>>> Up
* Galp Upgraded to Neutral at Goldman; PT 18 Euros
* Leoni Upgraded to Buy at Quirin Privatbank AG; PT 26 Euros
* Polymetal Upgraded to Neutral at JPMorgan; PT 8.80 Pounds
* Rio Tinto Upgraded to Buy at Goldman
* Telenor Upgraded to Overweight at JPMorgan; PT 176 Kroner
* Unipol Upgraded to Buy at Kepler Cheuvreux; PT 4.85 Euros
>>> Down
* Bankia Downgraded to Underperform at Jefferies
* BE Semiconductor Cut to Hold at Kepler Cheuvreux; PT 21 Euros
* BHP Group PLC Downgraded to Neutral at Goldman
* Britvic Cut to Equal-weight at Morgan Stanley; PT 9 Pounds
* Efore Downgraded to Reduce at Inderes; PT 6 Cents
* Fiat Chrysler Downgraded to Add at AlphaValue
* GEA Group Downgraded to Sector Perform at RBC; PT 21.50 Euros
* Marimekko Downgraded to Sell at Inderes; Price Target 22 Euros
* Spire Healthcare Downgraded to Underperform at Credit Suisse
>>> Initiation
* Amigo Rated New Hold at HSBC; PT 2.80 Pounds
* Auto Trader Rated New Hold at HSBC; PT 4.65 Pounds
* Aveva Rated New Reduce at HSBC; PT 25 Pounds
* Big Yellow Group Rated New Buy at HSBC; PT 10.60 Pounds
* Boohoo Rated New Buy at HSBC; PT 2.40 Pounds
* Borregaard Rated New Buy at Berenberg; PT 95 Kroner
* British Land Rated New Sector Perform at RBC; PT 5.50 Pounds
* Clarkson Rated New Hold at HSBC; PT 26 Pounds
* Coats Rated New Reduce at HSBC; PT 70 Pence
* Dechra Pharma Rated New Buy at HSBC; PT 27.70 Pounds
* Derwent London Rated New Underperform at RBC
* Diploma Rated New Hold at HSBC; PT 13.25 Pounds
* FORTEC Elektronik Rated New Buy at Montega; PT 26 Euros
* FDM Group Rated New Buy at HSBC; PT 10.10 Pounds
* Genus Rated New Buy at HSBC; PT 26.50 Pounds
* Greggs Rated New Hold at HSBC; PT 16 Pounds
* Hammerson Rated New Sector Perform at RBC; PT 3.70 Pounds
* Hill & Smith Rated New Buy at HSBC; PT 14 Pounds
* Johnson Service Rated New Buy at HSBC; PT 1.48 Pounds
* JTC PLC Rated New Buy at HSBC; PT 4.60 Pounds
* KPN Reinstated at Gabelli With Buy
* Kuros Biosciences Reinstated Buy at NIBC Bank N.V.; PT 8 Francs
* Land Sec. Rated New Outperform at RBC
* Meggitt Rated New Buy at HSBC; PT 6.45 Pounds
* Midwich Rated New Buy at HSBC; PT 7 Pounds
* S4 Capital Rated New Hold at HSBC; PT 1.35 Pounds
* Safestore Rated New Buy at HSBC; PT 6.70 Pounds
* Stobart Rated New Reduce at HSBC; PT 1.38 Pounds
* Stock Spirits Rated New Buy at HSBC; PT 2.90 Pounds
* Sanne Group Rated New Buy at HSBC; PT 7.15 Pounds
* Segro Rated New Sector Perform at RBC; PT 6.25 Pounds
* Derwent London Rated New Underperform at RBC
* Tritax Big Box Rated New Outperform at RBC
* TT Electronics Rated New Buy at HSBC; PT 2.65 Pounds
>>> Call