>>> Up
* Anima Upgraded to Outperform at Mediobanca SpA; PT 4.50 Euros
* BillerudKorsnas Raised to Buy at Pareto Securities
* Hornbach Holding Upgraded to Buy at Oddo BHF; PT 62 Euros
* Intesa Upgraded to Buy at Banca Akros
* Stagecoach Upgraded to Buy at Liberum
>>> Down
* Adidas Downgraded to Hold at HSBC; PT 300 Euros
* Auto Trader Downgraded to Hold at Peel Hunt
* Italiaonline Downgraded to Neutral at Banca Akros (ESN)
* Orkla Cut to Hold at Pareto Securities; Price Target 80 Kroner
>>> Initiation
* Basilea Rated New Buy at NIBC; PT 53 Francs
* Knorr-Bremse Rated New Sell at Hauck & Aufhaeuser; PT 70 Euros
* Molecular Partners Rated New Buy at NIBC; PT 26 Francs
>>> Call