>>> Up
* Aixtron Raised to Outperform at Oddo BHF; PT 26 euros (+)
* BMW Raised to Buy at Goldman; PT 123 euros
* Elis Raised to Outperform at Oddo BHF (+)
* Encavis Raised to Outperform at Oddo BHF; PT 19 Euros
* Eni Raised to Market Perform at Bernstein; PT 14.50 euros
* Galp Raised to Outperform at Bernstein; PT 14 euros
* Infineon Raised to Buy at Citi
* ITV Raised to Outperform at Exane; PT 146 pence (+)
* Kering Raised to Buy at UBS
* Leoni Raised to Hold at M.M. Warburg; PT 12 euros (+)
* Moncler Raised to Buy at UBS (+)
* Orsted Raised to Buy at Goldman; PT 995 kroner
* STMicroelectronics Raised to Buy at Citi
* Tate & Lyle Raised to Outperform at Exane; PT 855 pence (+)
* Vetoquinol Raised to Buy at Stifel; PT 161 euros
* WPP Raised to Neutral at Exane; PT 1,060 pence (+)
>>> Down
* Adidas Cut to Hold at HSBC; PT 280 euros
* Adevinta Cut to Neutral at Exane; PT 130 kroner (+)
* Allegro Cut to Neutral at Exane; PT 34 zloty (+)
* Bureau Veritas Cut to Equal-Weight at Morgan Stanley
* E.On Cut to Neutral at Goldman; PT 13.25 euros
* Equinor Cut to Market Perform at Bernstein; PT 315 kroner
* Eurofins Scientific Cut to Hold at Jefferies; PT 100 euros
* Euromoney Cut to Neutral at Exane; PT 1,010 pence (+)
* Experian Cut to Equal-Weight at Morgan Stanley; PT 3,560 pence
* Hermes Cut to Neutral at UBS (+)
* Hilton Worldwide Cut to Market Perform at Bernstein; PT $161
* JCDecaux Cut to Underperform at Exane; PT 20 euros (+)
* National Grid Cut to Market Perform at Bernstein; PT 1,105 pence
* Nike Cut to Hold at HSBC; PT $182
* Persimmon Cut to Neutral at Citi
* Salvatore Ferragamo Cut to Sell at UBS (+)
* Schneider Electric Cut to Sell at Citi
* UCB Cut to Neutral at Citi; PT 97 euros
THG Gives U.K. FCA Data on Share Price Drop: Times (Jan. 9)* Vetropack Cut to Hold at Stifel; PT 63 Swiss francs
* Wise Cut to Sell at Citi
>>> Initiation
* Alm Brand Rated New Buy at Nordea; PT 14.50 kroner (+)
* Innate Pharma Resumed Outperform at Oddo BHF; PT 9.30 euros (+)
* Itaconix Rated New Corporate at Finncap; PT 12 pence (+)
* Novartis Resumed Buy at Citi; PT 95 Swiss francs
* SKF Resumed Buy at Nordea; PT 283 kronor (+)
* Unilever Resumed Buy at Citi; PT 4,500 pence
* Windward Rated New Buy at Canaccord; PT 305 pence (+)
>>> Call
* Alibaba Price Targets Lowered at Citi on Soft Consumer Spending
* Atos Warning ‘Massive’ and Specific to Firm, Oddo Says (+)
* BMW Raised to Buy at Goldman, Sees Scope for Material Dividends
* Bureau Veritas, Experian Cut at Morgan Stanley, Hays a Top Pick
* Eurofins Downgraded at Jefferies as Shares Reach Price Target (+)
* European Luxury Stocks to See Diverging Performance in 2022: UBS (+)
* Infineon, STMicro Upgraded, Keep Constructive View on Tech: Citi
* Philips Testing Update ‘Disappointing,’ Weak 4Q Expected: DB
* Schneider Cut to Sell at Citi on Valuation, Growth Outlook (+)
* SSAB Set For Record Earnings in 4Q, PT Raised: Deutsche Bank (+)
* Unilever Offers Recovery Story Beyond 1H, Resumed Buy at Citi