>>> Up
* Abcam Raised to Outperform at RBC; PT 1,750 pence
* BASF Raised to Outperform at Bernstein; PT 78 euros
* Dialog Semi PT Raised to 60 euros from 50 euros at Deutsche Bank
* Mediolanum Raised to Accumulate at Banca Akros (ESN); PT 8 euros (+)
* Infineon PT Raised to 40 euros from 33 euros at Deutsche Bank
* Siltronic PT Raised to 150 euros from 135 euros at Deutsche Bank
* Sodexo Raised to Neutral at JPMorgan; PT 80 euros
>>> Down
* Akzo Nobel Cut to Neutral at Redburn (+)
* Clarkson Cut to Neutral at JPMorgan; PT 2,960 pence
* DSM Cut to Underperform at Bernstein; PT 121 euros
* Fresenius SE ADRs Cut to Underperform at Jefferies; PT $10.10
* Granges Re-Initiated Buy at Handelsbanken; PT 125 kronor
* Hapag-Lloyd Cut to Neutral at JPMorgan; PT 101.71 euros
* Pandora Cut to Hold at Kepler Cheuvreux; PT 650 kroner
* Partners Group Cut to Neutral at Exane; PT 1,130 Swiss francs
* Prysmian Cut to Neutral at Banca Akros (ESN); PT 30 euros (+)
* Siemens Healthineers Cut to Hold at Jyske Bank; PT 43 euros (+)
* Temenos Cut to Underperform at Credit Suisse; PT 97 Swiss francs
>>> Initiation
* Conduit Holdings/Bermuda Rated New Buy at Jefferies
* Lenzing Rated New Buy at Stifel; PT 109 euros
* Meyer Burger Rated New Add at Baader Helvea
* Peugeot Resumed Equal-Weight at Morgan Stanley; PT 25 euros
* Shell ADRs Rated New Buy at Mizuho Securities; PT $51
* Total SE ADRs Rated New Neutral at Mizuho Securities; PT $49
>>> Call
* Berenberg Sees Mixed 2021 for Media, Cuts CD Projekt, JCDecaux
* Capital-Goods Makers Get Boost From Costs, China: Deutsche Bank (+)
* Citi ‘Structurally’ Positive on Heineken, With Strategy in Focus
* Covestro Polycarbonate Margins to Remain Elevated: Barclays (+)
* Cucinelli 4Q Sales Beat Reassuring, Premium to Stay: Jefferies (+)
* Danone Estimates Cut at Berenberg as Water, China to Weigh on 4Q (+)
* Interroll CEO Appointment Welcome, Shows Long-Term Approach: ZKB (+)
* Peugeot, Fiat Merger Brings Synergy Potential: Morgan Stanley
* Playtech Update Encouraging, Promising for Outlook: Jefferies (+)
* Sika’s 4Q Sales Numbers Confirm Positive View on Stock: Baader (+)
* THG Price Target Raised at Jefferies Following Raised Guidance (+)