>>> Up
*Atlantia Raised to Buy at Santander, PT EU28.60
*Barrick Gold Raised to Hold at Berenberg
*Elis Raised to Overweight at Morgan Stanley, PT EU23.10
*HSBC Raised to Overweight at Morgan Stanley, PT 850p
*Johnson Matthey Raised to Overweight at Morgan Stanley
*Metro Raised to Buy at Kepler Cheuvreux, PT EU33.60
>>> Down
*Deutsche Telekom Cut to Sector Perform at RBC, PT EU19
*Flow Traders Cut to Hold at ING
*Le Noble Age Cut to Neutral at Natixis
*Mediclinic Cut to Equal-weight at Morgan Stanley, PT 775p
>>> Initiation
*Beiersdorf New Hold at Investec, PT EU100
*Euronext New Hold at HSBC, PT EU48
*Eve Sleep New Buy at Peel Hunt, PT 135p
*GVC New Buy at Peel Hunt, PT 1,000p
*Hexagon Reinstated Neutral at Goldman, PT SEK435
*Koninklijke Volkerwessels New Buy at Bank Degroof Petercam
*LSE Resumed Hold at HSBC, PT 3,600p
*Munters Group New Neutral at Goldman, PT SEK76.50
*Munters Group New Hold at Jefferies, PT SEK80
*Munters Group New Neutral at Swedbank, PT SEK80
*Robit Resumed Buy at SEB Equities, PT EU13
*Taptica international New Buy at Berenberg, PT 420p
*Vopak New Buy at HSBC, PT EU49.50