>>> Up
* Aixtron Raised to Overweight at JPMorgan; PT 25.20 euros
* Alibaba ADRs Raised to Buy at Arete; PT $190
* Also Raised to Buy at Research Partners; PT 280 Swiss francs (+)
* ASR Nederland Raised to Buy at Goldman; PT 69 euros
* D'Ieteren Raised to Buy at Jefferies; PT 215 euros
* Haleon Raised to Buy at HSBC; PT 430 pence
* Haleon Raised to Buy at HSBC; PT 430 pence
* Halma PT Raised to 4,200 pence from 3,750 pence at Berenberg
* Komax Raised to Outperform at Oddo BHF; PT 75 Swiss francs
* Nexans Raised to Equal-Weight at Barclays; PT 137 euros
* Novartis Raised to Buy at Bank Vontobel; PT 129 Swiss francs (+)
* Phoenix Group Raised to Neutral at Goldman; PT 752 pence
* Rockhopper Exploration Raised to Buy at Canaccord; PT 113 pence (+)
* RWE PT Raised to 58 euros from 44 euros at RBC (+)
* Smiths Group Raised to Buy at Berenberg; PT 3,000 pence
* SSE PT Raised to 2,800 pence from 2,200 pence at Berenberg
* Tele2 Raised to Buy at ABG; PT 175 kronor
* Telia Raised to Hold at ABG; PT 38 kronor
* Wacker Chemie Raised to Neutral at BNP Paribas; PT 70 euros
* Weir Group PT Raised to 3,650 pence at Berenberg
* Wise Raised to Overweight at Cantor; PT 1,280 pence
>>> Down
>>> Down
* Admiral Cut to Sell at Goldman; PT 2,920 pence
* Anora Cut to Reduce at Inderes; PT 3.80 euros
* Afya Cut to Neutral at Banco BTG Pactual; PT $17
* Bankinter Cut to Hold at Bestinver; PT 15.15 euros
* Bombardier Cut to Neutral at CIBC; PT C$290
* Bombardier Cut to Neutral at CIBC; PT C$290
* Bossard Cut to Reduce at AlphaValue/Baader
* Danske Bank Cut to Hold at ABG; PT 307 kroner
* Douglas Cut to Underperform at BofA (+)
* Engie Cut to Hold at Berenberg
* Evonik Cut to Neutral at BNP Paribas; PT 14 euros
* FedEx Cut to Neutral at Rothschild & Co Redburn; PT $271
* NKT Cut to Equal-Weight at Barclays; PT 852 kroner
* SCA Cut to Hold at Berenberg; PT 130 kronor
* Scor Cut to Neutral at Goldman; PT 29 euros
* Swiss Re Cut to Sell at Goldman; PT 121 Swiss francs
* Wacker Chemie Cut to Sell at AlphaValue/Baader (+)
>>> Initiation
>>> Initiation
* Airbus Rated New Outperform at Grupo Santander; PT 250.50 euros (+)
* Air France-KLM Reinstated Sector Perform at RBC; PT 11.50 euros
* Air France-KLM Reinstated Sector Perform at RBC; PT 11.50 euros
* EDP SA ADRs Rated New Buy at Berenberg; PT $54.83
* EDP Renovaveis ADRs Rated New Buy at Berenberg; PT $35
* Elisa Rated New Sell at Rothschild & Co Redburn; PT 33 euros
* Enel ADRs Rated New Hold at Berenberg; PT $11.32
* Engie ADRs Rated New Hold at Berenberg; PT $28.58
* Fortum ADRs Rated New Hold at Berenberg; PT $4.20
* Haypp Group Rated New Hold at Pareto Securities; PT 120 kronor
* One Health Group Rated New Buy at Cavendish; PT 313 pence (+)
* Rheinmetall Rated New Neutral at Grupo Santander; PT 1,990 euros (+)
* Safran Rated New Outperform at Grupo Santander; PT 350.40 euros (+)
* SSE ADRs Rated New Buy at Berenberg; PT $37.60
* Verbund ADRs Rated New Hold at Berenberg; PT $15.17
>>> Call
* Aixtron Raised at JPMorgan With ‘Stars Aligning,’ 2026 De-Risked
>>> Call
* Aixtron Raised at JPMorgan With ‘Stars Aligning,’ 2026 De-Risked
* Berenberg Sees 2026 Industrial Strength, Upgrades Smiths Group (+)
* D’Ieteren Investment Case Compelling, Raised to Buy at Jefferies
* Goldman Double-Downgrades Admiral to Sell, Cites Weaker P&C (+)
* Novartis Upgraded to Buy at Vontobel on Defensive Qualities (+)
* RBC Starts Air France-KLM at Sector Perform, Sees Better Options
* SSE Now Top Utilities Pick at Berenberg, Engie Cut on Valuation