>>> Up
* Air Liquide Raised to Neutral at JPMorgan; PT 110 euros
* Apple Raised to Overweight at Wells Fargo; PT $315
* Assura Raised to Buy at Panmure Gordon; PT 77 pence
* Atlas Copco Raised to Hold at Danske Bank Markets
* Autoliv Raised to Buy at Danske Bank Markets; PT $79
* Bank of Ireland Raised to Buy at Citi
* BioMerieux Raised to Buy at HSBC; PT 98 euros
* Blue Prism Raised to Buy at Berenberg; PT 1,425 pence
* BNP Paribas Raised to Buy at HSBC; PT 45 euros
* Carlsberg Raised to Buy at Citi
* Carrefour Raised to Overweight at Barclays; PT 17.50 euros
* Coca-Cola HBC Raised to Buy at Citi
* Embraer ADRs Raised to Buy at HSBC; PT $19
* Inditex Raised to Equal-Weight at Morgan Stanley; PT 20 euros
* Informa Raised to Buy at Citi
* Kone Oyj Raised to Hold at Danske Bank Markets; PT 51.20 euros
* Lloyds Raised to Buy at Citi
* Maersk Raised to Buy at Danske Bank Markets; PT 8,500 kroner
* Maersk Raised to Buy at SEB Equities; PT 8,000 kroner
* Maersk Raised to Buy at SEB Equities; PT 8,000 kroner
* Neste Raised to Accumulate at Inderes; PT 32 euros
* Nokian Renkaat Raised to Buy at Danske Bank Markets
* Orkla Raised to Hold at Danske Bank Markets; PT 83 kroner
* Peab Raised to Buy at SEB Equities; PT 102 kronor
* RBS Raised to Buy at Citi
* Red Electrica Raised to Buy at Deutsche Bank; PT 15.50 euros
* Royal Unibrew Raised to Buy at Handelsbanken; PT 525 kroner
* Salvatore Ferragamo Raised to Neutral at Citi
* Simcorp Raised to Buy at SEB Equities; PT 660 kroner
* SKF Raised to Buy at Danske Bank Markets; PT 175 kronor
* Spectris Raised to Hold at Berenberg; PT 2,250 pence
* Swedbank Raised to Buy at Deutsche Bank; PT 160 kronor
* Telecom Italia Raised to Buy at Citi
* Terna Raised to Neutral at Credit Suisse; PT 5.90 euros
* Trelleborg Raised to Buy at Danske Bank Markets; PT 155 kronor
* Tryg Raised to Buy at Danske Bank Markets; PT 200 kroner
* Vivendi Raised to Buy at Citi
>>> Down
* Aeroports de Paris Cut to Reduce at AlphaValue
* CFE Cut to Hold at SocGen; PT 77 euros
* Dufry Cut to Sell at Baader Helvea; PT 30 Swiss francs
* Enel Cut to Add at AlphaValue
* Euromoney Cut to Hold at Peel Hunt; PT 1,350 pence
* Falck Renewables Cut to Sell at Fidentiis Equities
* Hermle Cut to Hold at LBBW; PT 250 euros
* Lagardere Cut to Neutral at Citi
* LEG Immobilien Cut to Hold at Commerzbank
* Snam Cut to Add at AlphaValue
* Stroeer Cut to Neutral at Citi
* Technotrans Cut to Hold at Berenberg; PT 12 euros
* Terna Cut to Hold at Deutsche Bank; PT 5.20 euros
* Tullow Cut to Hold at Panmure Gordon; PT 20 pence
>>> Initiation
* Ferragamo Raised on Limited Downside, Possible M&A Appeal: Citi
>>> Call
* Carlsberg Gets Double Upgrade at Citi With ‘Demand Shock’ Ahead
* Citi Says Would Be ‘Happy’ to Buy U.K. and Irish Banks Right Now
* Tobacco Stocks a Good Pick in Time of Crisis, Citi Says
* Royal Unibrew Raised, Handelsbanken Sees ‘Bottom Fishing’ Time