>>> Up
* Ascential Upgraded to Equal-weight at Barclays; PT 3.95 Pounds
* Asos Upgraded to Buy at Jefferies
* Axa Upgraded to Buy at DZ Bank; PT 28.50 Euros
* Fielmann Upgraded to Buy at Baader-Helvea; PT 76 Euros
* Old Mutual Upgraded to Reduce at AlphaValue
* Philips Lighting Upgraded to Neutral at Citi
* ProSieben Upgraded to Hold at Nord/LB; PT 30 Euros
* Remy Cointreau Upgraded to Buy at Berenberg
* Spirax Upgraded to Overweight at Morgan Stanley; PT 64.10 Pounds
>>> Down
* Covestro Downgraded to Sell at Citi
* CTS Eventim Cut to Hold at Baader-Helvea; Price Target 44 Euros
* Salmar Downgraded to Hold at DNB Markets; PT 290 Kroner
* Yoox Net-A-Porter Downgraded to Hold at HSBC; PT 38 Euros
* Zooplus Downgraded to Hold at Baader-Helvea; PT 185 Euros
>>> Initiation
* Albemarle Rated New Buy at Berenberg; PT $150
* Banco BPM Reinstated at HSBC With Buy; PT 3.60 Euros
* BPER Banca Rated New Hold at HSBC; PT 5.20 Euros
* CYBG Reinstated at Bell Potter With Buy; PT 3.65 Pounds
* Mediobanca Rated New Hold at HSBC; PT 10.80 Euros
* MLP Rated New Hold at Kalliwoda Research; PT 5.74 Euros
* UBI Banca Reinstated at HSBC With Hold; PT 4.20 Euros
>>> Call