>>> Up
* Spirent Raised to Buy at Berenberg; PT 250 pence
* TUI Raised to Reduce at AlphaValue/Baader
>>> Down
* Seagen Cut to Equal-Weight at Morgan Stanley; PT $229
>>> Initiation
* Bank of Cyprus Rated New Buy at Numis; PT 507 pence
* E.On Reinstated Hold at HSBC; PT 11 euros
* Encavis Rated New Buy at HSBC; PT 23 euros
* Endesa Reinstated Hold at HSBC; PT 20 euros
* Enel Reinstated Buy at HSBC; PT 6.70 euros
* Future PLC Rated New Hold at Jefferies; PT 1,300 pence
* NextEra Energy Rated New Buy at HSBC; PT $90
* Snam Reinstated Hold at HSBC; PT 5 euros
* Terna Reinstated Hold at HSBC; PT 8 euros
* Wise Rated New Neutral at New Street Research; PT 600 pence
>>> Call
* Europe Bank Stocks Still Vulnerable to Short-Term Weakness: Citi
* Future Plc New Hold at Jefferies, Wants Visibility on Outlook
* Spirent Offers Great Entry Point, Upgraded to Buy at Berenberg