>>> Up
* Auto Trader Raised to Add at Peel Hunt; PT 600 pence
* Auto Trader Raised to Buy at Goldman; PT 688 pence
* Barratt Raised to Neutral at Goldman; PT 720 pence
* EMS-Chemie Raised to Hold at MainFirst; PT 652 Swiss francs
* EMS-Chemie PT Raised at Baader Helvea from 485 to 510
* Medacta Raised to Outperform at Credit Suisse
* Mediaset Espana Raised to Neutral at Goldman; PT 6 euros
* Moneysupermarket Raised to Add at Peel Hunt; PT 375 pence
* Novo Nordisk Raised to Buy at Pareto Securities; PT 445 kroner
* ProSieben Raised to Buy at Citi
* Ricardo Raised to Hold at Berenberg; PT 770 pence
* SoftwareONE Raised to Buy at Deutsche Bank
* Stroeer Raised to Buy at Goldman; PT 86.40 euros
* UDG Raised to Buy at Berenberg; PT 920 pence
>>> Down
* Atresmedia Cut to Sell at Goldman; PT 3.20 euros
* Asos Cut to Underweight at Morgan Stanley; PT 2,000 pence
* Avon Rubber Cut to Hold at Berenberg; PT 2,300 pence
* Bloomsbury Publishing Cut to Add at Peel Hunt; PT 315 pence
* Cairn Energy Cut to Hold at Stifel; PT 201 pence
* Coats Cut to Hold at Berenberg; PT 80 pence
* ConvaTec Cut to Underweight at JPMorgan; PT 168 pence
* GEA Group Cut to Sell at Deutsche Bank; PT 24 euros
* Geberit Cut to Underperform at Credit Suisse
* Hexagon Cut to Hold at Deutsche Bank; PT 580 kronor
* Jungheinrich Cut to Sell at Berenberg; PT 17.50 euros
* Lagardere Cut to Neutral at Goldman; PT 21.80 euros
* M6 Cut to Neutral at Goldman; PT 17.50 euros
* Reach Cut to Hold at Peel Hunt; PT 150 pence
* Wolters Kluwer Cut to Sell at Goldman; PT 58.40 euros
* WPP Cut to Neutral at Goldman; PT 1,160 pence
* YouGov Cut to Add at Peel Hunt; PT 700 pence
>>> Initiation
* DFDS Rated New Hold at ABG; PT 335 kroner
* Gazprom GDRs Reinstated Neutral at Credit Suisse; PT $9
>>> Call
* Asos Consensus Too High, Downgraded at Morgan Stanley
* UDG Upgraded at Berenberg Citing Growth Momentum, Expected M&A