>>> Up
* Adidas Raised to Outperform at Exane; PT 325 euros
* ADVA Optical Raised to Buy at FMR Frankfurt Main; PT 10 euros
* Aena Raised to Overweight at JPMorgan; PT 160 euros
* Anglo American Cut to Neutral at JPMorgan; PT 2,900 pence
* Antofagasta Raised to Neutral at JPMorgan; PT 1,170 pence
* Bureau Veritas Raised to Buy at Deutsche Bank; PT 26 euros
* Deutsche Bank Raised to Market Perform at KBW; PT 11 euros
* Generali Raised to Outperform at Exane; PT 18 euros
* Hapag-Lloyd PT Raised to 128 euros at Deutsche Bank
* LSE PT Raised to 11,810 pence from 9,510 pence at Berenberg
* Maersk PT Raised at Morgan Stanley as Rates Tailwind Continues
* Nordex PT Raised to 30 euros from 23 euros at Jefferies
* Rotork Upgraded With Four Reasons to Buy at Peel Hunt
* Sartorius Raised to Buy at LBBW; PT 420 euros
* Swissquote Raised to Add at AlphaValue
* Temenos Raised to Equal-Weight at Barclays; PT 118 Swiss francs
* Topdanmark Raised to Buy at SEB Equities; PT 305 kroner
>>> Down
* ABN AMRO GDRs Cut to Underweight at Morgan Stanley; PT 9 euros
* ABN AMRO GDRs Cut to Underweight at Morgan Stanley; PT 9 euros
* Aegon Cut to Sell at SocGen
* Atlas Copco Cut to Sell at Berenberg; PT 390 kronor
* Boliden Cut to Neutral at JPMorgan; PT 335 kronor
* British Land Cut to Underperform at RBC; PT 400 pence
* FuelCell Cut to Underweight at JPMorgan; PT $10
* Glencore Cut to Neutral at Goldman; PT 290 pence
* Natixis Cut to Hold at Jefferies; PT 3.10 euros
* Orsted Cut to Hold at SEB Equities; PT 1,300 kroner
* Telefonica Cut to Underperform at Jefferies; PT 3.20 euros
* Tryg Cut to Hold at SEB Equities; PT 201 kroner
>>> Initiation
* Schaltbau Reinstated Hold at GSC Research; PT 34 euros
* Nagarro Rated New Hold at Commerzbank; PT 94 euros
>>> Call
* Atlas Copco Cut at Berenberg After Consensus Seen Too High
* British Land Downgraded as Re-Rating at Odds With Outlook: RBC
* Berenberg Broadly Negative on Europe’s Construction Sector
* Carrefour Talks Reignite Colruyt Delisting Speculation: KBC (1)
* Telefonica, Swisscom May Lag Telecom’s ‘Covid Unwind’: Jefferies