>>> Up
* Dino Polska Raised to Overweight at Morgan Stanley; PT 342 zloty
* Legal & General Raised to Market Perform at KBW; PT 250 pence
* Molson Coors Raised to Neutral at Goldman; PT $54
* Saipem Raised to Buy at AlphaValue/Baader
>>> Down
* Aena Cut to Neutral at Oddo BHF; PT 130 euros
* Belimo Cut to Hold at Berenberg; PT 357 Swiss francs
* Boston Beer Cut to Sell at Goldman; PT $318
* Carnival Plc Cut to Add at Peel Hunt; PT 840 pence (+)
* Danske Bank Cut to Underweight at JPMorgan; PT 95 kroner
* Everfuel Cut to Neutral at SpareBank; PT 60 kroner
* Henkel Cut to Underweight at Morgan Stanley; PT 56 euros
* Nestle Cut to Equal-Weight at Morgan Stanley
* Nestle ADRs Cut to Equal-Weight at Morgan Stanley; PT $128
* Novo Nordisk Cut to Sell at UBS; PT 700 kroner (+)
* Prosus Cut to Hold at Investec; PT 66 euros
* Severn Trent Cut to Underweight at JPMorgan; PT 2,700 pence
* Stillfront Cut to Sell at SEB Equities; PT 20 kronor
* VAT Cut to Hold at Berenberg; PT 286 Swiss francs
>>> Initiation
* Celanese Rated New Underperform at Credit Suisse; PT $105
* EDP Renovaveis Reinstated Buy at Jefferies; PT 27.50 euros
* EDP Rated New Buy at Jefferies; PT 5.70 euros
* GN Store Nord Reinstated Buy at Nordea; PT 450 kroner
* Marks Electrical Group Rated New Buy at Berenberg; PT 120 pence
* Softcat Rated New Buy at Shore Capital
* ZEN LN Rated New Corporate at Alternative Resource Capital
>>> Call
* Citi Cuts S&P 500 Target for Recession, Soft Landing Scenarios
* Danske Bank Cut at JPM on Exposure to Swedish Real Estate Risks (+)
* EDP, EDP Renovaveis Both Started With Buy Ratings at Jefferies
* Goldman Strategists Say US Profit Margin Estimates Are Too Rosy (+)
* Hugo Boss Upgraded at Jefferies, Sees Guidance as Conservative
* JPMorgan Turning Cautious on UK Water, Severn Trent Downgraded (+)
* Nestle, Henkel Cut at MS With Defensive Qualities to Be Tested
* Softcat New Buy at Shore on ‘Robust’ Competitive Positioning
* Time to Dip Back Into European Growth Stocks: Citi’s Manthey (+)
* VAT, Belimo Downgraded as Berenberg Slashes Swiss Industrial PTs