>>> Up
* 1&1 Drillisch Upgraded to Neutral at Citi; PT 30 Euros
* Amplifon Upgraded to Outperform at MainFirst; PT 24 Euros
* Bouygues Upgraded to Outperform at Credit Suisse; PT 40 Euros
* Evraz Upgraded to Buy at VTB Capital; PT 6.70 Pounds
* Hays Upgraded to Outperform at RBC
* Hellenic Petroleum Upgraded to Add at AlphaValue
* Lufthansa Upgraded to Neutral at MainFirst; PT 17.50 Euros
* Maersk Drilling Raised to Buy at Kepler Cheuvreux; PT 660 Kroner
* Tokmanni Group Upgraded to Buy at SEB Equities; PT 9.40 Euros
* UBS Upgraded to Buy at Bankhaus Lampe
* WDI Upgarded at Deutsche Bank (heard it not 100% confirmed)
>>> Down
* CompuGroup Cut to Sell at Baader Helvea; Price Target 53 Euros
* Fiskars Downgraded to Hold at SEB Equities; PT 21.30 Euros
* HeidelbergCement Cut to Sell at SocGen; Price Target 62 Euros
* Merlin Downgraded to Reduce at HSBC; PT 3.15 Pounds
* Natixis Downgraded to Hold at Kepler Cheuvreux; PT 4.90 Euros
>>> Initiation
* Adevinta Rated New Overweight at Barclays; PT 99 Kroner
* Canada Goose Rated New Buy at HSBC
>>> Call
* Drillisch Unattractive, But Prudent to Move to Neutral: Citi
* MS Downgrade US Airtlines