>>> Up
* Base Resources Raised to Buy at Peel Hunt
* Chemring Group Raised to Overweight at Barclays; PT 380 pence
* Dixons Carphone Raised to Outperform at RBC; PT 150 pence
* Fresnillo Raised to Buy at Peel Hunt
* Hiscox Raised to Hold at HSBC; PT 1,070 pence
* Infineon Raised to Buy at Goldman; PT 42.70 euros
* Land Sec. Raised to Buy at Kempen & Co; PT 730 pence
* NatWest Raised to Buy at SocGen; PT 190 pence
* Pure Gold Mining Raised to Buy at Peel Hunt
* Richemont Raised to Buy at Deutsche Bank; PT 100 Swiss francs
* Shurgard Self Storage Raised to Buy at Kempen & Co
* Thyssenkrupp PT Raised to 13 euros from 8 euros at Deutsche Bank
* Traton PT Raised to 30 euros from 22 euros at Deutsche Bank
* WDP Raised to Buy at Kempen & Co; PT 31 euros
* Wihlborgs Raised to Neutral at Kempen & Co; PT 180 kronor
>>> Down
* Aena Cut to Reduce at HSBC; PT 125 euros
* Altice Europe Cut to Neutral at Kempen & Co; PT 5.35 euros
* Antofagasta Cut to Reduce at Peel Hunt
* Blue Prism Cut to Hold at Berenberg; PT 1,375 pence
* Capital & Counties Cut to Sell at Kempen & Co; PT 120 pence
* Entra Cut to Sell at Kempen & Co; PT 190 kroner
* Eurocommercial GDRs Cut to Sell at Kempen & Co; PT 13.20 euros
* First Quantum Minerals Cut to Market Perform at BMO; PT C$23
* Intervest Offices & Warehouses NV Cut to Neutral at Kempen & Co
* KAZ Minerals Cut to Hold at Peel Hunt
* Klepierre Cut to Neutral at Kempen & Co; PT 18.60 euros
* LEG Immobilien Cut to Neutral at Kempen & Co; PT 127 euros
* Orsted Cut to Hold at Jefferies; PT 1,100 kroner
* Safestore Cut to Neutral at Kempen & Co; PT 850 pence
* SAS Cut to Hold at HSBC; PT 1.70 kronor
* Symrise Cut to Underweight at Morgan Stanley; PT 90 euros
* Symrise Cut to Sell at SocGen; PT 90 euros
* Unibail Cut to Sell at Kempen & Co; PT 52 euros
* Yara Cut to Hold at SEB Equities; PT 380 kroner
>>> Initiation
* Bellevue Group Rated New Market Perform at KBW
* Orpea SA Rated New Buy at Jefferies; PT 135 euros
* Sdiptech Rated New Buy at Berenberg; PT 360 kronor
* SSE Reinstated Buy at Jefferies; PT 1,770 pence
>>> Call
* Dixons Carphone Upgraded at RBC With Electricals Position Strong
* Peel Hunt Prefers Smallcaps, Value and Income Picks in Miners
* Orpea Initiated Buy at Jefferies on Strong Growth Potential
* Orsted Cut as Weak Guidance to Keep Lid on Stock, Jefferies Says
* Royal Unibrew Seen Announcing DKK100m Buyback, Citi Cuts PT
* Symrise Near-Term Targets Seem ‘Optimistic’: Morgan Stanley
* Richemont, Swatch PTs Lifted at Bernstein on Watch Export Demand