>>> Up
* Baloise Upgraded to Hold at HSBC; PT 155 Francs
* Deutsche Post Upgraded to Buy at DZ Bank; Price Target 32 Euros
* Euronav Upgraded to Overweight at JPMorgan
* Grenke Upgraded to Buy at Bankhaus Lampe
* Logitech Upgraded to Overweight at JPMorgan
* NSI NV Upgraded to Buy at ABN Amro Bank
* PGS Upgraded to Buy at SocGen; Price Target 28 Kroner
* Saipem Upgraded to Buy at Citi
* Teva ADRs Upgraded to Neutral at Piper Jaffray; PT $16
>>> Down
* Equinor Cut to Underperform at Credit Suisse; PT 230 Kroner
* Henkel Downgraded to Hold at Berenberg
* Nibe Downgraded to Hold at SEB Equities; Price Target 106 Kronor
* Nokian Renkaat Downgraded to Accumulate at Inderes; PT 32 Euros
* OMV Cut to Underperform at Credit Suisse; Price Target 50 Euros
* Pandora Downgraded to Underperform at RBC; PT 230 Kroner
* Scatec Solar Cut to Hold at SEB Equities; Price Target 70 Kroner
* SGS Downgraded to Hold at Kepler Cheuvreux; PT 2,320 Francs
* Thales Downgraded to Neutral at Credit Suisse; PT 108 Euros
>>> Initiation
* Acerinox Reinstated at Oddo BHF With Reduce; PT 9 Euros
* Anglo American Rated New Neutral at Oddo BHF; PT 18 Pounds
* Aperam Reinstated at Oddo BHF With Buy; PT 32 Euros
* ArcelorMittal Reinstated at Oddo BHF With Buy; PT 26 Euros
* Autogrill Reinstated at MainFirst With Outperform; PT 9.50 Euros
* BHP Group PLC Rated New Buy at Oddo BHF; PT 19 Pounds
* Cineworld Rated New Buy at Jefferies; PT 3.90 Pounds
* Compass Rated New Neutral at MainFirst; PT 17.40 Pounds
* Elior Group Rated New Neutral at MainFirst; PT 12.50 Euros
* Eramet Reinstated at Oddo BHF With Reduce; PT 63 Euros
* Euskaltel Rated New Neutral at Goldman; PT 8 Euros
* Grupo Ezentis Rated New Buy at Berenberg; PT 75 Cents
* Masmovil Rated New Buy at Goldman; PT 25 Euros
* Outokumpu Reinstated at Oddo BHF With Buy; PT 5 Euros
* Rio Tinto Reinstated at Oddo BHF With Reduce; PT 38 Pounds
* Salzgitter Rated New Reduce at Oddo BHF; PT 26 Euros
* Sodexo Reinstated at MainFirst With Outperform; PT 107 Euros
* SSAB Rated New Neutral at Oddo BHF; PT 36 Kronor
* Voestalpine Rated New Buy at Oddo BHF; PT 31 Euros
>>> Call
* Grenke Growth Story Fully Intact, Stock is Cheap, Lampe Says