>>> Up
* Aker BP Raised to Buy at Jefferies
* Axfood Raised to Hold at Danske Bank Markets; PT 175 kronor 9+)
* Bechtle Raised to Hold at Hauck & Aufhaeuser; PT 80 euros (+)
* Danone Raised to Overweight at JPMorgan; PT 65 euros
* Dassault Aviation Raised to Overweight at Morgan Stanley
* Essity Raised to Overweight at JPMorgan; PT 295 kronor
* Fagron Raised to Buy at ABN Amro Bank
* Informa Raised to Neutral at Goldman; PT 729 pence (+)
* Intertek Raised to Neutral at Credit Suisse; PT 4,550 pence
* Lufthansa Cut to Sell at Nord/LB; PT 7 euros
* Just Eat Takeaway Raised to Buy at Jefferies; PT 87.71 euros
* Linde Raised to Buy at Banco Sabadell; PT $200.81
* Pearson Raised to Neutral at Goldman; PT 605 pence (+)
* Rightmove Raised to Buy at Goldman; PT 668 pence (+)
* Sampo Raised to Buy at SEB Equities; PT 28.70 euros
* Sanofi Raised to Equal-Weight at Barclays; PT 80 euros
* Standard Chartered Raised to Hold at HSBC; PT 480 pence
* Sweco Raised to Buy at Handelsbanken; PT 300 kronor
* Tenaris Raised to Overweight at Morgan Stanley; PT 7 euros
* Wolters Kluwer Raised to Neutral at Goldman; PT 70.70 euros (+)
>>> Down
* Air France-KLM Cut to Hold at SocGen; PT 4.50 euros
* Alfa Laval Cut to Hold at SEB Equities; PT 180 kronor
* B&O Cut to Sell at Danske Bank Markets; PT 20 kroner (+)
* Banco Santander Cut to Reduce at AlphaValue
* Beiersdorf Cut to Neutral at JPMorgan; PT 85 euros
* HSBC Cut to Sell at AlphaValue
* Intesa Sanpaolo Cut to Sell at AlphaValue
* Lloyds Cut to Sell at AlphaValue
* L'Oreal Cut to Neutral at JPMorgan; PT 220 euros
* Pernod Ricard Cut to Neutral at JPMorgan; PT 130 euros
* PRISA Cut to Neutral at JB Capital Markets; PT 98 euro cents (+)
* TF1 Cut to Neutral at Goldman; PT 7.50 euros (+)
* Tullow Cut to Underperform at Jefferies
* UniCredit Cut to Sell at AlphaValue
* Vinci Cut to Sell at DZ Bank; PT 51 euros 9+)
* VW PT Cut to 100 euros from 120 euros at Nord/LB (+)
>>> Initiation
* Orion Reinstated Sell at Goldman; PT 28 euros
* Solaria Energia Rated New Buy at SocGen; PT 10.50 euros
>>> Call
* Dassault Aviation Upgraded on Catalysts, Optionality: MS
* Dixons Store Closures to Be Taken Positively, Citi Says
* Sanofi Raised at Barclays; Pharma to Emerge Stronger From Crisis (+)
* Oil Explorers Now in ‘Basic Survival Mode,’ Jefferies Says