>>> Up
* ASML Raised to Buy at Bryan Garnier, PT EU155
* Endesa Raised to Neutral at MainFirst, PT EU20
* Fortum Raised to Hold at HSBC, PT EU14.50
* Fresenius SE Raised to Buy at Bankhaus Lampe
* Lonza Raised to Outperform at Credit Suisse
* Next Raised to Hold at Jefferies, PT 3,850p
* Norsk Hydro Raised to Buy at UBS, PT NOK60
* SOITEC Raised to Buy at Bryan Garnier, PT EU60
* u-blox Raised to Neutral at Bryan Garnier, PT CHF185
>>> Down
* Elior Group Cut to Equal-weight at Barclays, PT EU22.50
* Indra Cut to Underperform at BPI, PT EU13.50
* Nexity Cut to Reduce at Kepler Cheuvreux, PT EU48
* REC Silicon Cut to Sell at AlphaValue
* UMC Cut to Sell at Citi
>>> Initiation
* IWG New Buy at Berenberg
* Workspace New Buy at Berenberg
>>> Call