>>> Up
* Blue Prism Upgraded to Hold at Canaccord; PT 10.50 Pounds (+)
* Cellavision Upgraded to Hold at Pareto Securities; PT 293 Kronor
* Cembra Money Bank Raised to Outperform at Credit Suisse (+)
* DIC Asset Upgraded to Buy at Baader Helvea; PT 13 Euros
* Equinor Upgraded to Neutral at JPMorgan
* Learning Tech Upgraded to Buy at Panmure Gordon; PT 1.50 Pounds (+)
* Lundbeck Upgraded to Hold at ABG; PT 235 Kroner
* Nexi Upgraded to Buy at Citi; PT Set to 10.80 Euros
* Novo Nordisk Upgraded to Buy at Citi
* OMV Upgraded to Overweight at JPMorgan
* PagSeguro Upgraded to Hold at HSBC; PT $42
* PATRIZIA AG Rated New Buy at M.M. Warburg; PT 23 Euros (+)
* Polarcus Upgraded to Buy at SpareBank; PT 1.70 Kroner
* Telia Upgraded to Hold at Berenberg
* Tele2 Upgraded to Buy at Berenberg
* Total Upgraded to Overweight at JPMorgan
* Virbac Upgraded to Buy from Neutral, PT €200 (+)
>>> Down
* DNA Downgraded to Neutral at JPMorgan; PT 22 Euros
* Johnson Matthey Cut to Equal-weight at Barclays; PT 37.90 Pounds
* Reach Subsea Downgraded to Neutral at SpareBank; PT 2 Kroner
* Zalando Cut to Hold at Hauck & Aufhaeuser; Price Target 45 Euros
* Zurich Ins. Cut to Neutral at Mediobanca SpA; PT 370 Francs
>>> Initiation
* Accor Rated New Buy at Jefferies; PT 52 Euros
* Churchill China Rated New Buy at Investec; PT 17.90 Pounds (+)
* Eni Resumed at JPMorgan With Underweight
* Epigenomics Rated New Buy at M.M. Warburg; PT 3.80 Euros (+)
* Gulf Keystone Petroleum Rated New Outperform at Macquarie
* InterContinental Hotels Rated New Buy at Jefferies; PT 62 Pounds
* Metall Zug Rated New Outperform at MainFirst; PT 2,800 Francs
* Nobina Rated New Outperform at RBC; PT 70 Kronor
* PetroNor E&P Rated New Neutral at SpareBank; PT 1.40 Krone
* PNE AG Rated New Buy at Baader Helvea; PT 3.90 Euros|
* PPHE Hotel Rated New Buy at Jefferies; PT 22 Pounds
* St James's Place Re-initiated Buy at Berenberg; PT 11.94 Pounds
* Whitbread Rated New Hold at Jefferies; PT 45 Pounds
>>> Call
* AB InBev Growth Revival Underway, Shares to Extend Gains: Citi
* Accor, IHG Rated Buy as Jefferies Initiates on European Hotels
* Avon Rubber’s Street-High PT Raised at Jefferies After Update (+)
* Basel IV a Major Risk to European Banks’ Capital Returns: Citi
* St James’s Place an Opportunity Following Weakness: Berenberg
* Nexi Is at Attractive Entry Point, Raised to Buy at Citi
* Tele2, Telia Raised After Improving Pricing Trends: Berenberg