>>> Up
*Adecco Raised to Buy at Citi, PT CHF77
*Assa Abloy Raised to Hold at SEB Equities
*Assa Abloy Raised to Overweight at Barclays, PT SEK200
*Britvic Raised to Buy at SocGen, PT 630p
*Buenaventura Raised to Buy at HSBC
*Drax Raised to Sector Perform at RBC, PT 320p
*Electrolux Raised to Buy at SEB Equities, PT SEK260
*Glencore Raised to Buy at SocGen, PT 370p
*InterContinental Raised to Equal-Weight at Morgan Stanley
*LVMH Raised to Neutral at BofAML, PT EU175
*Mediaset Raised to Outperform at Macquarie, PT EU4
*Philips Lighting Raised to Overweight at Barclays, PT EU27
*Randstad Raised to Buy at Citi, PT EU60
*Rexel Raised to Overweight at Barclays, PT EU18.50
*RBC Bearings Raised to Outperform at William Blair
*Richemont Raised to Hold at Berenberg, PT CHF60
*Saipem Raised to Overweight at Morgan Stanley
*Suedzucker Raised to Buy at Bankhaus Lampe
*Unilever Raised to Buy at Jefferies, PT EU44
>>> Down
*ABB Cut to Underperform at Jefferies, PT $18
*A.G. Barr Cut to Neutral at JPMorgan, PT 490p
*Andritz Cut to Neutral at UBS
*Axa Cut to Hold at Deutsche Bank
*Balder Cut to Hold at DNB Markets, PT SEK185
*Cenovus Energy Cut to Hold at Edward Jones
*DNB CUT TO HOLD VS BUY AT ARCTIC SECURITIES
*Grifols Cut to Neutral at UBS, PT EU18
*Metro Cut to Underweight at Morgan Stanley, PT EU26
*Skanska Cut to Hold at DNB Markets, PT SEK235
*SKF Cut to Hold at SEB Equities
*SKF Cut to Underweight at Barclays, PT SEK155
*Swisscom Cut to Neutral at BofAML, PT CHF490
*Standard Life Cut to Hold at Deutsche Bank, PT 370p
*Wood Group Cut to Equal-Weight at Morgan Stanley
>>> PT Change
>>> Initiation
*Aldermore Group Rated New Buy at Liberum, PT 245p
*Allianz Rated New Neutral at Credit Suisse, PT EU175
*Axa Rated New Outperform at Credit Suisse, PT EU28.50
*Close Brothers Rated New Hold at Liberum, PT 1400p
*Generali Rated New Underperform at Credit Suisse, PT EU13.50
*Ingenico Group Rated New Outperform at Macquarie, PT EU81.36
*Nets Rated New Neutral at Macquarie, PT DKK117
*Norwegian Cruise Rated New Equal-Weight at Morgan Stanley
*OneSavings Bank Rated New Buy at Liberum, PT 395p
*Paragon Rated New Hold at Liberum, PT 395p
*Shawbrook Group Rated New Buy at Liberum, PT 290p
*Worldpay Rated New Outperform at Macquarie, PT GBP2.93
*Zurich Ins. Rated New Outperform at Credit Suisse, PT CHF330
>>> Call
>> Stock
*SKY REMOVED FROM CITI FOCUS LIST EUROPE; KEPT AT BUY
**DIAGEO ADDED TO ANALYST FOCUS LIST AT JPMORGAN