>>> Up
* AB InBev Raised to Overweight at JPMorgan; PT 70 euros
* ACTIVISION RAISED TO OVERWEIGHT VS EQUAL-WEIGHT: MORGAN STANLEY
* BNP Paribas Raised to Overweight at Barclays; PT 70 euros
* Bucher Raised to Outperform at RBC; PT 440 Swiss francs
* Devro Raised to Neutral at Exane; PT 319 pence
* FDM Group Raised to Buy at Numis; PT 1,000 pence
* Hugo Boss Raised to Add at Baader Helvea; PT 56 euros
* Jet2 Raised to Buy at HSBC; PT 1,125 pence
* Lanxess Raised to Buy at Goldman; PT 47 euros
* Nabaltec Raised to Buy at Baader Helvea; PT 30 euros
* Swedbank Raised to Buy at AlphaValue/Baader
>>> Down
* Abrdn plc Cut to Sell at Redburn
* Beyond Meat Cut to Underweight at Barclays; PT $10
* Carlsberg Cut to Underweight at JPMorgan; PT 800 kroner
* DraftKings Cut to Underweight at JPMorgan; PT $12
* Heineken Cut to Neutral at JPMorgan; PT 100 euros
* Nexus Cut to Hold at Pareto Securities; PT 60 euros
* Symrise Cut to Neutral at Goldman; PT 116 euros
* Tyson Cut to Underweight at Barclays; PT $58
* Virgin Money UK Cut to Market Perform at KBW; PT 200 pence
* Watches of Switzerland Cut to Neutral at Goldman; PT 1,045 pence
>>> Initiation
* Airtel Africa Rated New Overweight at ABSA Securities
* Alm Equity Rated New Buy at Arctic Securities; PT 618 kronor
* HUTCHMED China Rated New Add at Huachuang
* Unity Software Resumed Equal-Weight at Morgan Stanley; PT $27.50
>>> Call
* AB-InBev Double-Upgraded, Heineken and Carlsberg Cut at JPMorgan
* Challenges in Mobile Gaming, But Positive on Activision, MS Says
* European Telecom M&A to Go Quieter in 2023 Amid Challenges
* Hugo Boss Loses Only Negative Rating as Baader Sees Momentum
* Just Group New Buy at Jefferies on Underappreciated Turnaround
* Lanxess Raised, Symrise Cut as Goldman Sees Deflationary Outlook
* Vestas Reached Turning Point, Citi Sees Improved Orders, Cash