>>> Up
* BHP Group PLC Raised to Buy at BofA; PT 2,050 pence (+)
* Deutsche Wohnen Raised to Buy at Hauck & Aufhaeuser (+)
* Direct Line Raised to Overweight at Barclays; PT 347 pence
* Enel Raised to Buy at BofA; PT 8 euros (+)
* Flutter Raised to Hold at Peel Hunt (+)
* Hella Raised to Equal-Weight at Morgan Stanley; PT 37 euros
* Provident Raised to Buy at Jefferies; PT 250 pence
* Rio Tinto Raised to Buy at BofA; PT 5,700 pence (+)
* Sartorius PT Raised to 360 euros at Bankhaus Metzler
* Sixt Raised to Buy at Hauck & Aufhaeuser; PT 85 euros (+)
* Valeo Raised to Overweight at Morgan Stanley; PT 24 euros
>>> Down
* Admiral Cut to Equal-Weight at Barclays; PT 2,304 pence
* BP Cut to Hold at SocGen
* Continental AG Cut to Equal-Weight at Morgan Stanley
* Diageo ADRs Cut to Underperform at Jefferies; PT $109
* Elior Group Cut to Hold at SocGen; PT 7 euros
* Encavis Cut to Hold at Jefferies; PT 13.50 euros
* Eni Cut to Hold at SocGen; PT 9 euros
* Equinor Cut to Hold at SocGen
* Hugo Boss Cut to Hold at Jefferies; PT 27 euros
* Rational Cut to Hold at HSBC; PT 497 euros
* Rockwool Cut to Hold at Jyske Bank; PT 1,850 kroner
* Rosenbauer Cut to Reduce at Baader Helvea; PT 30 euros
* Saint-Gobain Cut to Hold at DZ Bank; PT 29.50 euros (+)
* Spirax Cut to Hold at Peel Hunt
* Straumann Cut to Underweight at Morgan Stanley
* Swiss Prime Cut to Reduce at Baader Helvea; PT 88 Swiss francs
* Temenos Cut to Neutral at JPMorgan; PT 140 Swiss francs
* TBC Bank Group Cut to Add at Peel Hunt
* Trainline Cut to Neutral at JPMorgan; PT 517 pence
* Virgin Money UK Cut to Hold at Investec; PT 105 pence (+)
>>> Initiation
* Ahold Delhaize Reinstated Outperform at Wolfe; PT 25 euros
* Biffa Rated New Buy at Investec; PT 275 pence (+)
* Keystone Law Rated New Buy at Investec; PT 544 pence (+)
* Mol Reinstated Neutral at Citi; PT 2,240 forint
* Synthomer Resumed Equal-Weight at Morgan Stanley; PT 350 pence
>>> Call
* Boliden Upgraded to Buy at BofA With Post-Virus Upturn Expected (+)
* BofA Upgrades Rio Tinto, Boliden: European Materials Premarket
* B&M’s Strong Sales Performance Since Lockdown is Surprising: MS (+)
* European Payments Outlook May Be Better Than Feared: Jefferies
* Choose ‘Green Recovery’ Beneficiaries in Auto Suppliers, MS Says
* Provident’s Target Market to Increase Amid Recession: Jefferies
* Rolls-Royce Can Do Without Investment-Grade Debt Rating: Citi (+)
* Straumann Double-Downgraded on Slow Recovery: Morgan Stanley
* Spirax-Sarco Outlook Now in Price, Stock Downgraded: Peel Hunt (+)
* SIG Progress Hindered by Sales Drop, Focus on Equity: Peel (+)
* Swiss Prime Site Cut at Baader, PSP Seen as High-Quality Play (+)
* Swiss Prime Site Cut at Baader, PSP Seen as High-Quality Play