>>> Up
* Atresmedia Upgraded to Overweight at JPMorgan; PT 10.50 Euros
* Atea Upgraded to Hold at DNB Markets; PT 105 Kroner
* Bombardier Upgraded to Overweight at JPMorgan
* Colfax Upgraded to Buy at Longbow
* Helical Upgraded to Buy at Peel Hunt
* Henkel Upgraded to Hold at Liberum; PT 118 Euros
* ITV Upgraded to Overweight at JPMorgan, PT 185p
* Mediaset Espana Upgraded to Neutral at JPMorgan; PT 9.40 Euros
* M6 Upgraded to Neutral at JPMorgan; PT 21.20 Euros
* Oerlikon Upgraded to Neutral at MainFirst; PT 14.20 Francs
* PhotoCure Upgraded to Buy at Norne Securities; PT 35 Kroner
* TF1 Upgraded to Neutral at JPMorgan; PT 13.60 Euros
* T-Mobile Upgraded to Buy at HSBC; PT $70
* Vossloh Upgraded to Buy at HSBC; PT 53 Euros
>>> Down
* Altice Downgraded to Neutral at BofAML; PT 11 Euros
* Cavium Downgraded to Hold at Benchmark
* EDP Downgraded to Underweight at Morgan Stanley; PT 2.90 Euros
* Erste Downgraded to Hold at Wood & Company; PT 39.90 Euros
*Grand City Properties Cut to Hold at Jefferies; PT 20 Euros
* H&M Downgraded to Underweight at Barclays
* Nokian Renkaat Downgraded to Neutral at Natixis
* Premier Oil Downgraded to Underweight at Barclays; PT 70 Pence
* Shell Downgraded to Hold at HSBC; Price Target 26.50 Pounds
* United Utilities Downgraded to Sell at Investec; PT 7.40 Pounds
>>> Initition
* Altice USA Initiated at HSBC With Buy; PT $30
* Covestro Initiated at Lampe with Buy, Sees Buyback as Catalyst
* FNAC Initiated at Exane With Outperform; PT 105 Euros
>>> Call
>> Stock
* Deutsche Bank Added to Bankhaus Lampe Alpha List, Evotec Removed
>> Sector
* EUROPEAN FOOD & BEV CUT FROM NEUTRAL AT GOLDMAN SACHS
* EUROPEAN FOOD & BEV CUT TO UNDERWEIGHT AT GOLDMAN SACHS
* EUROPEAN BASIC RESOURCES RAISED FROM UNDERWEIGHT AT GOLDMAN
* EUROPEAN BASIC RESOURCES RAISED TO OVERWEIGHT AT GOLDMAN SACHS
>> Strat
* Goldman Sachs Raises European Earnings Forecast for 2018
* Goldman Favors Long Emerging-Market Growth Via Stocks, Credit