>>> Up
* AB InBev Raised to Neutral at JPMorgan; PT 36 euros
* AB InBev ADRs Raised to Neutral at JPMorgan; PT $39
* BioPharma Credit Raised to Buy at Jefferies
* BT Raised to Hold at Deutsche Bank; PT 125 pence
* Compass Raised to Buy at Deutsche Bank; PT 1,420 pence
* Covestro Raised to Neutral at BofA; PT 34 euros
* Fresenius SE Raised to Overweight at Morgan Stanley
* Fresenius Medical Raised to Equal-Weight at Morgan Stanley
* RDI REIT Raised to Buy at Berenberg; PT 80 pence
* Salmar Raised to Buy at Arctic Securities; PT 500 kroner
* Valora Raised to Add at Baader Helvea; PT 200 Swiss francs
>>> Down
* 3i Cut to Neutral at Citi; PT 974 pence
* Applus Cut to Neutral at JPMorgan; PT 5.80 euros
* Burberry PT Cut to 1,550 pence at Morgan Stanley
* GEA Group Cut to Hold at HSBC; PT 24 euros
* Konecranes Oyj Cut to Sell at Goldman; PT 15 euros
* Pandora Cut to Hold at Handelsbanken; PT 300 kroner
* Shelf Drilling Cut to Sell at SpareBank; PT 3 kroner
* Vallourec Cut to Sell at Goldman; PT 85 euro cents
>>> Initiation
* Altice Europe Resumed Equal-Weight at Morgan Stanley
* Kamux Rated New Buy at Handelsbanken; PT 8.50 euros
* Medios Rated New Hold at Jefferies; PT 41 euros
* Suess MicroTec Rated New Buy at MainFirst; PT 15 euros
* Zur Rose Rated New Buy at Jefferies; PT 300 Swiss francs
>>> Call
* Fresenius SE, Fresenius Medical Both Upgraded at Morgan Stanley