>>> Up
*Amundi Raised to Overweight at JPMorgan, PT EU75
*Bauer Raised to Buy at Kepler Cheuvreux, PT EU25
*Bureau Veritas Raised to Overweight at Morgan Stanley
*Direct Line Raised to Outperform at Credit Suisse
*Kingfisher Raised to Overweight at Morgan Stanley, PT 380p
*Stora Enso Raised to Buy at Jefferies, PT EU13.50
*Valora Raised to Outperform at Credit Suisse
>>> Down
*Atea Cut to Sell at DNB Markets, PT NOK100
*Covestro PT lower at Barcalys - still Equalweight
*Esure Cut to Neutral at Credit Suisse
*Marks & Spencer Cut to Sell at SocGen, PT 301p
*Palfinger Cut to Hold at Kepler Cheuvreux, PT EU40
*Renewables Infrastructure Cut to Hold at Jefferies
*Schaeffler Cut to Hold at Jefferies, PT EU12
*Telenor Cut to Reduce at Swedbank, PT NOK140
>>> Initiation
*Alfa Financial Software Holdings New Equal-weight at Barclays
*Altice USA New Buy at Guggenheim, PT $38
*Bankia New Underperform at RBC, PT EU4.10
*Bankinter New Sector Perform at RBC, PT EU8.20
*Zalando New Buy at SocGen, PT EU67
>>> Call