>>> Up
* Aena Upgraded to Buy at Deutsche Bank
* Ahold Delhaize Upgraded to Buy at HSBC; PT 21 Euros
* BASF Upgraded to Buy at Independent Research; PT 102 Euros
* BioMerieux Downgraded to Hold at Kepler Cheuvreux; PT 68 Euros
* Devro Upgraded to Hold at Berenberg
* DSV Upgraded to Buy at Stifel; PT 544 Kroner
* Elementis Upgraded to Buy at Jefferies
* Kering Upgraded to Outperform at Credit Suisse; PT 460 Euros
* LEG Immobilien Upgraded to Buy at Bankhaus Lampe
* Sandvik Upgraded to Buy at Jefferies
* SFS Raised to Hold at Kepler Cheuvreux; Price Target 115 Francs
* Sky Upgraded to Reduce at AlphaValue
* Smith & Nephew Upgraded to Add at AlphaValue
* Terna Upgraded to Hold at HSBC; Price Target 4.50 Euros
>>> Down
* Gerry Weber Downgraded to Sell at DZ Bank; PT 6.90 Euros
* Hikma Downgraded to Underweight at Barclays; PT 8 Pounds
* ITV Downgraded to Equal-weight at Barclays; PT 1.80 Pounds
* ITV Downgraded to Hold at HSBC; PT 1.80 Pounds
* Salvatore Ferragamo Downgraded to Hold at Deutsche Bank
* Siili Solutions Downgraded to Reduce at Inderes; PT 12.50 Euros
>>> Initiation
* Card Factory Rated New Hold at Berenberg; PT 2 Pounds
* Genmab Rated New Overweight at Barclays; PT 1,475 Kroner
* Metso Rated New Hold at Jefferies; PT 27 Euros
* Outotec Rated New Underperform at Jefferies; PT 6 Euros
>>> Call