>>> Up
* Alfa Laval Raised to Buy at Citi
* AstraZeneca Raised to Hold at Independent Research, PT 4,650p
* Aviva Raised to Outperform at Macquarie
* National Grid Raised to Buy at Berenberg
* Schneider Raised to Hold at Jefferies, PT EU60
* Verbund Raised to Buy at SocGen, PT EU19.90
>>> Down
* Allied Minds Cut to Underperform at Jefferies, PT 124p
* ASMI Cut to Equal-weight at Morgan Stanley, PT EU52
* AstraZeneca Cut to Add at AlphaValue
* Enel Cut to Hold at Independent Research, PT EU5.30
* UBI Banca Cut to Hold at SocGen, PT EU4
* Valora Cut to Hold at Baader-Helvea, PT CHF350
>>> Initiation
* Castellum New Overweight at JPMorgan, PT SEK152
>>> Call
>> Stock
* Credit Suisse Added to Focus List Europe at Citigroup