>>> Up
* Aallon Group Raised to Buy at Inderes; PT 11.50 euros
* Azelis Raised to Accumulate at KBC Securities; PT 27.10 euros (+)
* Berkeley Raised to Buy at Goodbody; PT 3,950 pence (yesterday)
* Danske Bank Raised to Buy at Deutsche Bank; PT 148 kroner
* Red Electrica Raised to Hold at Berenberg; PT 15.70 euros
* Strix Raised to Buy at Peel Hunt
>>> Down
* BAT Cut to Neutral at Goldman; PT 3,800 pence
* Boohoo Cut to Sell at Liberum; PT 35 pence
* Iberdrola Cut to Equal-Weight at Morgan Stanley; PT 11 euros
* Ocado Cut to Underweight at JPMorgan; PT 500 pence
* SBB Cut to Hold at Pareto Securities; PT 20 kronor (+)
* Solaria Energia Cut to Sector Perform at RBC; PT 16 euros
* Stora Enso Cut to Neutral at Citi; PT 14.50 euros
* Varta Cut to Sell at M.M. Warburg; PT 21 euros (+)
* VGP Cut to Underweight at Barclays; PT 70 euros
>>> Initiation
>>> Call
* Azelis Looks Primed to Outperform, KBC Upgrades to Accumulate (+)
* BAT Downgraded at Goldman on Conservative Capital Allocation
* BofA Study Closest to Signaling Buy on US Stocks In Five Years
* Boohoo Faces ‘Hard Slog From Here,’ Cut to Sell at Liberum
* Iberdrola Cut at Morgan Stanley With Strengths Now Priced In
* Ocado Cut at JPM After Surge With Partnership Momentum Seen Slow
* Red Electrica Raised at Berenberg, Regulatory Uncertainty Eased
* Solaria Energia Downgraded at RBC on Higher Cost of Capital
* Stora Enso Downgraded to Neutral at Citi on Cash Flow Squeeze
* Strix’s Acquisition of Billi Prompts Upgrade to Buy at Peel Hunt