>>> Up
*Bayer Raised to Buy at Jefferies
*Bristol-Myers Raised to Buy at Jefferies
*Grenke Raised to Buy at Berenberg
>>> Down
*Carnival Cut to Hold at Berenberg
*IMG LN Cut to Equal-Weight at Morgan Stanley
*Lenzing Cut to Hold at Berenberg
*Merck & Co Cut to Underperform at Jefferies
*Trelleborg Cut to Hold at Kepler Cheuvreux, PT SEK185
*UnipolSai Cut to Neutral at MedioBanca, PT EU2.20
>>> PT Change
>>> Initiation
>>> Call