>>> Up
* Aker BP Raised to Buy at DNB Markets; PT 285 kroner
* DSM Raised to Accumulate at KBC Securities
* Hapag-Lloyd Raised to Buy at Deutsche Bank; PT 265 euros
* Kuehne + Nagel Raised to Buy at Deutsche Bank
* Maersk Raised to Buy at Deutsche Bank; PT 23,500 kroner
* NB Aurora SA Sicaf-Raif Raised to Buy at Intesa Sanpaolo (+)
* Telia Raised to Neutral at Citi; PT 37 kronor
>>> Down
* BHP Group PLC Cut to Equal-Weight at Barclays; PT 2,000 pence
* Cairn Energy Cut to Hold at Investec; PT 210 pence
* Carlsberg Cut to Sell at Berenberg; PT 883 kroner
* Delivery Hero Cut to Neutral at Oddo BHF; PT 135 euros
* Fine Foods & Pharma Cut to Accumulate at Banca Akros (+)
* IAG Cut to Neutral at Exane; PT 170 pence
* Kering Cut to Reduce at AlphaValue/Baader
* LVMH Cut to Reduce at AlphaValue/Baader
* Media & Games Invest Cut to Hold at Hauck & Aufhaeuser (+)
* Merck KGaA Cut to Sell at UBS; PT 170 euros (+)
* Savencia Cut to Neutral at Oddo BHF (+)
* Tecnicas Reunidas Cut to Neutral at JPMorgan; PT 9.50 euros
>>> Initiation
* 2020 Bulkers Rated New Buy at HC Wainwright; PT 181 kroner
* Fluidra Maintained Hold at Grupo Santander
* OEM International Rated New Buy at SEB Equities; PT 201 kronor
* Tethys Oil Rated Buy at Pareto Securities
>>> Call
* Carlsberg Double-Downgraded at Berenberg on ‘Inflation Storm’
* Deutz PT Raised at Warburg on Guidance Lift, End Markets Strong (+)
* Inditex Upgraded Amid Strong Fashion Recovery: Jefferies
* ITM Power Cut to Sell at Berenberg as Risks Playing Out
* JD Sports Results Ahead of Even Most Bullish Hopes: Peel Hunt (+)
* Luxury ‘Very Vulnerable’ to China, Alphavalue Cuts LVMH, Kering (+)
* Ocado Shares Seen Reacting Negatively to Erith Fire Impact: MS (+)
* Telia Raised to Neutral at Citi on Better Market Conditions (1)