>>> Up
* Aeroports de Paris Raised to Outperform at RBC; PT 200 euros
* EasyJet Raised to Equal-Weight at Barclays; PT 1,250 pence
* Novozymes Raised to Buy at Citi
* L'Oreal Raised to Reduce at AlphaValue
* Sampo Raised to Overweight at Morgan Stanley; PT 45 euros
* Vesuvius Raised to Buy at Berenberg
>>> Down
* Burford Capital Cut to Hold at Berenberg
* SES GDRs Cut to Equal-Weight at Morgan Stanley; PT 14.90 euros
* Sonova Cut to Hold at Deutsche Bank; PT 218 Swiss francs
* Zurich Ins. Cut to Hold at Jefferies; PT 400 Swiss francs
>>> Initiation
* Boostheat Rated New Buy at Berenberg
* BRAIN Biotech Rated New Buy at Pareto Securities
* CAF Rated New Neutral at Oddo BHF; PT 43.50 euros
* EasyJet Reinstated Sell at Goldman; PT 1,240 pence
* IAG Reinstated Buy at Goldman; PT 665 pence
* Knorr-Bremse Rated New Neutral at Oddo BHF; PT 88 euros
* Lufthansa Reinstated Sell at Goldman; PT 14.80 euros
* Meggitt Reinstated Outperform at Exane; PT 770 pence
* MorphoSys Rated New Buy at Guggenheim; PT 126 euros
* Ryanair Reinstated Buy at Goldman; PT 17 euros
* Seplat Nigeria Reinstated Buy at Renaissance Capital
* Stadler Rail Rated New Buy at Oddo BHF; PT 58 Swiss francs
* Talgo Rated New Buy at Oddo BHF; PT 7 euros
>>> Call
* Novozymes Well-Placed to Hit Targets on New Growth Sources: Citi
* Sampo Raised as Dividend Headwind Is Removed: Morgan Stanley
* Vesuvius Downside Now More Limited; Berenberg Upgrades to Buy