>>> Up
* Clarkson Raised to Buy at HSBC; PT 4,000 pence
* Duerr Raised to Buy at Berenberg; PT 53 euros
* Link Mobility Group Holding Raised to Buy at Carnegie
* Maersk Raised to Add at AlphaValue/Baader
* NH Hotel Raised to Add at AlphaValue/Baader
* Norsk Hydro Raised to Buy at Citi
* Phoenix Group Raised to Hold at Peel Hunt; PT 690 pence
>>> Down
* BFF Bank Cut to Neutral at Exane; PT 8 euros
* Carl Zeiss Meditec Cut to Reduce at HSBC; PT 164 euros
* Meggitt Cut to Hold at HSBC; PT 747 pence
>>> Initiation
* ANE SM Rated New Overweight at JPMorgan; PT 35 euros
* Imerys Rated New Buy at Berenberg; PT 50 euros
* Mister Spex Rated New Buy at Berenberg; PT 33 euros
>>> Call
* Duerr Upgraded at Berenberg on Positive Momentum in Homag Unit
* Imerys New Buy at Berenberg on Sustained Organic Growth Outlook
* Miners Delivering on Cash Return Expectations, Citi Says
* Phoenix Raised at Peel Hunt on Upside from ReAssure Acquisition