>>> Up
*Alfa Laval Raised to Equal-weight at Barclays
*Autoliv Raised to Buy at Mizuho, PT $130
*Catana Group Raised to Buy at Kepler Cheuvreux, PT EU1.50
*Continental Raised to Buy at Natixis
*Fraport Raised to Neutral at JPMorgan, PT EU85
*Santander Raised to Add at AlphaValue
*Schoeller-Bleckmann Raised to Outperform at Credit Suisse
*Telenor Raised to Overweight at Barclays
>>> Down
*Aena Cut to Underweight at JPMorgan, PT EU164
*Aker Solutions Cut to Underperform at Credit Suisse
*Bouygues Cut to Sell at SocGen, PT EU33
*ExlService Cut to Neutral at Citi
*Hiscox Cut to Neutral at Credit Suisse
*Norma Cut to Hold at Berenberg
*Saipem Cut to Underperform at Credit Suisse
*Sodexo Cut to Equal-weight at Morgan Stanley, PT EU115
*Solteq Cut to Reduce at Inderes, PT EU1.75
>>> initiation
*Alstria Office New Buy at Goldman, PT EU14.50
*Banco BPM New Outperform at Macquarie, PT EU4.20
*Beazley New Outperform at Credit Suisse
*BPER Banca New Outperform at Macquarie, PT EU6.20
*Essity New Buy at Liberum, PT SEK285
*Intesa New Neutral at Macquarie, PT EU3.10
*KAZ Minerals New Buy at Goldman, PT 700p
*Lancashire New Underperform at Credit Suisse
*Mediobanca New Neutral at Macquarie, PT EU9.10
*STV Group New Buy at Panmure Gordon & Co, PT 460p
*UBI Banca New Neutral at Macquarie, PT EU4.40
*UniCredit New Outperform at Macquarie, PT EU21
>>> Call
>> Stock
*OSRAM REPLACES PROSIEBENSAT.1 ON BANKHAUS LAMPE’S ALPHA LIST