>>> Up
* FNAC Raised to Buy at Oddo BHF; PT 78 euros
* Glaxo Raised to Buy at Cantor; PT 2,000 pence
* Petra Diamonds Raised to Buy at Panmure Gordon; PT 13.80 pence
* Rio Tinto ADRs Raised to Buy at Jefferies; PT $57
* Rhoen Klinikum Raised to Hold at Commerzbank; PT 20 euros
* SGS Raised to Buy at Bank Vontobel
* Suedzucker Raised to Hold at DZ Bank; PT 13.25 euros
* Telefonica Deutschland Raised to Hold at SocGen; PT 2.50 euros
>>> Down
* Chr. Hansen Cut to Equal-Weight at Barclays; PT 540 kroner
* Hugo Boss Cut to Hold at Pareto Securities; PT 45 euros
* Hugo Boss Cut to Sell at SocGen; PT 38 euros
* Hugo Boss Cut to Sector Perform at RBC; PT 50 euros
* Hugo Boss Cut to Hold at HSBC; PT 47 euros
* Philips Cut to Hold at LBBW; PT 41 euros
* Publicis Cut to Hold at SocGen; PT 45 euros
* Publicis Cut to Neutral at Macquarie; PT 40 euros
* Sabre Insurance Cut to Hold at Canaccord; PT 305 pence
* Schweiter Downgraded to Hold at Baader Helvea; PT 1,000 Francs
* Vifor Pharma Downgraded to Hold at Baader Helvea; PT 170 Francs
* Whitbread Cut to Sell at Deutsche Bank
>>> Initiation
* Accor Reinstated Buy at Deutsche Bank; PT 43.50 euros
* Delivery Hero Rated New Hold at HSBC; PT 42 euros
* Flutter Rated New Neutral at JPMorgan; PT 86 Pounds
* GVC Rated New Overweight at JPMorgan; PT 10.40 Pounds
* InterContinental Hotels Reinstated Hold at Deutsche Bank
* Just Eat Rated New Buy at HSBC; PT 830 pence
* Know IT Rated New Buy at SEB Equities; PT 225 kronor
* Legrand Rated New Neutral at Bryan Garnier; PT 70 Euros
* Melia Hotels Reinstated Hold at Deutsche Bank; PT 7.45 euros
* NH Hotel Reinstated Buy at Deutsche Bank; PT 5.05 euros
* Probi Rated New Hold at SEB Equities; PT 255 kronor
* Scandic Reinstated Hold at Deutsche Bank; PT 81.20 kronor
* Somfy Rated New Buy at Bryan Garnier; PT 100 Euros
* Takeaway Rated New Buy at HSBC; PT 95 euros
* William Hill Rated New Neutral at JPMorgan; PT 1.80 Pounds
>>> Call
* SGS Raised at Vontobel as New Mindset Seen Lifting Profitability
* Fortum, Verbund PTs Raised, Berenberg Hikes Carbon Estimates