>>> Up
*Altice Raised to Buy at Citi
*Ashmore Raised to Equal-weight at Barclays
*Assa Abloy Raised to Overweight at JPMorgan, PT SEK200
*BASF Raised to Buy at Bankhaus Lampe
*Betsson Raised to Buy at Pareto Securities, PT SEK86
*Nike Upgraded at Morgan Stanley on Growth Acceleration Potential
*Spirent Raised to Buy at Jefferies, PT 145p
>>> Down
*DEFAMA Cut to Hold at SRC Research, PT EU9
*Duerr Cut to Hold at Bankhaus Lampe
*Edenred Cut to Hold at Kepler Cheuvreux, PT EU23.50
*L'Oreal Cut to Hold at Stifel, PT EU190
*SIAS Cut to Neutral at MainFirst, PT EU11.60
>>> Initiation
*Dufry New Underperform at MainFirst, PT CHF142
*Hammerson New Outperform at Davy, PT 665p
*Metro Wholesale & Food Specialist New Neutral at JPMorgan
*KBC New Hold at Jefferies, PT EU71.60
>>> Call