>>> Up
* AstraZeneca Raised to Hold at Deutsche Bank; PT 11,700 pence (+)
* Axfood Raised to Buy at Nordea; PT 285 kronor
* Eli Lilly Raised to Buy at Berenberg; PT $1,400
* Fevertree Drinks Raised to Buy at Goodbody; PT 1,000 pence (+)
* Fevertree Drinks Raised to Buy at Kepler Cheuvreux; PT 910 pence (++)
* GSK Raised to Buy at Berenberg; PT 2,200 pence
* GSK ADRs Raised to Buy at Berenberg; PT $60
* Hemnet Raised to Overweight at Morgan Stanley; PT 102 kronor
>>> Down
* Hemnet Raised to Overweight at Morgan Stanley; PT 102 kronor
>>> Down
* Cellectis ADRs Cut to Market Perform at Citizens
* Evonik Cut to Equal-Weight at Morgan Stanley; PT 18 euros
* Evonik Cut to Equal-Weight at Morgan Stanley; PT 18 euros
* Helleniq Energy Cut to Hold at Eurobank Equities; PT 17.50 euros (++)
* Lundbeck Cut to Sell at Deutsche Bank; PT 36 kroner (+)
>>> Initiation
* Bentley Systems Rated New Overweight at Cantor; PT $37
>>> Initiation
* Bentley Systems Rated New Overweight at Cantor; PT $37
* Capital Tankers Rated New Buy at ABG; PT 226 kroner
* GEK TERNA SA Reinstated Outperform at NBG Securities (++)
* JOST Werke Rated New Buy at Kepler Cheuvreux; PT 83 euros (++)
* Magnum Ice Cream Rated New Neutral at Citi; PT 17.70 euros
* Medacta Rated New Hold at Deutsche Bank; PT 121 Swiss francs
* Nokia ADRs Rated New Buy at Rosenblatt Securities Inc
* OMC Tankers GDRs Rated New Buy at ABG; PT 40 kroner
* Ondine Biomedical Rated New Buy at Peel Hunt; PT 29 pence
* Philip Morris Reinstated Buy at William O'Neil
* Rivian Rated New Neutral at Citi; PT $18
* Schott Pharma Rated New Overweight at JPMorgan; PT 27.10 euros
* UniCredit Rated New Sector Perform at RBC; PT 90 euros
>>> Call
>>> Call
* Ambu Slips as UBS Cuts to Neutral, Says Reset Is Required (++)
* Axfood Raised to Buy at Nordea as Food Inflation Seen Returning (+)
* Bearish Stock Bets Leave Asia With Weakest Positioning: Citi
* Bearish Stock Bets Leave Asia With Weakest Positioning: Citi
* BlackRock Raises EM Equities Back to Overweight on AI, Earnings
* Evonik Downgraded at Morgan Stanley on Methionine Price Risk
* GSK Upgraded to Buy at Berenberg on Strong Pipeline Momentum (+)
* Lundbeck Drops as Deutsche Bank Cuts on Looming Patent Cliff (++)
* Magnum Ice Cream Neutral at Citi, More Negative Skew Into 2027
* Morgan Stanley Adds 15 Stocks to European Overweight Top Picks (++)
* Repsol and Neste Gain; Remain Top Refining Picks at Jefferies (++)
* Schott Pharma New Overweight at JPMorgan on Supportive Trends