>>> Up
* Axa Upgraded to Buy at Citi
* Deutsche Telekom Upgraded to Buy at Bankhaus Lampe
* EDF Upgraded to Hold at Berenberg
* Endesa Upgraded to Buy at Berenberg
* Fortum Upgraded to Buy at Berenberg
* Metso Upgraded to Neutral at Goldman; PT 30 Euros
* Puma SE Upgraded to Buy at Equinet
* SSP Upgraded to Overweight at JPMorgan; PT 7.65 Pounds
* Verbund Upgraded to Buy at Berenberg
>>> Down
* Amundi Downgraded to Neutral at Natixis
* Eltel Downgraded to Hold at SEB Equities; Price Target 33 Kronor
* Kingspan Downgraded to Hold at Berenberg
* Ladbrokes Coral Cut to Neutral at JPMorgan; PT 1.95 Pounds
* Puma SE Downgraded to Underperform at BofAML
* Schoeller-Bleckmann Cut to Hold at Erste Group; PT 94.50 Euros
* TUI Downgraded to Neutral at JPMorgan
>>> Initaition
* Brunello Cucinelli Rated New Buy at Berenberg; PT 31 Euros
* Dialog Semi Rated New Reduce at Kepler Cheuvreux; PT 26 Euros
* FACC Rated New Buy at Kepler Cheuvreux; PT 22 Euros
* Tornos Holding Rated New Buy at Research Partners; PT 9 Francs
>>> Call
>> Sector
* Goldman Sees Capital Goods Recovery Having Further to Run