>>> Up
* 1&1 Drillisch Raised to Neutral at Redburn (+)
* Abcam PT to 1,450 pence from 1,330 pence at Berenberg
* Adevinta Raised to Buy at Danske Bank Markets; PT 95 kroner (+)
* Airbus Raised to Buy at Jefferies; PT 80 euros
* Aker Solutions Raised to Overweight at Barclays; PT 11 kroner
* Alm Brand Raise d to Buy at Danske Bank Markets; PT 57 kroner (+)
* Amadeus Raised to Outperform at BBVA; PT 56 euros
* Anglo American Raised to Hold at Liberum; PT 1,400 pence (+)
* Arkema Raised to Buy at HSBC; PT 86 euros
* Atrium Ljungberg Raised to Hold at SEB Equities; PT 150 kronor
* BHP Group PLC Raised to Overweight at JPMorgan; PT 1,830 pence
* Boeing Raised to Hold at Nord/LB; PT $95
* Boliden Raised to Buy at Deutsche Bank; PT 220 kronor
* Bravida Raised to Buy at SEB Equities; PT 70 kronor
* Cellnex PT Raised to 50 euros from 40 euros at Jefferies
* Centamin Raised to Buy at Peel Hunt; PT 145 pence
* CML Microsystems Raised to Buy at Stifel; PT 290 pence (+)
* DSV Panalpina Raised to Buy at ABG; PT 625 kroner
* Enel Raised to Buy at Oddo BHF; PT 7 euros (+)
* Enel Raised to Buy at Banca Akros (ESN); PT 8.60 euros (+)
* Fraport Raised to Hold at Commerzbank; PT 40 euros
* Fuchs Petrolub Raised to Buy at Berenberg; PT 38 euros
* Grand City Properties Raised to Buy at Hauck & Aufhaeuser 9+)
* Inditex Raised to Neutral at Credit Suisse; PT 22 euros (+)
* Instalco AB Raised to Buy at SEB Equities; PT 120 kronor
* Kesko Oyj Raised to Hold at Danske Bank Markets; PT 53 euros (+)
* Kone Oyj Raised to Buy at SocGen; PT 54 euros
* KPN Raised to Buy at Redburn (+)
* Lassila & Tikanoja Oyj Raised to Buy at SEB Equities
* Legrand Raised to Buy at SocGen; PT 63 euros
* Nemetschek Raised to Overweight at Morgan Stanley; PT 49 euros
* Netcompany Raised to Hold at ABG; PT 251 kroner (+)
* Next Raised to Buy at SocGen; PT 4,610 pence (+)
* Nibe Raised to Hold at Pareto Securities; PT 120 kronor
* Orange Raised to Buy at Goldman; PT 17 euros
* Pets at Home Raised to Buy at Berenberg
* Prosus Raised to Buy at Jefferies; PT 64 euros
* Puma Raised to Buy at M.M. Warburg; PT 64 euros (+)
* Rheinmetall Raised to Buy at Deutsche Bank; PT 80 euros
* Ryanair Raised to Buy at Commerzbank; PT 10.25 euros
* SAP Raised to Overweight at Morgan Stanley; PT 114 euros
* SkiStar Raised to Buy at Handelsbanken; PT 91 kronor
* Total Raised to Overweight at Morgan Stanley; PT 27.50 euros
* UDG Raised to Outperform at RBC; PT 730 pence
* Unibail Raised to Outperform at RBC; PT 88 euros
* Unilever Raised to Buy at DZ Bank; PT 49 euros (+)
* United Internet Raised to Neutral at Redburn (+)
* Vestas Raised to Buy at SocGen; PT 640 kroner
* Vestas Raised to Buy at Handelsbanken; PT 600 kroner
* Worldline Raised to Overweight at Barclays; PT 50 euros
* Wood Raised to Overweight at Barclays; PT 250 pence
* X5 Retail GDRs Raised to Hold at Renaissance Capital; PT $25
>>> Down
* Air France-KLM Cut to Reduce at Commerzbank; PT 3.50 euros
* Ahlstrom-Munksjo Cut to Hold at Danske Bank Markets; PT 9 euros 9=)
* Atresmedia Cut to Underweight at JPMorgan; PT 2.71 euros (+)
* BP Cut to Equal-Weight at Morgan Stanley; PT 245 pence
* Bunzl Cut to Underperform at Credit Suisse; PT 1,195 pence (+)
* Delignit Cut to Reduce at Commerzbank; PT 3.80 euros
* DSM Cut to Reduce at AlphaValue
* Elior Group PT Cut to 7.60 euros from 15 euros at Deutsche Bank (+)
* FirstGroup Cut to Neutral at JPMorgan; PT 60 pence
* Hexagon Cut to Underweight at Morgan Stanley; PT 495 kronor
* Hunting Cut to Underweight at Barclays; PT 260 pence
* KAZ Minerals Cut to Hold at Deutsche Bank; PT 410 pence
* Leoni Cut to Hold at HSBC; PT 8 euros
* Lufthansa Cut to Reduce at Commerzbank; PT 6.50 euros
* M6 Cut to Neutral at JPMorgan; PT 12.27 euros (+)
* Smart Metering Cut to Equal-Weight at Barclays; PT 640 pence
* Tenaris Cut to Equal-Weight at Barclays; PT 5.50 euros
* TF1 Cut to Neutral at JPMorgan; PT 6.05 euros (+)
* TUI Cut to Hold at HSBC; PT 350 pence
* Zalando Cut to Hold at Quirin Privatbank AG; PT 30 euros
>>> Initiation
* Calisen Rated New Overweight at Barclays; PT 204 pence
* Cerillion Rated New Buy at Liberum; PT 225 pence
>>> Call
* Casino Leader Price Sale Seems to Come at Good Price: Kepler (+)
* DiaSorin Virus Test to Cut Down Logistics Time, Kempen Says
* Europe Mall Owners at Attractive Discounts Relative to Risk: RBC
* European Oil Majors May Cut Dividends by 40%-50%: Morgan Stanley
* *EUROPE MEDIA & INTERNET RAISED TO ATTRACTIVE: MORGAN STANLEY
* Fuchs Raised to Buy as 2020 to Mark Earnings Trough: Berenberg
* Governments Should Buy Aircraft from Airbus, Jefferies Says
* Prosus a European Play on Tencent’s Post-Virus Upside: Jefferies
* Steel Sector 2020 Disruption Already in Share Prices, Citi Says