>>> Up
* Ahold Delhaize Raised to Buy at Kepler Cheuvreux; PT 25.40 Euros
* British Land Upgraded to Buy at HSBC; PT 6.67 Pounds
* Bureau Veritas Upgraded to Buy at HSBC; PT 23.50 Euros
* CYBG Upgraded to Buy at Shore Capital
* Dassault Aviation Upgraded to Buy at Oddo BHF; PT 1,800 Euros
* Ence Upgraded to Buy at JB Capital Markets; PT 9.45 Euros
* Enel Upgraded to Outperform at Mediobanca SpA; PT 5.40 Euros
* Enel Upgraded to Outperform at MainFirst; PT 5.40 Euros
* Flow Traders upgraded to Buy grom Neutral at UBS, PT 34 Euros
* Panalpina Upgraded to Neutral at Goldman; PT 138 Francs
* Premier Foods Upgraded to Buy at Jefferies; PT 50 Pence
* Scandinavian Tobacco Raised to Buy at SEB Equities
* SGS Upgraded to Hold at HSBC; Price Target 2,250 Francs
* Sulzer Upgraded to Buy at HSBC; Price Target 121 Francs
* Wix.com Upgraded to Outperform at RBC; Price Target $110
>>> Down
* Austrian Post Downgraded to Sell at Berenberg
* EssilorLuxottica Downgraded to Hold at HSBC; PT 128 Euros
* Indivior Downgraded to Sector Perform at RBC; PT 1.30 Pounds
* Interserve Downgraded to Hold at Stifel; PT 35 Pence
* Luxottica Downgraded to Hold at HSBC; PT 59 Euros
* MPC Muenchmeyer Petersen Capital Cut to Hold at Kepler Cheuvreux
* Santa Fe Group Downgraded to Sell at ABG; PT 5.50 Kroner
* Scatec Solar Cut to Hold at Kepler Cheuvreux; PT 68 Kroner
* Swatch Downgraded to Sector Perform at RBC; PT 370 Francs
>>> Initiation
* Allgeier Rated New Outperform at MainFirst; PT 40 Euros
* Globalworth Real Estate Investments Rated New Buy at Jefferies
* Knorr-Bremse Rated New Buy at Berenberg
* Knorr-Bremse Rated New Equal-weight at Morgan Stanley
* Knorr-Bremse Rated New Neutral at JPMorgan; PT 86 Euros
* Leasinvest Rated New Hold at Kepler Cheuvreux; PT 96 Euros
* Linde Reinstated at Nord/LB With Hold
* Mail.ru Group GDRs Reinstated at Jefferies With Hold; PT $25
* Shurgard Self Storage Rated New Buy at SocGen; PT 30 Euros
* Smart Metering Rated New Equal-weight at Barclays
>>> Call