>>> Up
* AKVA Raised to Buy at Norne Securities; PT 75 kroner (+)
* Burckhardt Raised to Buy at Research Partners
* Heineken Raised to Buy at CIC; PT 94 euros (+)
* Incap Raised to Buy at Inderes; PT 13 euros
* ITM Power Raised to Hold at Pekao Investment Banking
* Incap Raised to Buy at Inderes; PT 13 euros
* ITM Power Raised to Hold at Pekao Investment Banking
* Kainos Raised to Speculative Buy at Canaccord; PT 1,000 pence (+)
* Lemonsoft Raised to Accumulate at Inderes; PT 6.50 euros
* Molecular Partners Raised to Buy at Van Lanschot Kempen (+)
* Pandora Raised to Buy at ABG; PT 1,250 kroner
* Trainline PT Raised to 556 pence from 530 pence at Deutsche Bank (+)
* VAT Raised to Buy at Kepler Cheuvreux; PT 460 Swiss francs
>>> Down
>>> Down
* ABB Cut to Neutral at Goldman; PT 52 Swiss francs
* Bigben Interactive Cut to Underperform at Oddo BHF (+)
* Bossard Cut to Reduce at Baader Helvea; PT 210 Swiss francs
* Bucher Cut to Reduce at Baader Helvea; PT 350 Swiss francs
* CBrain Cut to Sell at ABG; PT 165 kroner
* Cyberoo Cut to Neutral at Intermonte; PT 3.20 euros
* Cyberoo Cut to Neutral at Intermonte; PT 3.20 euros
* Nimbus Group Cut to Hold at Carnegie (+)
>>> Initiation
* Novo ADRs Cut to Hold at Erste Group
* OMA Savings Cut to Reduce at Inderes; PT 13 euros
* Steico Cut to Hold at M.M. Warburg; PT 29 euros (+)
* St James's Place Cut to Neutral at BofA (+)
* Swiss Life Reinstated Outperform at BNPP Exane (+)
* TI Fluid Cut to Hold at Jefferies; PT 200 pence
* VAT Cut to Reduce at Baader Helvea; PT 352 Swiss francs
* Zurich Ins. Cut to Neutral at BofA (+)
>>> Initiation
* Baloise Reinstated Underperform at BNPP Exane (+)
* Helvetia Reinstated Neutral at BNPP Exane; PT 148 Swiss francs (+)
* Instone Real Estate Rated New Buy at Baader Helvea; PT 11 euros
* Onward Medical Resumed Buy at KBC Securities; PT 9.10 euros (+)
* Sampo Reinstated Buy at Nordea; PT 51 euros
* Siltronic Rated New Buy at Bankhaus Metzler; PT 105 euros
* Siltronic Rated New Buy at Bankhaus Metzler; PT 105 euros
* Swiss Life Reinstated Outperform at BNPP Exane (+)
* Temenos Rated New Underperform at Oddo BHF; PT 58 Swiss francs
* Thyssenkrupp Nucera Rated New Buy at Pekao Investment Banking
>>> Call
* Thyssenkrupp Nucera Rated New Buy at Pekao Investment Banking
>>> Call
* Bossard Cut to Reduce at Baader, Cites Tough Market Envrionment
* Bucher Downgraded to Reduce at Baader on Continued Weak Momentum (+)
* Deutsche Bank Strategists Say Equity Positioning Fell Last Week
* Deutsche Bank Strategists Say Equity Positioning Fell Last Week
* Estee Lauder Tapping CEO From Within May Disappoint, Citi Says
* Philips Valuation Now Reflects Challenges, Jefferies Upgrades
* Temenos Underperform at Oddo BHF on Structural Growth Challenges
* VAT Cut to Reduce by Baader on Unfavorable Risk/Reward