>>> Up
* Bakkafrost Upgraded to Buy at SEB Equities; PT 482 Kroner
* BayWa Upgraded to Buy at Oddo BHF; PT 28 Euros
* Credit Suisse Upgraded to Hold at Berenberg
* Ipsen Upgraded to Neutral at Goldman; PT 125 Euros
* Tele2 Upgraded to Buy at SocGen; PT 130 Kronor
* VolkerWessels Upgraded to Overweight at Morgan Stanley
* XXL Upgraded to Buy at Goldman; PT 39 Kroner
>>> Down
* ACS Downgraded to Underweight at Morgan Stanley
* Axel Springer Downgraded to Hold at HSBC; PT 62 Euros
* Bakkafrost Downgraded to Hold at Kepler Cheuvreux; PT 452 Kroner
* Bakkafrost Downgraded to Sell at SpareBank; PT 410 Kroner
* HSBC Downgraded to Outperform at CLSA
* HSBC Downgraded to Underweight at JPMorgan
* PhotoCure Downgraded to Hold at Norne Securities; PT 55 Kroner
>>> Initiation
>>> Call