>>> Up
* ABN Amro GDRs Raised to Market Perform at KBW; PT 33 euros
* Almirall Raised to Buy at JB Capital Markets; PT 14.80 euros
* ARM Holdings ADRs PT Raised to $200 from $165 at Barclays
* Bankinter Raised to Buy at Bestinver; PT 15.20 euros
* Chemometec Raised to Buy at SEB Equities; PT 400 kroner
* Close Brothers Raised to Buy at UBS; PT 555 pence
* Comet Raised to Outperform at BNP Paribas; PT 318 Swiss francs (+)
* Commerzbank Raised to Outperform at KBW; PT 39 euros
* Eckert & Ziegler Raised to Overweight at Cantor; PT 21 euros (+)
* Fincantieri Raised to Buy at Kepler Cheuvreux; PT 16.50 euros (+)
* Heidelberg Materials Raised to Outperform at Oddo BHF
* Hensoldt Raised to Buy at BofA; PT 88.50 euros
* ING Raised to Market Perform at KBW; PT 26 euros
* Leonardo Raised to Buy at Deutsche Bank; PT 70 euros
* Leonardo Raised to Buy at Deutsche Bank; PT 70 euros
* Lufthansa Raised to Buy at Bankhaus Metzler; PT 9.50 euros
* Nyfosa Raised to Buy at SEB Equities; PT 74 kronor
* Soitec Raised to Overweight at Morgan Stanley; PT 70 euros
* SSAB Raised to Buy at ABG; PT 85 kronor
* STMicro Raised to Overweight at Morgan Stanley; PT 36 euros
* Suominen Raised to Reduce at Inderes; PT 1.10 euros
>>> Down
>>> Down
* Elopak Cut to Hold at Danske Bank Markets (+)
* Nokia Cut to Hold at SEB Equities; PT 7.40 euros
* Redeia Cut to Equal-Weight at Morgan Stanley; PT 15 euros
* REN Cut to Underperform at RBC; PT 3.40 euros
* Saab Cut to Neutral at BofA; PT 709 kronor
* Sagax Price Target Cut to SEK 207 from SEK 212 by SEB
* Terna Cut to Sector Perform at RBC; PT 10 euros
* Warsaw Stock Exchange Cut to Reduce at Erste Group
>>> Initiation
>>> Initiation
* Baillie Gifford European Growth Trust Cut to Sell at Investec
* Bank of America Rated New Buy at Jefferies
* BRGE LN Rated New Hold at Investec
* Citigroup Rated New Buy at Jefferies
* Eqva ASA Rated New Buy at Arctic Securities; PT 4.10 kroner
* European Smaller Companies/The Rated New Buy at Investec
* HBX Group International Rated New Buy at Berenberg
* Intrum Rated New Neutral at SB1 Markets; PT 41 kronor
* JPMorgan European Discovery Trust PLC Rated New Buy at Investec
* JPMorgan Rated New Hold at Jefferies
* Montanaro European Smaller Cos. Trust Cut to Hold at Investec
* Montanaro European Smaller Cos. Trust Cut to Hold at Investec
* Polar Capital Tech Rated New Outperform at Peel Hunt
* Sentia Rated New Buy at SB1 Markets; PT 95 kroner
* Serica Rated New Neutral at SB1 Markets; PT 260 pence
* Systemair Rated New Buy at SB1 Markets; PT 94 kronor
* U.S. Bancorp Rated New Hold at Jefferies
* Van Lanschot Kempen GDRs Rated New Buy at William O'Neil
* Wells Fargo Rated New Buy at Jefferies
>>> Call
>>> Call
* KBW Cuts European Bank Forecasts but Keeps Overweight View (+)
* Air Defense Outlook Positive, Hensoldt Raised to Buy at BofA (+)
* Boliden’s Garpenberg Mine Impact Worse Than Expected, RBC Says
* Boliden’s Garpenberg Mine Impact Worse Than Expected, RBC Says
* HBX Group Gets Another Buy as Berenberg Sees Outsized Growth
* Ipsen Price Target Increased at JPMorgan on Earnings Upgrades (+)
* Nokia Cut to Hold at SEB After Recent Share-Price Strength (+)
* Redeia Lacks Catalysts, Cut to Equal-Weight at Morgan Stanley
* Schaeffler Gets Positive Catalyst Watch at Citi, PT Increased
* STMicro, Soitec Upgraded as Morgan Stanley Sees Optical AI Play