendación	Precio objetivo
11/05/2012	ENDESA	Societe Generale	MANTENER	-

11/05/2012	IBERDROLA	Natixis	NEUTRAL	3.80 EUR
	(vs.5)
11/05/2012	TELECOM ITALIA	Deutsche Bank Securities	COMPRAR	1.20 EUR

11/05/2012	ELECTRICITE DE FRANCE	UBS	NEUTRAL	17.00 EUR
	(vs.18,5)
11/05/2012	SANOFI	Societe Generale	COMPRAR	69.00 EUR
	inicia cobertura en
11/05/2012	EUTELSAT COMMUNICATIONS	Nomura	NEUTRAL	32.50 EUR
	(vs.36)
11/05/2012	DEUTSCHE LUFTHANSA NAMEN	Alphavalue	VENDER	6.70 EUR
	(vs.8,6)
11/05/2012	EASYJET	Oddo	COMPRAR	615.00 pen
	(vs.577)
11/05/2012	HENNES & MAURITZ B	UBS	COMPRAR	-

11/05/2012	ARCELORMITTAL	ING	COMPRAR	16.00 EUR

10/05/2012	IBERDROLA	Bankinter	NEUTRAL	-

10/05/2012	IBERDROLA	Citi	COMPRAR	4.70 EUR

10/05/2012	CENTURYLINK	Hudson Square Research	COMPRAR	45.00 USD
	(vs. 43).
10/05/2012	CISCO SYSTEMS	FBR Capital	SOBREPONDERAR	20.00 USD
	(vs. 22,50).
10/05/2012	CISCO SYSTEMS	Stifel Nicolaus	COMPRAR	23.00 USD
	(vs. 24).
10/05/2012	MARATHON PETROLEUM	Bank of America Merrill Lynch	NEUTRAL	-

10/05/2012	TESORO	Bank of America Merrill Lynch	COMPRAR	-

10/05/2012	BIG LOTS	Barclays	SOBREPONDERAR	-

10/05/2012	SAINSBURY(J)	Nomura	NEUTRAL	300.00 pen

10/05/2012	COMMERZBANK	Nomura	NEUTRAL	1.70 EUR

10/05/2012	KLOECKNER & CO	Nomura	INFRAPONDERAR	9.50 EUR
	(vs.11)
10/05/2012	CISCO SYSTEMS	Nomura	COMPRAR	22.00 USD
	(vs.24
10/05/2012	CARLSBERG B	Nomura	COMPRAR	-

10/05/2012	MEDIOBANCA	Nomura	NEUTRAL	4.50 EUR
	(vs.5,50)
10/05/2012	JC DECAUX	JP Morgan	NEUTRAL	-