>>> Up
* ADVA Optical Raised to Buy at Commerzbank; PT 11 euros (+)
* Andritz Raised to Buy at Erste Group; PT 46.30 euros (+)
* Chemring Group Raised to Buy at Peel Hunt; PT 350 pence
* Commerzbank Raised to Market Perform at KBW; PT 5.72 euros
* Gjensidige Raised to Buy at Pareto Securities; PT 215 kroner
* ITV Raised to Overweight at Morgan Stanley; PT 125 pence
* J. Martins Raised to Buy at JB Capital Markets; PT 16.90 euros (+)
* Lenzing Raised to Buy at Deutsche Bank; PT 94 euros
* Lundin Energy Raised to Overweight at Morgan Stanley
* Primary Health Raised to Buy at Peel Hunt
* Skanska Raised to Buy at Handelsbanken; PT 260 kronor
* Sonova Raised to Hold at Bank Vontobel; PT 245 Swiss francs (+)
* Spire Healthcare PT Raised to 180 pence at Liberum
* Unilever PT Cut to 3,600 pence at Morgan Stanley
>>> Down
* BASF Cut to Underweight at JPMorgan; PT 62.50 euros
* EDP Renovaveis Cut to Neutral at JPMorgan; PT 21.30 euros
* Elementis Cut to Neutral at JPMorgan; PT 130 pence
* Euronav Cut to Sell at Cleaves Securities; PT $7.50
* Fresenius Medical Cut to Underperform at Jefferies; PT 60 euros
* Lloyds Cut to Hold at Investec; PT 38 pence (+)
* MTU Aero Cut to Sell at Citi; PT 164 euros
* Naturgy Cut to Sell at Goldman; PT 19.50 euros
* Recipharm Cut to Hold at Jefferies; PT 220 kronor
* Snam Cut to Neutral at JPMorgan; PT 4.90 euros
* Straumann Cut to Hold at Stifel; PT 1,100 Swiss francs
* Stroeer Cut to Equal-Weight at Morgan Stanley; PT 75 euros
>>> Initiation
* Alstom Resumed Neutral at Citi
* Fashionette Rated New Buy at Hauck & Aufhaeuser; PT 44 euros (+)
* Hunter Group Cut to Sell at Cleaves Securities; PT 3 kroner
* TechnipFMC Reinstated Buy at Berenberg; PT $11.01
>>> Call
* Chemring Well-Placed and Outlook Positive, Peel Hunt Upgrades
* Europe Mid-Cap Oil 4Qs Could Show Further Impairments, Citi Says
* Morgan Stanley Raises European Energy Shares on Value Rotation
* EUROPEAN ENERGY SECTOR RAISED TO OVERWEIGHT AT MORGAN STANLEY
* Fresenius Medical Gets Only Sell Rating as Jefferies Downgrades
* MTU Aero a ‘Great Company,’ But Sell on Balance of Risk: Citi (+)
* Nordea, DNB Most Attractive Nordic Banks: Berenberg (+)
* Skanska May Benefit From Positive U.S. Sentiment: Handelsbanken (+)
* Vivendi, S4 Among Top Media Picks, ITV Raised at Morgan Stanley
* Volvo, SKF, Epiroc Among Machinery Stocks to ‘Trade Well’ :Citi