>>> Up
* Europcar Raised to Buy at Kepler Cheuvreux, PT EU15
* Gecina Raised to Overweight at JPMorgan, PT EU160
* Mediaset Raised to Outperform at MedioBanca
* Swiss Re Raised to Overweight at Barclays
>>> Down
* Aperam Cut to Neutral at Goldman
* Axel Springer Cut to Hold at HSBC, PT EU63
* Breedon Cut to Neutral at Davy
* Novartis Cut to Underweight at Barclays
* Outokumpu Cut to Neutral at Goldman
* SRP Groupe Cut to Hold at Berenberg, PT EU20
* Troax Cut to Accumulate at Handelsbanken, PT SEK330
* Whitbread Cut to Equal-weight at Morgan Stanley, PT GBP45
>>> Initiation
* Genedrive New Buy at Peel Hunt, PT 150p
* Hansa Medical New Buy at FBR, PT SEK475
* Metro AG New Buy at Baader-Helvea, PT EU22
>>> Call