>>> Up
* Atlas Copco Raised to Buy from Neutral at UBS
* Aviva Upgraded to Top Pick at RBC; Price Target 5.40 Pounds
* Barry Callebaut Raised to Hold at Mirabaud Securities
* Covestro Upgraded to Overweight at Morgan Stanley; PT 60 Euros
* Lancashire Upgraded to Outperform at RBC; PT 7.25 Pounds
* Nordex Upgraded to Buy at Goldman; PT 11 Euros
* Partners Group Raised to Outperform at Macquarie; PT 770 Francs
* Porsche Raised to Outperform from Neutral at Exane BNP Paribas
* Sanofi Upgraded to Buy at Jefferies; PT 90 Euros
* Unicaja Banco Raised to Buy at Ahorro Corporacion; PT 1.39 Euros
>>> Down
* BASF Downgraded to Hold at Kepler Cheuvreux; PT 60 Euros
* Derwent London Cut to Equal-weight at Barclays; PT 29 Pounds
* Givaudan Cut to Equal-weight at Morgan Stanley; PT 2,400 Francs
* Lindt & Spruengli Cut to Sell at Mirabaud Securities
* Photo-Me Downgraded to Hold at Kepler Cheuvreux; PT 1.15 Pounds
* Pfizer Downgraded to Neutral at JPMorgan; Price Target $46
* Phoenix Cut to Outperform at RBC; Price Target 8.20 Pounds
* Standard Life Aberdeen Cut to Sector Perform at RBC
* Superdry Downgraded to Hold at Berenberg
* Tod's Downgraded to Reduce at HSBC; PT 37 Euros
>>> Initiation
* AB Foods Reinstated at SocGen With Hold; PT 23.78 Pounds
* Mail.Ru initiates at HSBC with Hold; PT at $26
* Workspace Rated New Overweight at Barclays; PT 9.80 Pounds
>>> Call