>>> Up
* AB Foods Raised to Hold at Deutsche Bank (+)
* Air Liquide Raised to Overweight at JPMorgan; PT 195 euros
* Akzo Nobel Raised to Overweight at JPMorgan; PT 70 euros
* Anglo American PT Raised to 3,000 pence from 2,800 pence at UBS (++)
* Barratt Redrow PLC Raised to Outperform at RBC
* BASF Raised to Buy at Deutsche Bank (+)
* Burberry Raised to Buy at Deutsche Bank (+)
* CMC Markets Raised to Hold at Jefferies; PT 275 pence
* Crest Nicholson Raised to Sector Perform at RBC
* Endesa Raised to Outperform at RBC; PT 24 euros
* Enel Raised to Outperform at BNPP Exane (+)
* Fresenius Medical Care Raised to Neutral at BofA (+)
* Grenergy Renovables Raised to Buy at CaixaBank BPI; PT 45 euros (++)
* Hermes Raised to Buy at HSBC; PT 2,500 euros
* Howden Joinery Raised to Buy at Panmure Liberum; PT 965 pence (+)
* IMCD Raised to Hold at Deutsche Bank (+)
* Inditex Raised to Hold at Deutsche Bank (+)
* Johnson Matthey Raised to Neutral at JPMorgan; PT 1,600 pence
* Johnson Matthey PT Raised to 2,400 pence at Panmure Liberum (++)
* KBC Raised to Outperform at KBW; PT 85 euros
* LVMH Raised to Buy at HSBC; PT 727 euros
* MTU Aero PT Raised to 405 euros from 390 euros at JPMorgan
* Nexstim Raised to Accumulate at Inderes; PT 6.20 euros (++)
* Nike PT Cut to $73 from $77 at JPMorgan (+)
* Novo Raised to Outperform at BNPP Exane; PT 930 kroner
* Philips ADRs Raised to Hold at Jefferies; PT $26.40
* Philips ADRs Raised to Hold at Jefferies; PT $26.40
* Redeia Raised to Outperform at BNPP Exane (+)
* Rockwool Raised to Buy at Danske Bank Markets; PT 3,100 kroner (++)
* Syensqo Raised to Buy at Deutsche Bank (+)
* Wood Raised to Equal-Weight at Barclays; PT 75 pence
* Zegna Group Raised to Neutral at BNPP Exane; PT $7.90
>>> Down
>>> Down
* EDP Renovaveis Cut to Underperform at BNPP Exane (+)
* Hexicon Cut to Sell at Inderes; PT 0.14 kronor (+)
* Iberdrola Cut to Sector Perform at RBC
* K+S Cut to Sell at Deutsche Bank (+)
* Kering Cut to Underweight at JPMorgan; PT 195 euros
* MJ Gleeson Cut to Sector Perform at RBC
* Orsted Cut to Underperform at BNPP Exane (+)
* OVH Cut to Sell at Stifel; PT 7 euros
* Persimmon Cut to Underperform at RBC
* Progyny Cut to Neutral at JPMorgan; PT $17
* Sandoz Group Cut to Neutral at BNPP Exane; PT 41 Swiss francs
* Severfield Cut to Add at Peel Hunt; PT 85 pence
* Solwers Cut to Accumulate at Inderes; PT 4.20 euros
* Solwers Cut to Accumulate at Inderes; PT 4.20 euros
* Swatch Cut to Underweight at JPMorgan; PT 135 Swiss francs
* Vistry Group Cut to Underperform at RBC
>>> Initiation
>>> Initiation
* ABB Rated New Neutral at Grupo Santander; PT 52.10 Swiss francs (+)
* AF Gruppen Rated New Buy at Carnegie; PT 79 kroner (+)
* Cemex ADRs Reinstated Market Perform at BBVA; PT $6.80
* Cemex ADRs Reinstated Market Perform at BBVA; PT $6.80
* Dassault Aviation Reinstated Buy at Citi; PT 230 euros
* Pensionbee Group Rated New Buy at Canaccord; PT 217 pence (+)
* Schneider Electric Rated New Neutral at Grupo Santander (+)
* Siemens Reinstated Outperform at Grupo Santander (+)
* Sveafastigheter Rated New Buy at Nordea; PT 43 kronor
* Sveafastigheter Rated New Buy at SEB Equities; PT 44 kronor
* Sveafastigheter Rated New Buy at Kepler Cheuvreux; PT 43 kronor (+)
* Sveafastigheter Rated New Buy at DNB Markets; PT 47 kronor (++)
* Sveafastigheter Rated New Buy at Danske Bank Markets (++)
>>> Call
* Akzo, Air Liquide Upgraded at JPMorgan in 2025 Sector Preview
>>> Call
* Akzo, Air Liquide Upgraded at JPMorgan in 2025 Sector Preview
* Citi Reiterates BAE Buy Rating After BofA Downgrade Spurred Drop (++)
* Dassault Aviation’s Real Value is Being Masked, Citi Rates Buy
* JPMorgan Strategists See Smaller Caps Outperforming Next Year (++)
* Kering, Swatch Cut at JPMorgan on Tough Turnaround Environment
* Novo Raised at BNP Paribas Exane Ahead of CagriSema Results (+)
* Oddo BHF Strategists Say French Government Fall Isn’t Priced In (+)
* Primaris REIT Rated Outperform at RBC on ‘Unique’ Positioning (++)
* UK Housebuilders Oversold, Although Be ‘Discerning,’ RBC Says (+)
* ZURICH AIRPORT ADDED TO EUROPEAN CONVICTION LIST AT GOLDMAN (+)