>>> Up
*Bunzl Raised to Overweight at Barclays
*Lufthansa Raised to Add at AlphaValue
*SAP Raised to Add at AlphaValue
*Swiss Re Raised to Outperform at MedioBanca, PT CHF103.50
*Valeo Raised to Hold vs Underperform at Jefferies
>>> Down
*Berendsen Cut to Underweight at Barclays, PT GBP7
*Bourbon Cut to Sell at AlphaValue
*Campbell Cut to Underperform at Bernstein, PT $54
*Conagra Cut to Underperform at Bernstein, PT $36
*Esure Cut to Neutral at Citi, PT 235p
*Generali Cut to Hold at Equita SIM, PT EU16
*General Mills Cut to Underperform at Bernstein, PT $52
*J.M. Smucker Cut to Underperform at Bernstein, PT $130
*Kellogg Cut to Underperform at Bernstein, PT $69
*Munich Re Cut to Underperform at MedioBanca, PT EU180
*Munich Re Cut to Market Perform at Bernstein, PT EU185
*UCB Cut to Underperform at Jefferies, PT EU60
>>> Initiation
*Clorox Rated New Neutral at JPMorgan, PT $136
*Coca-Cola Rated New Neutral at JPMorgan, PT $43
*Colgate Rated New Neutral at JPMorgan, PT $77
*Constellation Brands Rated New Overweight at JPMorgan, PT $183
*Coty Rated New Underweight at JPMorgan, PT $16
*Estee Lauder Rated New Overweight at JPMorgan, PT $100
*Hastings Rated New Outperform at Credit Suisse, PT 290p
*Haynes Rated New Neutral at Longbow
*Hunting Rated New Buy at Numis, PT 816p
*Kimberly-Clark Rated New Neutral at JPMorgan, PT $139
*Melrose Industries Reinstated Overweight at Barclays
*Molson Coors Rated New Neutral at JPMorgan, PT $105
*Monster Beverage Rated New Overweight at JPMorgan, PT $56
*P&G Rated New Neutral at JPMorgan, PT $98
*PepsiCo Rated New Overweight at JPMorgan, PT $125
*Vestas Rated New Buy at DNB Markets, PT DKK630
>>> Call
>> Stock
*SCHAEFFLER ADDED TO ALPHA LIST AT BANKHAUS LAMPE
*WIRECARD ADDED TO ALPHA LIST AT BANKHAUS LAMPE