>>> Up
* Air Liquide Raised to Buy at SocGen; PT 154 euros
* Arrow Global Raised to Buy at Peel Hunt; PT 262 pence
* Axa Raised to Neutral at Citi
* Bilia Raised to Buy at SEB Equities; PT 135 kronor
* Centrica Raised to Buy at Goldman; PT 67 pence
* DFDS Raised to Buy at ABG; PT 310 kroner
* Eurofins Scientific PT Raised to 88 euros at Berenberg
* Greencore Group Raised to Buy at Jefferies; PT 150 pence
* Intertek Raised to Buy at Berenberg; PT 6,450 pence
* Liberbank Raised to Buy at Jefferies; PT 36 euro cents
* Marzocchi Pompe Raised to Outperform at EnVent S.p.A.
* Microsoft PT Raised to $300 from $260 at Jefferies
* MTU Aero Raised to Neutral at Exane; PT 195 euros
* Naturgy Raised to Hold at Grupo Santander; PT 23.90 euros
* Naturgy Raised to Hold at Grupo Santander; PT 23.90 euros
* NN Raised to Buy at Citi
* Nordea Bank Raised to Overweight at Morgan Stanley; PT 88 kronor
* Norma PT Raised to 54 euros from 43 euros at Berenberg
* Thales Raised to Outperform at Exane; PT 97 euros
>>> Down
* Aena Cut to Sell at Banco Sabadell; PT 136.50 euros
>>> Down
* Aena Cut to Sell at Banco Sabadell; PT 136.50 euros
* Air France-KLM Cut to Sell at Berenberg; PT 3 euros
* Arjo Cut to Hold at SEB Equities; PT 64 kronor
* Autoliv GDRs Cut to Hold at SEB Equities; PT 830 kronor
* Babcock Cut to Underweight at Barclays; PT 145 pence
* JM Raised to Buy at Kepler Cheuvreux; PT 345 kronor (+)
* Kaubamaja Cut to Hold at SEB Equities; PT 9.20 euros
* Legal & General Cut to Neutral at Citi
* Mondi Cut to Hold at SBG Securities; PT 2,060 pence (+)
* SGS Cut to Hold at Berenberg
* Somfy Cut to Hold at SocGen; PT 155 euros (+)
* Tele Columbus Cut to Equal-Weight at Barclays; PT 3.25 euros
* TUI Cut to Reduce at Commerzbank; PT 265.54 pence
* Zurich Ins. Cut to Neutral at Citi
>>> Initiation
>>> Initiation
* Banco BPM Rated New Overweight at Barclays; PT 2.20 euros
* BPER Banca Rated New Overweight at Barclays; PT 1.90 euros
* Credito Emiliano Rated New Equal-Weight at Barclays
* Hexagon Purus Holding Rated New Buy at SpareBank; PT 100 kroner (+)
* Intesa Sanpaolo Rated New Overweight at Barclays; PT 2.40 euros
* J. Martins Rated New Hold at SocGen; PT 15 euros
* Marlowe Rated New Buy at Peel Hunt; PT 753 pence
* Mediobanca Rated New Overweight at Barclays; PT 9.50 euros
* Mediobanca Rated New Overweight at Barclays; PT 9.50 euros
* Multiconsult Rated New Buy at Pareto Securities; PT 200 kroner (+)
* UniCredit Rated New Equal-Weight at Barclays; PT 8.60 euros
* Vivendi Resumed Buy at SocGen; PT 31 euros
>>> Call
>>> Call
* Airlines’ Recovery Path Uncertain, Air France-KLM Cut: Berenberg (+)
* Bayer Interest Rising Amid ‘Robust’ Pandemic Performance: DB (+)
* Brewin Dolphin Makes Positive Start to the Year, RBC Says (+)
* Citi Upgrades Axa, NN Group; Positive on Reinsurers, Dutch Life
* Essity 4Q Sales Beat Estimates, Tissue Volume Strong: Jefferies (+)
* Europe Car Suppliers View Upbeat at Berenberg on Sales, Costs (+)
* Evotec Seen Starting More Contract Talks Post U.S. Contract: RBC (+)
* Greencore in Good Position to Capitalize on Recovery: Jefferies
* Hapag-Lloyd Momentum to Be Driven by Higher Rates: Jefferies (+)
* KPN ‘Strong’ Revenue Beat a 4Q Results Highlight, Goldman Says (+)
* Lanxess 4Q Pre-Release Shows Resilience, Deutsche Bank Raises PT (+)
* Lanxess PT Raised to 80 euros from 74 euros at M.M. Warburg (+)
* Nordea Raised at Morgan Stanley After Underperforming Peers
* SEB Starts Off 4Q Earnings Period ‘In Style,’ Jefferies Says (+)
* Siemens Healthineers 1Q Strong Across Portfolio: Morgan Stanley
* Testing Stocks to Benefit From Megatrends, Berenberg Says
* Testing Stocks to Benefit From Megatrends, Berenberg Says