>>> Up
* Infineon PT Raised to 20 euros from 18 euros at Jefferies
* Pop. Sondrio Raised to Buy at Jefferies; PT 5 euros
* Teleperformance Raised to Buy at Citi; PT 300 euros
* United Internet Raised to Buy at HSBC; PT 27 euros
>>> Down
* Aegean Air Cut to Hold at Wood & Company; PT 5.50 euros
* Alphabet PT Cut to $120 from $125 at Morgan Stanley
* Abrdn plc Cut to Underperform at Exane; PT 195 pence
* Aston Martin Cut to Underperform at Jefferies; PT 120 pence
* Basler Cut to Hold at Berenberg; PT 35 euros
* B&M European Cut to Hold at Numis; PT 400 pence
* Deutsche PBB PT Cut to 6.80 euros at Bankhaus Metzler
* ERG Cut to Neutral at Intermonte; PT 35 euros
* Fila Cut to Outperform at Intermonte; PT 9 euros
* ITM Power Cut to Hold at Jefferies; PT 105 pence
* Kainos Cut to Hold at Panmure Gordon; PT 1,450 pence
* Meta Platforms PT Cut to $100 from $105 at Morgan Stanley
* MorphoSys Cut to Hold at Stifel; PT 16 euros
* Novo Nordisk Cut to Sell at Handelsbanken
* Roche Cut to Market Perform at Cowen; PT 367 Swiss francs
* Roche ADRs Cut to Market Perform at Cowen; PT $48
* Roche Cut to Hold at Stifel; PT 345 Swiss francs (+)
* SIG Group Cut to Hold at Stifel; PT 23.30 Swiss francs
* Vesuvius Cut to Add at Numis; PT 450 pence (+)
* Wartsila Cut to Accumulate at Inderes; PT 9 euros
* Zur Rose Cut to Sell at Deutsche Bank; PT 24 Swiss francs
>>> Initiation
* Advanced Medical Rated New Buy at Liberum; PT 339 pence
* Aluflexpack Rated New Buy at Stifel; PT 25 Swiss francs
* Azerion Group N.V Rated New Buy at Berenberg; PT 8.60 euros
* ConvaTec Rated New Buy at Liberum; PT 265 pence
* Egetis Therapeutics AB Rated New Buy at Bryan Garnier
* Hikma Rated New Outperform at Credit Suisse; PT 1,700 pence
* Kinovo PLC Rated New Speculative Buy at Canaccord; PT 52 pence (+)
* Porsche AG Rated New Buy at Bankhaus Metzler; PT 130 euros (+)
* Renewi Reinstated Buy at Liberum; PT 865 pence
* Smith & Nephew Rated New Hold at Liberum; PT 1,120 pence
* Zignago Vetro Rated New Hold at Stifel; PT 15 euros
>>> Call
* Abrdn Cut at Exane BNP on ‘Unattractive’ Risk-Reward After Rally
* Aston Martin Cut at Jefferies on Likely Further Recapitalization
* Azerion New Buy at Berenberg on Double-Digit Growth Potential
* Basler Downgraded at Berenberg on Expected Slowdown in 2023
* Deutsche Bank Cuts Zur Rose to Sell, Slashes Shop Apotheke’s PT (+)
* Hapag Lloyd PT Cut on Weaker Demand, Freight Rates Collapse: DB (+)
* Hikma New Outperform at CS as US Generics Concerns Seen Overdone
* ITM Power Downgraded at Jefferies, Nel Is Top EU Hydrogen Pick
* JPMorgan’s Kolanovic Trims Bullish Stocks Call on Recession Risk
* Nordex’s Supply Chains to Weigh on Profitability, Says Jefferies (+)
* Novo Nordisk Cut to Sell at Handelsbanken on ‘Competitive Noise’
* Teleperformance Upgraded to Buy at Citi Following Recent Slump
* Vesuvius Update to Prompt Meaningful FY22 Upgrades: Jefferies (+)