>>> Up
* AA PLC Raised to Hold at Berenberg; PT 30 pence
* Aegon Raised to Overweight at JPMorgan; PT 2.80 euros
* Airbus Raised to Buy at Berenberg; PT 76 euros
* Banco Santander Raised to Buy at Oddo BHF; PT 2.10 euros
* Beazley Raised to Hold at Peel Hunt; PT 325 pence
* Coca-Cola HBC Raised to Buy at Goldman; PT 2,500 pence
* Covestro Raised to Buy at MainFirst; PT 53 euros (+)
* Daimler Raised to Buy at M.M. Warburg; PT 56 euros (+)
* Exel Raised to Buy at Gilbert Dupont; PT 48 euros (+)
* Goodyear Raised to Buy at Northcoast; PT $12
* Grand City Properties Raised to Buy at Hauck & Aufhaeuser (+)
* Grifols Raised to Neutral at Citi
* Puma Raised to Reduce at AlphaValue
* Telenor Raised to Hold at SocGen; PT 150 kroner
* Xaar Raised to Buy at Investec; PT 160 pence (+)
>>> Down
* Altice Europe Cut to Neutral at Exane; PT 4.20 euros
* Bayer Cut to Hold at HSBC; PT 59 euros
* Bayer Cut to Neutral at Citi; PT 51.50 euros
* Boliden Cut to Hold at Deutsche Bank; PT 265 kronor
* Boohoo Cut to Underperform at Credit Suisse; PT 320 pence (+)
* Britvic Cut to Neutral at Goldman; PT 910 pence
* CaixaBank Cut to Neutral at Oddo BHF; PT 2.70 euros
* DCC Cut to Sell at Goldman; PT 5,000 pence
* Hurricane Energy Cut to Hold at Investec; PT 4 pence (+)
* Elisa Rated New Sell at SocGen; PT 40 euros
* Koenig & Bauer Cut to Hold at HSBC; PT 20 euros
* Ossur HF Rated New Buy at DNB Markets; PT 51.61 kroner (+)
* Rubis Cut to Neutral at Goldman; PT 40 euros
>>> Initiation
* Borussia Dortmund Rated New Hold at MainFirst; PT 6 euros
* Elop Rated New Buy at Arctic Securities; PT 11 kroner (+)
* ISS Reinstated Underweight at Morgan Stanley; PT 80 kroner
* Orsted Rated New Buy at Berenberg; PT 1,060 kroner
* RPS Group Rated New Buy at Berenberg; PT 60 pence
* Siemens Gamesa Reinstated Equal-Weight at Morgan Stanley
>>> Call
* Airbus Upgraded at Berenberg on More Confidence About Production (+)
* AA Plc Likely To Get Offer With Little Premium, Berenberg Says
* Asos, AB Foods and BAT Added to RBC’s Global Best Ideas List
* Bayer’s ‘Equity Story Has Diminished’ After Warning, Citi Says (+)
* Beazley Loses Only Negative Call, Risks Now Balanced: Peel Hunt
* ISS Growth, Margins Seen Staying Under Pressure: Morgan Stanley
* Orsted a Buy as Growth Potential Too Big to Ignore: Berenberg
* Siemens Gamesa ‘Compelling,’ But Upside Limited: Morgan Stanley
* Vestas Cements Leadership With EU3.6b Orders in 3Q: Sydbank
* Veolia-Engie Statements Indicates Progress Being Made: Jefferies (+)