>>> Up
* ArcelorMittal Raised to Overweight at JPMorgan; PT 26.50 euros
* Direct Line PT Raised to 395 pence from 362 pence at Berenberg
* Evraz Raised to Overweight at JPMorgan; PT 650 pence
* Fluidra Raised to Buy at HSBC; PT 23 euros
* Fugro GDRs Raised to Buy at ABN Amro Bank; PT 11.50 euros (+)
* Hannover Re Raised to Buy at SocGen; PT 160 euros
* JM Raised to Buy at Handelsbanken; PT 350 kronor
* Leoni Raised to Neutral at JPMorgan; PT 9 euros
* Novozymes Raised to Overweight at Barclays; PT 390 kroner
* Novozymes Raised to Overweight at Barclays; PT 390 kroner
* Outokumpu Raised to Overweight at JPMorgan; PT 4.90 euros
* Ratos Raised to Buy at SEB Equities; PT 49 kronor
* Sage Raised to Neutral at UBS (+)
* Salzgitter Raised to Neutral at JPMorgan; PT 21.50 euros
* Schaeffler Raised to Buy at Oddo BHF; PT 8 euros (+)
* Sika Raised to Buy at HSBC; PT 339 Swiss francs
* Standard Chartered Raised to Buy at Deutsche Bank; PT 560 pence
>>> Down
>>> Down
* Aperam Cut to Neutral at JPMorgan; PT 30.70 euros
* Arjo Cut to Hold at Pareto Securities; PT 67 kronor
* Avanza Cut to Sell at ABG; PT 200 kronor
* Banca Sistema Cut to Accumulate at Banca Akros (ESN) (+)
* Cie des Alpes Cut to Sell at SocGen; PT 16.90 euros (+)
* Duni Cut to Hold at Handelsbanken; PT 110 kronor
* Gjensidige Cut to Hold at DNB Markets; PT 220 kroner
* Hikma Cut to Hold at Peel Hunt; PT 2,640 pence
* Lundin Energy Cut to Sell at SocGen; PT 205 kronor (+)
* Medica Cut to Sell at Peel Hunt
* Netcompany Cut to Hold at SEB Equities; PT 590 kroner
* Netcompany Cut to Hold at SEB Equities; PT 590 kroner
* Olav Thon Eiendomsselskap Cut to Hold at ABG; PT 175 kroner
* Pandox Cut to Sell at SEB Equities; PT 110 kronor
* Serica Cut to Hold at Investec; PT 120 pence (+)
* Scandic Cut to Sell at SEB Equities; PT 25 kronor
* SEB Cut to Hold at Handelsbanken; PT 94 kronor
* Silence Therapeutics Cut to Hold at Peel Hunt; PT 605 pence
* SpareBank 1 Nord Norge Cut to Sell at ABG; PT 66 kroner
* Topdanmark Cut to Hold at ABG; PT 310 kroner
* Vectura Cut to Hold at Peel Hunt; PT 134 pence
>>> Initiation
>>> Initiation
* CA Immo Rated New Buy at Jefferies; PT 43 euros
* Chrysalis Investments Rated New Hold at Jefferies
* Oakley Capital Investments Ltd Rated New Buy at Jefferies
* Princess Private Equity Rated New Hold at Jefferies
* Prosus Rated New Buy at Renaissance Capital; PT 130 euros
* Securitas Reinstated Buy at ABG; PT 167 kronor
* Schiehallion Fund Rated New Hold at Jefferies
* Supermarket Income Rated New Buy at Berenberg; PT 130 pence
* Urban & Civic Reinstated Hold at Panmure Gordon; PT 345 pence
>>> Call
* Urban & Civic Reinstated Hold at Panmure Gordon; PT 345 pence
>>> Call
* ABB Seen Topping Expectations in 4Q, Jefferies Says
* Asos Buying Topshop Brand Would Make Strategic Sense: Berenberg (+)
* Boohoo’s Debenhams Purchase Is a Big Opportunity, Jefferies Says (+)
* European Staples Likely to Remain ‘Un-loved’ for Now: Citi (+)
* Eurofins 4Q Sales Better Than Expected, Outlook Unchanged: MS (+)
* Galp Seen at Strategic Crossroads After CEO Change: RBC Capital
* Health-Care Outperformance May be Held Back in 2021: Peel Hunt
* Philips 4Q Shows ‘Good Finish,’ Connected Care Leads: Bernstein (+)
* Siemens Energy Profit Beats, Guidance Conservative: Jefferies (+)
* Siemens PTs Rise at Deutsche Bank, Jefferies on Digital Strategy (+)
* Siemens Gamesa 1Q Beat Boosts Confidence in Turnaround, JPM Says (+)
* Swedbank Top Pick Ahead of Nordic Bank Earnings at Handelsbanken
* Swedbank Top Pick Ahead of Nordic Bank Earnings at Handelsbanken