>>> Up
* Aareal Bank Raised to Neutral at Citi
* A.G. Barr Raised to Buy at Liberum; PT 625 pence
* Ageas Raised to Overweight at JPMorgan; PT 43.39 euros
* *ALTICE USA RAISED TO STRONG BUY FROM BUY AT CFRA
* AO World Raised to Buy at Shore Capital
* Apple PT Raised to $310 from $300 at Piper Sandler
* Apple PT Raised to $326 from $298 at Morgan Stanley
* Atresmedia Raised to Neutral at JPMorgan; PT 2.90 euros
* BioMerieux Raised to Buy at Portzamparc; PT 96.50 euros
* Carlsberg Raised to Buy at Goldman; PT 970 kroner (+)
* Carrefour Raised to Buy at LBBW; PT 17 euros
* Dechra Pharma Raised to Buy at Jefferies; PT 3,185 pence
* DSV Panalpina Raised to Hold at Handelsbanken; PT 700 kroner
* Geberit Raised to Neutral at Credit Suisse; PT 450 Swiss francs (+)
* Hilton Food Raised to Buy at HSBC; PT 1,320 pence
* Infineon Cut to Neutral at Citi (+)
* Logwin Raised to Buy at Pareto Securities; PT 152 euros
* Loomis Raised to Hold at Nordea (+)
* Lundin Energy Raised to Hold at Arctic Securities
* Medistim Raised to Buy at SpareBank; PT 200 kroner
* Next Raised to Buy at HSBC; PT 5,570 pence
* Spar Nord Raised to Hold at ABG; PT 50 kroner
* Storebrand Raised to Buy at Pareto Securities; PT 60 kroner
* TeamViewer PT Raised to 47 euros from 37 euros at RBC
* Trainline Raised to Add at Peel Hunt
* Whitbread Raised to Buy at UBS; PT 3,610 pence
>>> Down
* Aker BP Cut to Hold at Norne Securities; PT 180 kroner (+)
* DNB Cut to Equal-Weight at Morgan Stanley; PT 133 kroner
* Equinor Cut to Hold at Pareto Securities; PT 150 kroner (+)
* Gilead Cut to Market Perform at Raymond James
* Gilead Cut to Sell at SunTrust; PT $70
* Greggs Cut to Sell at Peel Hunt; PT 1,500 pence
* H&M Cut to Sector Perform at RBC; PT 145 kronor
* Hargreaves Lansdown Cut to Hold at Liberum
* Huhtamaki Oyj PT Raised to 40 euros from 35 euros at Berenberg (+)
* IAG Cut to Neutral at Goldman
* ICADE Cut to Reduce at AlphaValue
* Infineon Cut to Neutral at JPMorgan; PT 18.50 euros
* Lundin Energy Cut to Hold at Nordea (+)
* Lundin Energy Cut to Hold at Danske Bank Markets; PT 240 kronor
* Lundin Energy Cut to Hold at SEB Equities; PT 250 kronor
* Lundin Energy Cut to Hold at Handelsbanken; PT 260 kronor
* Mediaset Cut to Neutral at Banca Akros (ESN); PT 1.85 euros (+)
* Nokian Renkaat Cut to Sell at SEB Equities; PT 17.50 euros
* Oerlikon Cut to Add at AlphaValue
* Orpea Cut to Neutral at Oddo BHF; PT 100 euros (+)
* Palfinger Cut to Hold at Hauck & Aufhaeuser; PT 21 euros ~(+)
* SAP Cut to Reduce at AlphaValue
* Shell Cut to Hold at Berenberg; PT 16.70 euros
* Shell PT Cut to 1,050 pence from 1,160 pence at Morgan Stanley
* Shell Cut to Hold at HSBC; PT 1,571.79 pence
* Shell ADRs Cut to Hold at HSBC; PT $39.40
* Shell Cut to Hold at Panmure Gordon; PT 1,200 pence
* SNP Schneider-Neureither Cut to Hold at Bankhaus Metzler (+)
* SocGen Cut to Neutral at Citi
* Standard Chartered Cut to Neutral at Macquarie; PT 450 pence
* STMicroelectronics Cut to Neutral at Citi (+)
* Swiss Re Cut to Sell at LBBW; PT 65 Swiss francs
* Telefonica Cut to Hold at Jefferies; PT 4.40 euros
* Tenaris Cut to Hold at Jefferies; PT 6.40 euros
* Tenaris ADRs Cut to Hold at Jefferies; PT $14.72
* UBS Cut to Hold at Berenberg; PT 11 Swiss francs
* Virbac Cut to Hold at Jefferies; PT 186 euros
* Wirecard Cut to Hold at HSBC; PT 105 euros
* Wirecard Cut to Neutral at Oddo BHF; PT 105 euros (+)
>>> Initiation
* AB Dynamics Rated New Buy at Berenberg; PT 2,050 pence
* Accrol Group Rated New Buy at Liberum; PT 75 pence
* Anexo Rated New Buy at Berenberg; PT 190 pence
* Care Property Invest NV Rated New Buy at Berenberg
* Euronext Resumed Overweight at Morgan Stanley; PT 86.80 euros
* Hotel Chocolat Group PLC Reinstated Buy at Liberum (+)
* Novo Nordisk ADRs Rated New Market Perform at Cowen; PT $72
* Rentokil Reinstated Overweight at Morgan Stanley; PT 540 pence
* SigmaRoc Rated New Buy at Peel Hunt; PT 70 pence
>>> Call
* Allianz 1Q Profit In Line, No Mention of Dividend Cut: Berenberg
* Barratt Developments Update Reassuring, Liquidity Strong: Citi
* Citi Turns Cautious on European Semis, Cuts STMicro and Infineon (+)
* Dechra More Defensive Than Virbac, Ratings Switched: Jefferies
* *DIXONS CARPHONE RATED BUY AT LIBERUM, PT 135P; WAS UNDER REVIEW (+)
* Greggs Downgraded After Store Reopening Trial Halted: Peel Hunt
* H&M Short-Term Challenging, Consensus Too High, Stock Cut at RBC
* Inchcape’s New CEO Has Highly Suitable Credentials: Jefferies (+)
* Societe Generale Downgraded at Citi With ‘Bumpy Road’ Ahead
* TeamViewer Well-Placed For Pandemic-Driven Digital Shift: RBC
* Telefonica Cut at Jefferies, Virgin Media Deal ‘No Panacea’
* Trainline Facing ‘Tricky’ Period But Will Bounce Back: Peel Hunt