>>> Up
* CaixaBank Raised to Outperform at KBW; PT 3.50 euros
* Direct Line Raised to Buy at Citi
* Duerr Raised to Buy at SocGen; PT 44 euros
* Enagas Raised to Neutral at BofA; PT 23.10 euros
* EnQuest Raised to Overweight at JPMorgan; PT 40 pence
* E.On Raised to Neutral at BofA; PT 10 euros
* Generali Raised to Buy at Citi
* Iberdrola Raised to Buy at BofA; PT 10.65 euros
* Italgas Raised to Buy at BofA
* Mitchells & Butlers Raised to Sector Perform at RBC
* Nokia Raised to Buy at Handelsbanken; PT 4.70 euros
* Norma Raised to Buy at SocGen; PT 52 euros
* Playtech Raised to Buy at Deutsche Bank
* Polymetal Raised to Buy at Berenberg; PT 1,480 pence
* Snam Raised to Buy at BofA
* Trelleborg Raised to Overweight at Morgan Stanley
* Vistry Group Raised to Buy at Citi
* Whitbread Raised to Hold at Deutsche Bank
>>> Down
* Bankinter Cut to Underperform at KBW; PT 6.41 euros
* Barratt Cut to Neutral at Citi
* Diploma Cut to Underperform at RBC; PT 1,500 pence
* Diploma Cut to Hold at Jefferies; PT 1,800 pence
* Engie Cut to Neutral at BofA; PT 15.50 euros
* Ericsson Cut to Hold at Handelsbanken; PT 92 kronor
* Fortum Oyj Cut to Neutral at Citi
* Gresham House Raised to Buy at Panmure Gordon; PT 700 pence
* Jupiter Cut to Sell at Panmure Gordon; PT 333 pence
* Hays Cut to Sector Perform at RBC; PT 175 pence
* Hella Cut to Hold at Bankhaus Lampe; PT 52 euros
* Klovern Cut to Sell at ABG; PT 20 kronor
* Legal & General Cut to Neutral at Citi
* Marston's Cut to Sector Perform at RBC; PT 130 pence
* Munich Re Raised to Neutral at Citi
* Naturgy Cut to Underperform at BofA; PT 23 euros
* Pagegroup Cut to Sector Perform at RBC; PT 530 pence
* Restaurant Group Cut to Sector Perform at RBC; PT 170 pence
* Sanne Group Cut to Sector Perform at RBC; PT 700 pence
* Schoeller-Bleckmann Cut to Accumulate at Erste Group
* SEB Cut to Underweight at JPMorgan; PT 75 kronor
* Spectris Cut to Underweight at Morgan Stanley; PT 2,500 pence
* SSAB Cut to Equal-Weight at Morgan Stanley; PT 40 kronor
* TGS Cut to Hold at Handelsbanken; PT 270 kroner
* Travis Perkins Cut to Sector Perform at RBC; PT 1,550 pence
* Uniper Cut to Underperform at BofA; PT 27.50 euros
* Uniper Cut to Sell at Citi; PT 25.30 euros
* Voestalpine Cut to Underweight at Morgan Stanley
* William Hill Cut to Hold at Deutsche Bank
>>> Initiation
* Adecco Rated New Overweight at JPMorgan; PT 70 Swiss francs
* JTC PLC Rated New Buy at Panmure Gordon; PT 509 pence
>>> Call
* Nokia Raised, Ericsson Cut as Handelsbanken Switches 5G Favorite
* European Insurance Has Added Value Not Captured by IFRS: Citi
* Fortum, Uniper Downgraded at Citi, Focus Turns to Fundamentals
* Bayer’s Odds for Glyphosate Settlement Improving: Citi
* Trelleborg Upgraded, Preferred Over Spectris at Morgan Stanley
* U.K. Pubs and Restaurants Sector Now Fairly Valued, RBC Says
* Citi Sees Value in U.K. Housebuilders; Cuts Barratt, Ups Vistry