>>> Up
* Aveva Raised to Neutral at Goldman, PT GBP24
* Bayer Raised to Buy at Baader-Helvea, PT EU140
* Deutsche Telekom Raised to Buy at Kepler Cheuvreux, PT EU17.50
* Ipsen Raised to Buy at SocGen, PT EU126
* Nordex Raised to Hold at Independent Research, PT EU10.40
* Nostrum Oil & Gas Raised to Outperform at RBC, PT 475p
* Pfizer Raised to Overweight at Morgan Stanley, PT $39
* Stagecoach Raised to Hold at HSBC, PT GBP1.60
>>> Down
* Allergan Cut to Equal-weight at Morgan Stanley, PT $228
* Clariant Cut to Hold at Baader-Helvea, PT CHF25
* Ibstock Cut to Equal-weight at Barclays, PT GBP2.45
* Interserve Cut to Hold at Cenkos Securities, PT 142p
* Suez Cut to Underperform at Credit Suisse
* Swiss Re Cut to Sector Perform at RBC, PT CHF91
>>> Initiation
* Coach New Equal-weight at Barclays, PT $45
* Com Hem New Buy at Kepler Cheuvreux, PT SEK140
* Metro New Reduce at Equinet, PT EU9
* Metro Bank New Underperform at Macquarie, PT GBP27
* Midsona New Buy at SEB Equities, PT SEK63
* Trigano New Buy at Kepler Cheuvreux, PT EU140
>>> Call