>>> Up
* Bouvet Raised to Buy at Kepler Cheuvreux; PT 90 kroner
* Capital & Counties Raised to Neutral at JPMorgan; PT 180 pence
* Emmi Raised to Buy at Stifel; PT 1,120 Swiss francs
* Essity Raised to Buy at Handelsbanken; PT 340 kronor
* Fresenius Medical Raised to Hold at Jefferies; PT 56 euros
* Fresenius Medical ADRs Raised to Hold at Jefferies; PT $32.40
* Fresenius SE ADRs Raised to Hold at Jefferies; PT $11.30
* Fresenius SE Raised to Hold at Jefferies; PT 40 euros
* ICA Gruppen Raised to Equal-Weight at Barclays; PT 534 kronor
* Klepierre Raised to Neutral at JPMorgan; PT 20 euros
* Lloyds Raised to Outperform at KBW; PT 58 pence
* NatWest Raised to Market Perform at KBW; PT 215 pence
* PSI Raised to Hold at GSC Research; PT 45.50 euros
* Shaftesbury Raised to Neutral at JPMorgan; PT 630 pence
* Valneva ADRs PT Raised to $64 from $51 at Guggenheim
* Virgin Money UK Raised to Market Perform at KBW; PT 200 pence
>>> Down
* Aker BP Cut to Sell at SpareBank; PT 315 kroner
* Beyond Meat Cut to Market Perform at Bernstein; PT $100
* Cairn Energy Cut to Hold at Peel Hunt; PT 180 pence
* Calliditas Therapeutics Cut to Hold at SEB Equities
* Commerzbank Upgraded at Morgan Stanley on Stronger Outlook
* GN Store Nord Cut to Equal-Weight at Morgan Stanley
* HSBC Cut to Underperform at KBW; PT 400 pence
* Lundin Energy Cut to Reduce at HSBC; PT 310 kronor
* Paragon Cut to Market Perform at KBW; PT 575 pence
* Wacker Neuson Cut to Hold at Jefferies; PT 31 euros
>>> Initiation
* Atalaya Mining Rated New Buy at Berenberg; PT 490 pence
* Elopak Rated New Neutral at Exane; PT 28 kroner
* Hutchmed China ADRs Rated New Outperform at Credit Suisse
>>> Call
* Engie’s Guidance Points to 20% Earnings Upgrades: Morgan Stanley
* Fresenius Medical Risks Understood, Upgrade to Hold: Jefferies
* GN Store’s Limited Visibility Sees Downgrade at Morgan Stanley
* JPMorgan Turning Less Cautious on European Retail Landlords