>>> Up
* Ashtead Raised to Buy at HSBC; PT 4,150 pence
* Azimut Raised to Buy at Banca Akros (ESN)
* Balder Raised to Buy at Kepler Cheuvreux; PT 495 kronor (+)
* Capgemini Raised to Overweight at JPMorgan; PT 150 euros
* Castellum Raised to Hold at Handelsbanken; PT 200 kronor
* Danieli Raised to Accumulate at Banca Akros (ESN) (+)
* Ekinops SAS PT Raised to 10 euros at Gilbert Dupont (+)
* Electrocomponents PT Raised to 1,230 pence at Jefferies
* Electrocomponents Raised to Buy at HSBC; PT 1,000 pence
* Endesa Raised to Overweight at Barclays; PT 27.40 euros
* Esker Raised to Buy at Oddo BHF
* Fortum Raised to Hold at Deutsche Bank; PT 18 euros
* Fuchs Petrolub PT Raised to 58 euros from 50 euros at Berenberg
* IMI Raised to Outperform at Credit Suisse; PT 1,450 pence (+)
* Intertek Raised to Hold at HSBC; PT 5,800 pence
* KAZ Minerals PT Raised to 800 pence at Deutsche Bank
* Lindt & Spruengli Raised to Buy at Bank Vontobel (+)
* Manitou BF PT Raised to 35 euros from 29 euros at Gilbert Dupont (+)
* Medivir Raised to Hold at Handelsbanken; PT 11 kronor
* Nestle Raised to Sector Perform at RBC; PT 98 Swiss francs
* Next Raised to Add at AlphaValue
* Richemont PT Raised to 95 Swiss francs at RBC
* Saint-Gobain Raised to Buy at Citi; PT 50 euros
* Schibsted Raised to Buy at DNB Markets; PT 380 kroner (+)
* Sixt Raised to Buy at Oddo BHF (+)
* Topdanmark AS Raised to Buy at SEB Equities; PT 305 kroner
* Weir PT Raised to 2,350 pence from 2,000 pence at Barclays (+)
>>> Down
* Acciona Cut to Equal-Weight at Barclays; PT 121 euros
* ACS Cut to Hold at Grupo Santander; PT 31.50 euros
* Aena Cut to Hold at Grupo Santander; PT 133 euros
* ALD Cut to Neutral at JPMorgan; PT 12.06 euros
* Apetit Cut to Sell at Inderes; PT 10 euros (+)
* Atrium Ljungberg Cut to Hold at Kepler Cheuvreux; PT 175 kronor
* B&O Raised to Hold at ABG; PT 37 kroner
* Dustin Cut to Hold at SEB Equities; PT 80 kronor
* Edenred Cut to Hold at HSBC; PT 49.50 euros
* Elis Cut to Hold at HSBC; PT 14 euros
* Ferrovial Cut to Hold at Grupo Santander; PT 29 euros
* Fraport Cut to Underweight at Grupo Santander; PT 40 euros
* Johnson Service Cut to Sector Perform at RBC; PT 140 pence
* Kemira Cut to Reduce at Inderes (+)
* Orsted AS Cut to Sell at ABG; PT 1,080 kroner
* Orsted AS Cut to Hold at SEB Equities; PT 1,300 kroner
* Rio Tinto Cut to Hold at Deutsche Bank; PT 6,000 pence
* Sandvik Cut to Hold at Pareto Securities; PT 235 kronor (+)
* Schoeller-Bleckmann Cut to Sell at Baader Helvea; PT 25 euros
* Shop Apotheke Cut to Hold at Jefferies; PT 175 euros
* SMA Solar Cut to Hold at Jefferies; PT 65 euros
* Whitbread Cut to Hold at Peel Hunt; PT 3,100 pence (+)
>>> Initiation
* Fortnox Rated New Buy at SEB Equities; PT 470 kronor
* Lundin Mining Rated New Buy at Deutsche Bank; PT 91 kronor
* Nordnet Rated New Hold at DNB Markets; PT 140.28 kronor
* Simcorp Rated New Buy at Berenberg; PT 1,075 kroner
* Xior Student Housing Resumed Buy at KBC Securities; PT 59 euros
>>> Call
* Asos’s Sales Growth to Be Taken Positively, Morgan Stanley Says (+)
* Castellum Raised at Handelsbanken After Shares Underperformed (+)
* Endesa Upgraded, Renewables Pipeline Not Priced In: Barclays
* Deutsche Post 2020 Beat Seen Boosting 2022 Consensus: Jefferies (+)
* Just Eat Takeaway 4Q Orders ‘Impressive,’ Jefferies Says (+)
* Nestle Upgraded at RBC on Improved Defensive Attractions
* Saint-Gobain Set for Higher Growth and Margins, Citi Ups to Buy
* SMA Solar Future is Bright, But Time For Breather: Jefferies