>>> Up
* Coloplast Upgraded to Hold at Berenberg
* Cott Upgraded to Buy at Jefferies
* Hamburger Hafen Upgraded to Buy at Commerzbank; PT 24 Euros
* IMI Upgraded to Buy at Jefferies
* SLM Solutions Upgraded to Buy at Canaccord; PT 39 Euros
>>> Down
* Austevoll Seafood Downgraded to Hold at Carnegie; PT 107 Kroner
* HaloSource Downgraded to Hold at Cantor; PT 10 Pence
* Interserve Downgraded to Hold at Liberum; PT 90 Pence
* Ipsen Downgraded to Equal-weight at Morgan Stanley; PT 145 Euros
* Nexus Downgraded to Hold at Berenberg
* Roche Downgraded to Market Perform at Bernstein
* Leroy Downgraded to Hold at Carnegie; PT 61 Kroner
* Norway Royal Salmon Cut to Hold at Carnegie; PT 190 Kroner
* Schroders Downgraded to Hold at Berenberg
* TGS Downgraded to Hold at Pareto Securities; PT 244 Kroner
* Uniper Cut to Reduce at Commerzbank; Price Target 23.40 Euros
>>> Initiation
* Axa ADRs Rated New Buy at Spin-Off Research; PT $30
>>> Call
>> Sector
* EUROPEAN BANKS CUT TO NEUTRAL AT BERNSTEIN, INSURANCE RAISED