>>> Up
* Air Liquide Cut to Hold at HSBC; PT 143 euros
* Deutsche Wohnen Raised to Neutral at Goldman; PT 37.20 euros
* Entra Raised to Hold at Pareto Securities; PT 170 kroner
* Linde Raised to Buy at Redburn
* Linde Raised to Buy at HSBC; PT $272
* MTU Aero Raised to Buy at Berenberg; PT 230 euros
* Salzgitter Raised to Buy at Nord/LB; PT 21 euros
* Thyssenkrupp Raised to Buy at Deutsche Bank; PT 8 euros
* Unibail Raised to Neutral at Goldman; PT 61 euros
* Volvo Raised to Buy at HSBC; PT 235 kronor
>>> Down
* ADP Cut to Underweight at Morgan Stanley; PT 110 euros
* Aperam Cut to Hold at Deutsche Bank
* Bankia Cut to Hold at HSBC; PT 1.51 euros
* CaixaBank Cut to Hold at HSBC; PT 2.20 euros
* Citycon Cut to Sell at ABN Amro Bank; PT 7 euros
* Codemasters Cut to Hold at Berenberg; PT 485 pence
* Collector Cut to Hold at ABG; PT 18 kronor
* Deutz Cut to Hold at HSBC; PT 5.50 euros
* Elkem Cut to Hold at SEB Equities; PT 31 kroner
* Ford Cut to Equal-Weight at Morgan Stanley; PT $9
* General Motors PT Raised to $53 from $44 at Morgan Stanley
* Kesko Cut to Sell at Handelsbanken; PT 18 euros
* Norden Cut to Hold at ABG; PT 113 kroner
* Voestalpine Cut to Hold at Deutsche Bank
* Zehnder Cut to Hold at Research Partners; PT 50 Swiss francs
>>> Initiation
* Clinigen Rated New Neutral at JPMorgan; PT 650 pence
* Datagroup Rated New Buy at Stifel; PT 57 euros
* Gamesys Group PLC Rated New Outperform at Davy
* MorphoSys ADRs Rated New Equal-Weight at Morgan Stanley
* MorphoSys Rated New Equal-Weight at Morgan Stanley
* MPC Container Ships Rated New Buy at Pareto Securities
* RELX Reinstated Buy at Goldman; PT 2,276.92 pence
* Teva ADRs Reinstated Market Perform at Oppenheimer
>>> Call
* Morgan Stanley Remains Cautious on Airports, Downgrades ADP
* MorphoSys Upside Must Wait on Pivotal Monjuvi Data, MS Says
* MTU Aero Positioned for Recovery, Earnings Can Double: Berenberg
* Nordic Banks Have Best Spot in Dividend Debate, Citi Says