>>> Up
* *Bankia Raised to Buy From Neutral, Target Cut to EUR1.35 From EUR1.75 by Citigroup
* Centrica Raised to Overweight at Barclays; PT 50 pence
* Colonial Raised to Buy at Ahorro Corporacion; PT 9.80 euros
* Colruyt Raised to Hold at KBC Securities; PT 50.50 euros
* Demant Raised to Buy at Danske Bank Markets; PT 200 kroner (+)
* DiaSorin Raised to Neutral at Kempen & Co; PT 127 euros (+)
* Elis Raised to Buy at MainFirst; PT 11.40 euros (+)
* Enagas Raised to Market Perform at BBVA; PT 19.40 euros
* Endesa Raised to Buy at MainFirst; PT 23.50 euros
* Endesa Raised to Outperform at BBVA; PT 22.30 euros
* Engie Raised to Overweight at Barclays; PT 13.50 euros
* Fielmann Raised to Hold at Hauck & Aufhaeuser; PT 53.50 euros (+)
* James Fisher Raised to Buy at Jefferies; PT 1,670 pence
* Lanxess Raised to Buy at Citi
* Mediobanca Raised to Overweight at Morgan Stanley
* Orange Raised to Buy at UBS; PT 12.70 euros (+)
* Orsted Raised to Buy at HSBC; PT 775 kroner
* Pennon Raised to Neutral at Credit Suisse; PT 1,035 pence (+)
* RAI Way Raised to Outperform at Mediobanca SpA; PT 7.02 euros
* Recordati Raised to Outperform at Mediobanca SpA
* Suez Raised to Buy at SocGen; PT 13 euros (+)
>>> Down
* Admicom Oyj Cut to Reduce at Inderes; PT 75 euros (+)
* Adevinta Cut to Hold at Danske Bank Markets; PT 104 kroner (+)
* Aggreko Cut to Add at AlphaValue (Earlier)
* Akwel Cut to Hold at Portzamparc; PT 11.30 euros (+)
* ArcelorMittal Cut to Neutral at JPMorgan; PT 9.50 euros
* Ashtead Cut to Neutral at BofA; PT 2,100 pence
* Autogrill Cut to Underperform at Mediobanca SpA; PT 5.40 euros
* Banca Generali Cut to Neutral at Mediobanca SpA; PT 25 euros
* BPER Banca Cut to Sell at UBS; PT 1.90 euros (+)
* Banco BPM Cut to Sell at UBS; PT 85 euro cents (+)
* Burford Capital Cut to Hold at Peel Hunt; PT 500 pence
* Cairo Comm Cut to Neutral at Mediobanca SpA; PT 2.71 euros
* Campari Cut to Hold at MainFirst; PT 7.10 euros
* CFE Cut to Hold at ABN Amro Bank; PT 80 euros
* Close Brothers Cut to Hold at Investec; PT 1,110 pence (+)
* CNH Industrial Cut to Neutral at Mediobanca SpA; PT 7.20 euros
* Credit Suisse Cut to Underweight at Barclays; PT 8 Swiss francs
* De' Longhi Cut to Neutral at Mediobanca SpA; PT 15.60 euros
* Elior Group Cut to Add at AlphaValue (Earlier)
* Endesa Cut to Sell at Goldman; PT 18 euros
* Eni Cut to Neutral at Mediobanca SpA; PT 12 euros
* E.On Cut to Sell at Goldman; PT 9.20 euros
* Essentra Cut to Hold at Jefferies; PT 310 pence
* Evli Cut to Reduce at Inderes; PT 8.50 euros
* Euronav Cut to Hold at Cleaves Securities; PT 10.09 euros
* Euronext Cut to Market Perform at KBW; PT 75 euros
* Evolution Gaming Cut to Hold at SEB Equities; PT 422 kronor
* FNG NV Cut to Sell at ABN Amro Bank; PT 5 euros
* Geox Cut to Underperform at Mediobanca SpA; PT 64 euro cents
* Halma Cut to Underperform at Jefferies; PT 1,705 pence
* Jenoptik PT Cut to 27 euros from 34 euros at Bankhaus Metzler (+)
* Mediolanum Cut to Neutral at Mediobanca SpA; PT 6 euros
* Naturgy Cut to Sell at Goldman; PT 17 euros
* Nexi Cut to Neutral at Credit Suisse; PT 12 euros (+)
* Norwegian Air Cut to Underperform at Bernstein
* Piaggio Cut to Neutral at Mediobanca SpA; PT 2.50 euros
* Pirelli Cut to Underperform at Mediobanca SpA
* Prysmian Cut to Neutral at Mediobanca SpA; PT 19.20 euros
* Puma Raised to Buy at SocGen; PT 70 euros (+)
* Remy Cointreau Cut to Sell at MainFirst; PT 91 euros
* Saipem Cut to Neutral at Mediobanca SpA; PT 3.30 euros
* Sandvik Cut to Hold at Deutsche Bank; PT 150 kronor
* Sensirion Cut to Neutral at JPMorgan; PT 36 Swiss francs
* Severn Trent Cut to Equal-Weight at Barclays; PT 2,410 pence
* Smart Metering Cut to Hold at Liberum; PT 650 pence
* Smith & Nephew Cut to Neutral at Citi; PT 1,700 pence
* Spirax Cut to Underperform at Jefferies; PT 7,310 pence
* SSE Cut to Equal-Weight at Barclays; PT 1,300 pence
* STMicroelectronics Cut to Neutral at JPMorgan; PT 19 euros
* Temenos Cut to Underperform at ZKB (+)
* Tenaris Cut to Underperform at Mediobanca SpA; PT 6.50 euros
* UniCredit Cut to Neutral at UBS; PT 8.50 euros (+)
>>> Initiation
>>> Call
* AB InBev Dividend Cut Welcome, Could Have Gone Further: RBC (+)
* Ashtead Cut to Neutral at Bank of America After Recent Rally (+)
* Bankia Raised to Buy, BBVA Top Pick Among Spanish Banks: Citi
* Burford Downgraded at Peel Hunt on ‘Unnerving’ Cash Prospects (+)
* Credit Suisse Cut at Barclays On Credit Risk; UBS Better Placed (+)
* DSV Panalpina, Kuehne PTs Cut at Citi on ‘Collapsing’ 2Q Volumes
* *EUROPEAN IT SECTOR CUT TO NEUTRAL AT CITI (APRIL 9)
* National Express Update Should Provide Reassurance: Jefferies
* Sandvik Cut at Deutsche Bank, Spinoff Seen Postponed (+)
* Temenos 1Q Update ‘Well Below’ Expectations, MainFirst Says