>>> Up
* Admiral Raised to Neutral at Citi
* Aker BP Raised to Buy at ABN Amro Bank; PT 150 kroner (+)
* Allianz Raised to Buy at Oddo BHF (+)
* Aptiv Raised to Overweight at Morgan Stanley
* Assa Abloy Raised to Neutral at Exane; PT 210 kronor
* Assa Abloy Raised to Buy at Liberum; PT 220 kronor
* ASR Nederland Raised to Buy at Citi
* Bodycote Raised to Buy at Liberum; PT 760 pence
* Bunzl Raised to Hold at Berenberg
* Carlsberg Raised to Buy at Handelsbanken; PT 900 kroner
* Corbion Raised to Buy at ABN Amro Bank
* Cranswick Raised to Buy at Peel Hunt; PT 4,000 pence
* Danske Bank Raised to Buy at Handelsbanken; PT 105 kroner
* Deutsche Telekom Raised to Buy at New Street Research (+)
* Direct Line Raised to Overweight at Morgan Stanley
* DSM Raised to Market Perform at Bernstein; PT 94 euros (+)
* Dunelm Raised to Outperform at RBC; PT 900 pence
* Elmos Semi Raised to Hold at Hauck & Aufhaeuser; PT 18.50 euros (+)
* E.On Raised to Neutral at JPMorgan; PT 10 euros
* E.On Raised to Buy at MainFirst; PT 11.50 euros
* Epiroc Raised to Neutral at Exane; PT 105 kronor
* Ericsson ADRs Raised to Outperform at Cowen; PT $10
* Galapagos Raised to Buy at Jefferies; PT 210 euros
* Gamma Communications Raised to Buy at Peel Hunt; PT 1,420 pence
* Hannover Re Raised to Neutral at Citi
* Hermes International Raised to Neutral at Goldman; PT 620 euros
* Iliad Raised to Overweight at Barclays; PT 165 euros
* IMI Raised to Hold at Liberum
* IWG Raised to Outperform at RBC
* Klepierre Raised to Hold at Deutsche Bank; PT 23 euros
* Kone Oyj Raised to Buy at Liberum; PT 58 euros
* Legal & General Raised to Buy at Citi
* Legrand Raised to Outperform at Exane; PT 71 euros
* LVMH Raised to Outperform at Telsey; PT 470 euros
* Mediobanca Raised to Buy at Banca Akros (+)
* Micro Focus Raised to Neutral at Citi
* Munich Re Raised to Buy at Citi
* Munich Re Raised to Overweight at Morgan Stanley
* Nexans Raised to Outperform at Exane; PT 42 euros
* Nobina Raised to Buy at Danske Bank Markets; PT 71 kronor (+)
* NOS Raised to Equal-Weight at Barclays; PT 3.80 euros
* On The Beach Raised to Buy at Panmure Gordon; PT 323 pence (+)
* Pihlajalinna Raised to Buy at Inderes; PT 16 euros (+)
* Rentokil Raised to Outperform at RBC
* Sandvik Raised to Buy at Liberum; PT 175 kronor
* Schneider Electric Raised to Outperform at Exane; PT 100 euros
* Schneider Electric Raised to Buy at Liberum; PT 110 euros
* Scor Raised to Buy at Oddo BHF (+°
* SGS Raised to Outperform at RBC
* SKF Raised to Hold at Liberum; PT 155 kronor
* Solar Raised to Buy at Danske Bank Markets; PT 275 kroner (+)
* Tikkurila Raised to Accumulate at Inderes; PT 11.50 euros (+)
* Topdanmark Raised to Neutral at Citi
* Vinci Raised to Buy at Oddo BHF; PT 86 euros (+)
* Volvo Raised to Outperform at Exane; PT 170 kronor
* Zurich Ins. Raised to Overweight at Morgan Stanley
>>> Down
* AB Foods Cut to Underperform at RBC; PT 1,800 pence
* Accor Cut to Sell at Berenberg; PT 24 euros
* Aker BP Cut to Hold at Arctic Securities; PT 115 kroner
* Applus Cut to Hold at Berenberg
* Ashtead Cut to Sell at Berenberg
* Alstom Cut to Neutral at Exane; PT 43 euros
* Aluflexpack Cut to Hold at Raiffeisen Centrobank
* Atos Raised to Buy From Hold by Deutsche Bank PT Cut to EUR80 From EUR85
* Brunello Cucinelli Cut to Hold at Jefferies; PT 30 euros
* Carmila Cut to Reduce at Oddo BHF; PT 12.50 euros (+)
* Cineworld Cut to Neutral at JPMorgan; PT 90 pence
* Deutsche Euroshop PT Cut to 16 euros at Deutsche Bank
* Dixons Carphone Cut to Underperform at RBC; PT 75 pence
* Equinor Cut to Sell at Arctic Securities; PT 85 kroner
* Fugro GDRs Cut to Add at AlphaValue
* Hammerson Cut to Hold at Deutsche Bank; PT 180 pence
* Hera PT Cut to 2.70 euros from 3.20 euros at Citi
* Hilton Worldwide Cut to Sector Perform at RBC; PT $78
* Intertrust PT Cut to 15 euros from 21 euros at Deutsche Bank
* Just Group Cut to Underweight at Morgan Stanley
* Legal & General Cut to Underweight at Morgan Stanley
* Lundin Petroleum Cut to Sell at Arctic Securities
* Marzocchi Pompe Cut to Hold at MainFirst; PT 3.50 euros
* M&G Cut to Underweight at Morgan Stanley
* Melia Hotels Cut to Hold at Berenberg; PT 3.50 euros
* MTU Aero Cut to Sell at AlphaValue
* Norwegian Air Cut to Sell at Danske Bank Markets; PT 2 kroner (+)
* RPS Group Cut to Sector Perform at RBC; PT 45 pence
* Safran Cut to Reduce at AlphaValue
* St James's Place Cut to Equal-Weight at Morgan Stanley
* Saipem Cut to Hold at Jefferies; PT 2.30 euros
* Salvatore Ferragamo Cut to Underperform at Jefferies
* Sampo Cut to Equal-Weight at Morgan Stanley
* Sampo Cut to Add at AlphaValue (+)
* Schindler Cut to Underperform at Exane; PT 230 Swiss francs
* Scor Cut to Underweight at Morgan Stanley
* Scout24 PT Cut to 52 euros from 56 euros at M.M. Warburg (+)
* Seplat Nigeria Cut to Hold at CardinalStone; PT 131.09 pence
* Schaeffler Cut to Hold at Pareto Securities; PT 4.80 euros (+)
* Smith & Nephew Cut to Market Perform at Bernstein
* Smith & Nephew ADRs Cut to Market Perform at Bernstein
* Spectris Cut to Underperform at Exane; PT 2,600 pence
* Spirax Cut to Sell at Shore Capital (+)
* Stadler Rail Cut to Underperform at Exane; PT 44 Swiss francs
* Subsea 7 Cut to Underperform at Jefferies; PT 40 kroner
* Unibail-Rodamco-Westfield Target Price Cut 19% to A$7.94/Share by Macquarie
* Unibail-Rodamco-Westfield Target Cut to EUR79 From EUR147 by Deutsche Bank
* Weir Cut to Neutral at Exane; PT 750 pence
>>> Initiation
>>> Call
* Boliden Seen Underperforming After Tara Production Shutdown: MS
* Danske Upgraded, Strong Progress Supports Shares: Handelsbanken (+)
* Ferragamo, Cucinelli Cut at Jefferies Amid Virus ‘Maelstrom’
* Good Plays and ‘Landmines’ in EU Business Services: Berenberg
* LVMH Coronavirus Guidance is Similar to Kering’s, Bernstein Says
* Retail Trends to Accelerate; RBC Raises Dunelm, Cuts AB Foods