>>> Up
* Ahold Delhaize Raised to Buy at Goldman; PT 25.50 euros
* Geberit Raised to Buy at SocGen; PT 465 Swiss francs (+)
* Kesko Oyj Raised to Hold at Handelsbanken; PT 54.50 euros
* On The Beach Raised to Buy at Stifel; PT 345 pence
* OneSavings Bank Raised to Buy at SocGen; PT 275 pence (+)
* Sartorius PT Raised to 300 euros at Bankhaus Metzler
* Sartorius PT Raised to 300 euros from 235 euros at M.M. Warburg (+)
* Tele2 Raised to Buy at Danske Bank Markets; PT 138 kronor (+)
>>> Down
* Avanza Cut to Hold at ABG; PT 108 kronor
* Bilot Cut to Reduce at Inderes; PT 6.90 euros (+)
* Carrefour Cut to Neutral at Goldman; PT 14 euros
* Centrica Cut to Hold at Jefferies; PT 29 pence
* CGG Cut to Hold at SocGen; PT 1.13 euros
* Credit Suisse Cut to Hold at HSBC; PT 9 Swiss francs
* Culti Milano Cut to Neutral at EnVent S.p.A.; PT 4.12 euros
* DFDS Cut to Hold at SEB Equities; PT 160 kroner
* G4S PT Cut to 85 pence from 140 pence at Deutsche Bank
* Grifols ADRs Cut to Neutral at JPMorgan; PT $21
* Grifols Cut to Neutral at JPMorgan; PT 20 euros
* Intrum Cut to Hold at SEB Equities; PT 152 kronor
* Lagardere Cut to Neutral at Oddo BHF; PT 17.20 euros (+)
* Maersk Drilling Cut to Hold at Danske Bank Markets (+)
* Metro Bank Cut to Hold at SocGen; PT 100 pence (+)
* Netcompany Cut to Hold at SEB Equities; PT 370 kroner
* Netcompany Cut to Sell at ABG; PT 251 kroner
* Petrofac Cut to Sell at SocGen; PT 124 pence
* Philips Cut to Hold at DZ Bank; PT 39 euros (+)
* Remedy Entertainment Cut to Accumulate at Inderes; PT 20 euros (+)
* Sage Cut to Sell at Goldman; PT 500 pence
* SAP ADRs Cut to Sector Perform at RBC; PT $117
* SBM Offshore Cut to Hold at SocGen; PT 12.26 euros
* SCA Cut to Hold at Handelsbanken; PT 105 kronor
* Schibsted Cut to Neutral at JPMorgan; PT 234 kroner
* Signature Aviation Cut to Neutral at Citi
* Sogefi Cut to Neutral at Banca Akros (ESN) (+)
* Somfy Cut to Neutral at Oddo BHF; PT 80 euros (+)
* Suedzucker Cut to Hold at Commerzbank; PT 15 euros (+)
* TechnipFMC Cut to Hold at SocGen
* Yara Cut to Neutral at Citi
>>> Initiation
>>> Call
* Adidas Investors Too Optimistic, Recovery Will Take Longer: MS
* Centrica Facing ‘Material Headwinds,’ Jefferies Cuts to Hold
* Danske Won’t Shelve C-Suite Bonus Plan Despite Crisis, JP Says (+)
* Kering Double Downgraded by BofA on ‘Cracks in the Gucci Story’ (+)
* Roche Confirms Resilience, Reassures With Guidance: Goldman (+)
* Telia 1Q Call May Focus on Content Strategy, Costs, Citi Says (+)
* Yara 1Q Seen Strong, But Risks Building Up Beyond This: Citi