>>> Up
* Covestro Raised to Buy at Baader Helvea; PT 45.50 euros
* E.On Raised to Overweight at JPMorgan; PT 13 eurosr
* FinecoBank Raised to Buy at Deutsche Bank; PT 17.60 euros
* ICADE Raised to Overweight at Morgan Stanley
* Kion Raised to Buy at Deutsche Bank; PT 42 euros
* Komax Raised to Buy at Baader Helvea; PT 300 Swiss francs
* Marks & Spencer Raised to Neutral at Exane
* Marks & Spencer Raised to Neutral at Goldman; PT 180 pence
* Marks & Spencer Raised to Buy at Citi; PT 175 pence
* Rentokil Raised to Neutral at Exane; PT 555 pence
* Ubisoft Raised to Buy at HSBC; PT 26 euros
* Zalando Raised to Outperform at Exane
>>> Down
* Luceco Cut to Hold at Peel Hunt
* Vonovia Cut to Underweight at Morgan Stanley
>>> Initiation
* CT Property Trust Ltd Rated New Buy at Panmure Gordon
* Gjensidige Reinstated Underperform at Exane; PT 170 kroner
* Sampo Reinstated Neutral at Exane; PT 45 euros
* SkiStar Rated New Buy at Nordea; PT 135 kronor
* Topdanmark Reinstated Underperform at Exane; PT 364 kroner
* Tryg Reinstated Outperform at Exane; PT 168 kroner
>>> Call
* Covestro a Value Play for Medium Term, Baader Upgrades to Buy
* E.On Reaching Inflection Point, Raised to Overweight at JPMorgan
* M&S Gets Upgrades at Both Citi and Exane on More Positive Data
* Vonovia Cut, Icade Raised in Morgan Stanley’s Property Coverage