>>> Up
* Alpha Services Raised to Outperform at Mediobanca SpA
* BPER Banca Raised to Buy at Deutsche Bank; PT 7.60 euros
* Budimex Raised to Neutral at Citi; PT 551 zloty
* Carl Zeiss Meditec Raised to Hold at Stifel; PT 60 euros
* DiaSorin Raised to Buy at Stifel; PT 115 euros
* Grifols Raised to Overweight at Morgan Stanley; PT 12 euros
* Harbour Energy Raised to Neutral at Goldman; PT 245 pence
* Lufthansa Raised to Outperform at Bernstein; PT 8 euros (+)
* Marimekko Raised to Accumulate at Evli Bank; PT 13 euros
* NXP Semi Upgraded at Morgan Stanley on Aligning Tailwinds
* Piraeus Bank Raised to Outperform at Mediobanca SpA
* Ponsse Raised to Accumulate at Inderes; PT 24 euros
* Ponsse Raised to Accumulate at Inderes; PT 24 euros
* Sartorius Raised to Overweight at Morgan Stanley; PT 340 euros
* Sartorius Stedim Raised to Overweight at Morgan Stanley
* Schott Pharma Raised to Buy at Stifel; PT 26.50 euros
* SGS PT Raised to 110 Swiss francs at Bank Vontobel (+)
* Teleste Raised to Accumulate at Inderes; PT 3.20 euros
* UPM-Kymmene Raised to Buy at Citi; PT 36 euros
>>> Down
>>> Down
* Alisa Pankki Oyj Cut to Reduce at Evli Bank; PT 18 euro cents (+)
* AstraZeneca Cut to Hold at Nordea
* Entain Cut to Neutral at BofA (+)
* Fortum Cut to Neutral at Oddo BHF; PT 15.50 euros (+)
* H&M Cut to Hold at Deutsche Bank; PT 160 kronor
* Hexagon Purus Cut to Hold at Pareto Securities; PT 2 kroner
* Hexagon Purus Cut to Hold at Pareto Securities; PT 2 kroner
* IAG Cut to Market Perform at Bernstein; PT 350 pence (+)
* L'Oreal Cut to Equal-Weight at Morgan Stanley; PT 379 euros
* Lanxess Cut to Neutral at Van Lanschot Kempen; PT 29 euros
* Logista Cut to Neutral at Grupo Santander; PT 33.20 euros
* Lonza Cut to Equal-Weight at Morgan Stanley; PT 625 Swiss francs
* Merck KGaA Cut to Equal-Weight at Morgan Stanley; PT 160 euros
* NNIT Cut to Sell at ABG; PT 70 kroner
* On Holding Cut to Neutral at Goldman; PT $57
* Orsted Cut to Neutral at BofA (+)
* Witted Megacorp Cut to Accumulate at Inderes; PT 1.80 euros
>>> Initiation
>>> Initiation
* Ashtead Technology Rated New Buy at Investec; PT 819 pence
* AstraZeneca Rated New Overweight at Morgan Stanley
* AstraZeneca Rated New Overweight at Morgan Stanley
* Covestro Rated New Market Perform at CICC; PT 62 euros
* GSK Reinstated Underweight at Morgan Stanley; PT 1,450 pence (+)
* GSK ADRs Reinstated Underweight at Morgan Stanley; PT $36 (+)
* HelloFresh Rated New Buy at M.M. Warburg; PT 15.40 euros (+)
* Novo Rated New Equal-Weight at Morgan Stanley; PT 700 kroner
* Novo ADRs Reinstated Equal-Weight at Morgan Stanley; PT $99 (+)
* Roche ADRs Reinstated Equal-Weight at Morgan Stanley; PT $42 (+)
* Roche Reinstated Equal-Weight at Morgan Stanley (+)
* Zegona Communications Rated New Outperform at Grupo Santander
>>> Call
>>> Call
* Heineken’s ‘Excellent’ Results Contain Little to Fault, RBC Says (+)
* L’Oreal Downgraded at Morgan Stanley Amid Decelerating Growth
* L’Oreal Downgraded at Morgan Stanley Amid Decelerating Growth