>>> Up
* ADP Raised to Buy at Berenberg; PT 110 euros
* Aker Solutions Raised to Buy at SpareBank; PT 20 kroner
* Compass Raised to Neutral at Exane; PT 1,295 pence
* Compass Raised to Neutral at Exane; PT 1,295 pence
* Credito Emiliano Raised to Outperform at KBW; PT 5.90 euros
* Elior Group Raised to Buy at HSBC; PT 6.70 euros
* ERG Raised to Neutral at Citi; PT 26 euros
* Essity Raised to Buy at Berenberg; PT 313 kronor
* Polypipe PT Raised to 639 pence from 601 pence at Jefferies
* Remy Cointreau Raised to Buy at Deutsche Bank; PT 185 euros
* Watches of Switzerland PT Raised to 800 pence at Jefferies
>>> Down
>>> Down
* Accor Cut to Hold at HSBC; PT 28 euros
* Carnival Plc Cut to Reduce at HSBC; PT 960 pence
* DNO Cut to Neutral at SpareBank; PT 9 kroner
* Equinor Cut to Sell at SpareBank; PT 160 kroner
* Europcar Cut to Reduce at HSBC; PT 60 euro cents
* FDJ Cut to Neutral at Exane; PT 40 euros
* Genel Cut to Neutral at SpareBank; PT 185 pence
* Hapag-Lloyd Cut to Reduce at Commerzbank; PT 95 euros
* Hochtief Cut to Hold at LBBW; PT 81 euros
* InterContinental Hotels Cut to Underperform at Exane
* InterContinental Hotels Cut to Underperform at Exane
* Neoen Cut to Sell at Citi; PT 43.90 euros
* Puma Cut to Equal-Weight at Morgan Stanley; PT 81 euros
* Puma Cut to Reduce at Baader Helvea; PT 80 euros
* Siltronic Cut to Hold at Stifel; PT 150 euros
* Sparebanken Telemark Cut to Hold at Norne Securities
* Sparebanken Telemark Cut to Hold at Norne Securities
* Tenaris Cut to Neutral at Goldman; PT 7 euros
* Tenaris ADRs Cut to Neutral at Goldman; PT $14.50
* Trainline Cut to Neutral at JPMorgan; PT 382 pence
* TUI Cut to Reduce at HSBC
* Zurich Airport Cut to Hold at Berenberg; PT 146 Swiss francs
>>> Initiation
>>> Initiation
* BAT Rated New Buy at Renaissance Capital
* Valbiotis SAS Rated New Buy at Oddo BHF; PT 13.50 euros
>>> Call
* Valbiotis SAS Rated New Buy at Oddo BHF; PT 13.50 euros
>>> Call
* Airports Retain Upside as Reopening Trade, ADP to Buy: Berenberg
* Essity May Give Opportunities for Positive Surprises: Berenberg
* Nokia’s Solid Progress Offers Buy Opportunity: Handelsbanken
* Puma Downgraded at Baader, Morgan Stanley Ahead of Results
* Puma Downgraded at Baader, Morgan Stanley Ahead of Results