>>> Up
* 1&1 Drillisch Raised to Buy at LBBW; PT 25 euros (+)
* Aareal Bank Raised to Buy at HSBC; PT 21 euros
* Acerinox Raised to Buy at Oddo BHF; PT 9 euros (+)
* Chemring Group Raised to Buy at Berenberg; PT 235 pence
* Deutsche Boerse Raised to Equal-Weight at Morgan Stanley
* Domino's Pizza Group Raised to Buy at Canaccord; PT 320 pence (+)
* Husqvarna Raised to Buy at Danske Bank Markets; PT 70 kronor (+)
* InterContinental Hotels Raised to Outperform at RBC
* Intesa Sanpaolo Raised to Buy at Banca Akros (ESN) (+)
* Jenoptik Raised to Buy at DZ Bank; PT 19 euros (+)
* J D Wetherspoon Raised to Buy at HSBC; PT 1,020 pence
* M&G Raised to Outperform at RBC; PT 160 pence
* Man Group Raised to Overweight at Morgan Stanley; PT 154 pence
* Marks & Spencer Raised to Buy at Investec; PT 140 pence (+)
* Marston's Raised to Hold at HSBC; PT 40 pence
* Mitchells & Butlers Raised to Buy at HSBC; PT 270 pence
* NNIT Raised to Hold at SEB Equities; PT 85 kroner
* Premier Foods Raised to Buy at Shore Capital (+)
* Proximus Raised to Hold at Deutsche Bank; PT 21 euros
* Remedy Entertainment Raised to Buy at Inderes; PT 18 euros
* Rio Tinto Raised to Outperform at BMO; PT 4,200 pence
* LSE Cut to Reduce at AlphaValue
* Sabadell Cut to Sell at SocGen; PT 39 euro cents
* SCA Cut to Hold at SEB Equities; PT 103 kronor
* Ultra Electronics Raised to Buy at Berenberg; PT 2,300 pence
* Valora Raised to Hold at MainFirst; PT 200 Swiss francs (+)
* Voltabox Raised to Hold at Hauck & Aufhaeuser; PT 4 euros (+)
>>> Down
* 3i Cut to Equal-Weight at Morgan Stanley; PT 880 pence
* Anglo American Cut to Market Perform at BMO; PT 1,400 pence
* Antofagasta Cut to Market Perform at BMO; PT 750 pence
* Ashmore Cut to Equal-Weight at Morgan Stanley; PT 386 pence
* Beneteau Cut to Reduce at Oddo BHF (+)
* BIC Cut to Reduce at Oddo BHF (+)
* Continental AG PT Cut to 55 euros from 110 euros at Barclays (+)
* Demant Cut to Sell at Handelsbanken
* Fortum Oyj Cut to Reduce at HSBC; PT 12 euros
* Gestamp PT Cut to 2 euros from 3.20 euros at Barclays (+)
* GN Store Nord Cut to Neutral at JPMorgan; PT 324 kroner
* GrandVision Cut to Hold at ABN Amro Bank; PT 25.50 euros (+)
* Huhtamaki Oyj PT Cut to 35 euros from 50 euros at Berenberg
* KPN Cut to Equal-Weight at Morgan Stanley; PT 2.70 euros
* Lufthansa Cut to Sell at LBBW; PT 6 euros (+)
* Maisons du Monde Cut to Reduce at Oddo BHF (+)
* Nemetschek Cut to Equal-Weight at Morgan Stanley
* Nemetschek PT Cut to 39 euros from 63 euros at Barclays (+)
* Novozymes Cut to Sell at Goldman; PT 300 kroner (+)
* Safran Cut to Market Perform at Bernstein; PT 83 euros
* Standard Life Aberdeen Cut to Underweight at Morgan Stanley
* Talenom Cut to Reduce at Inderes; PT 6 euros (+)
* Uniper Cut to Reduce at HSBC; PT 21 euros
* Valeo Cut to Equal-Weight at Barclays; PT 15 euros (+)
>>> Initiation
* Buzzi Unicem Resumed Buy at Citi; PT 22.50 euros
* Sixt Rated New Buy at Jefferies; PT 80 euros
>>> Call
* European Earnings, Dividends Should Fall 40% This Year: Barclays (+)
* Asos Should Consider Equity-Raising Options, Berenberg Says (+)
* Citi Sees Ad Revenue for Media Owners Dropping 20% in 2020 (+)
* DNB Estimates Cut, Outlook Pressured by Virus, Oil Price: SHB (+)
* *EUROPEAN ENERGY SECTOR CUT TO UNDERWEIGHT AT BARCLAYS(+)
* *EUROPEAN TELECOMS RAISED TO MARKET WEIGHT AT BARCLAYS (+)
* *EUROPEAN HEALTH-CARE SECTOR RAISED TO OVERWEIGHT AT BARCLAYS (+)
* IHG’s Defensive Model Undervalued, RBC Upgrades to Outperform
* Proximus Raised to Hold at Deutsche Bank as CMD Reassures (+)
* MS Cautious on EU Asset Managers, Prefers Private Players
* Reasons for Munich Re’s Guidance Pull Unclear, Citigroup Says (+)
* U.K. Bank Stocks May Underperform Peers on Dividend Cuts: Citi
* Ultra, Chemring Raised as Defense Should Be Defensive: Berenberg