>>> Up
* Ahold Delhaize Raised to Hold at Stifel; PT 25 euros
* Croda Raised to Buy at Citi; PT 7,400 pence
* Genfit Raised to Neutral at Oddo BHF; PT 6.30 euros
* Merck KGaA Raised to Buy at Pareto Securities; PT 143 euros
* Safran Raised to Buy at Berenberg; PT 140 euros
* Tod's Raised to Hold at HSBC; PT 22 euros
* Wienerberger Raised to Buy at Stifel; PT 27.50 euros
>>> Down
* ABB Cut to Sell at Deutsche Bank; PT 22 Swiss francs
* Eurofins Scientific Cut to Reduce at AlphaValue
* Johnson Matthey Cut to Reduce at AlphaValue
* Royal Unibrew Cut to Sell at Handelsbanken; PT 650 kroner
* Swatch Cut to Hold at HSBC; PT 255 Swiss francs
* Talanx Cut to Hold at HSBC; PT 35.50 euros
* Tenaris ADRs Cut to Hold at Stifel; PT $16
* Ubisoft Cut to Neutral at Citi; PT 85 euros
* Urban & Civic Cut to Hold at Panmure Gordon; PT 345 pence (+)
>>> Initiation
* AJ Bell Rated New Underweight at Barclays; PT 320 pence
* Applus Rated New Hold at Stifel; PT 8.40 euros
* Bureau Veritas Rated New Buy at Stifel; PT 26 euros
* Griffin Mining Rated New Buy at Berenberg; PT 105 pence
* IntegraFin Rated New Overweight at Barclays; PT 600 pence
* Intertek Rated New Buy at Stifel; PT 7,100 pence
* Quilter Rated New Equal-Weight at Barclays; PT 140 pence
* SGS Rated New Hold at Stifel; PT 2,450 Swiss francs
* Siemens Energy Rated New Buy at Oddo BHF; PT 28 euros
>>> Call
* Fund Flows Switching to Value From Growth Stocks, Jefferies Says
* Fund Flows Head for Bonds as U.S. Stock Buying Slows, Citi Says
* ABB Downgraded, Digital Strategy Not Convincing: Deutsche Bank (+)
* Croda Upgraded to Buy by Citi After ‘Attractive’ Iberchem Deal
* Cucinelli Confirms Outlook, Is ‘Confident’ About Year End: Citi (+)
* Safran a Key Pick for Vaccine-Driven Travel Recovery: Berenberg