>>> Up
* Dufry Raised to Sector Perform at RBC; PT 52 Swiss francs
* Fix Price GDRs Raised to Overweight at Morgan Stanley; PT $9.80
* Hella Cut to Hold at M.M. Warburg (+)
* Provident Raised to Hold at Peel Hunt; PT 324 pence
* Shell Raised to Buy at AlphaValue/Baader
* Zooplus Raised to Hold at Bankhaus Metzler; PT 390 euros (+)
>>> Down
* Avast Cut to Hold at J&T Banka
* Big Yellow Group Cut to Hold at HSBC; PT 1,533 pence
* Boozt Cut to Hold at ABG; PT 190 kronor
* Orsted Cut to Neutral at Goldman; PT 1,130 kroner
* Shurgard Cut to Hold at HSBC; PT 48 euros
* X5 Retail GDRs Cut to Equal-Weight at Morgan Stanley; PT $37
* Zooplus Cut to Sell at Baader Helvea; PT 390 euros
* Zooplus Cut to Hold at Liberum; PT 390 euros
* Zooplus Cut to Sell at M.M. Warburg; PT 390 euros (+)
* Zooplus Cut to Sell at Hauck & Aufhaeuser; PT 225 euros (+)
>>> Initiaton
* Biotalys Rated New Buy at KBC Securities; PT 8.70 euros (+)
* Ericsson Rated New Outperform at Cowen; PT 175 kronor
* Nokia Rated New Outperform at Cowen; PT 7 euros
>>> Call
* Dufry Upgraded With Valuation, Leverage Concerns Priced In: RBC
* Provident Financial Raised at Peel Hunt on Better Credit Metrics