>>> Up
*Alibaba Raised to Buy at SWS, PT $169
*EON Raised to Reduce at AlphaValue
*Lufthansa Raised to Neutral at Credit Suisse
*Luxottica Raised to Overweight at Morgan Stanley, PT EU65
*Senvion Raised to Outperform at Macquarie
*Tesla Raised to Buy at Berenberg
*Tryg Raised to Outperform at RBC, PT DKK145
>>> Down
*3i Cut to Equal-weight at Morgan Stanley, PT 940p
*Electrolux Cut to Neutral at Swedbank, PT SEK295
*Gas Natural Cut to Neutral at Citi
*Iliad Cut to Neutral at Natixis
*Liberbank Cut to Hold at Santander, PT EU0.86
*SCA Cut to Sell at AlphaValue
*Topdanmark Cut to Underperform at RBC, PT DKK170
>>> Initiation
*Chr. Hansen New Hold at Vertical Group, PT DKK447
*Givaudan New Hold at Vertical Group, PT CHF1,870
*Publicis New Buy at UBS, PT EU80.50
*Tate & Lyle New Hold at Vertical Group, PT GBP7.40
*WPP New Buy at UBS, PT 2,050p
>>> Call
>> Stock
*BAE SYSTEMS EXITS CONVICTION LIST AT GOLDMAN; STAYS BUY