>>> Up
* Acerinox Raised to Buy at UBS, PT EU14.20
* Allreal Raised to Market Perform at ZKB
* Aperam Raised to Neutral at UBS, PT EU46.50
* Fonciere des Regions Raised to Overweight at Morgan Stanley
* Hammerson Raised to Overweight at Morgan Stanley, PT 650p
* HeidelbergCement Raised to Buy at Kepler Cheuvreux, PT EU85
* Intu Raised to Equal-weight at Morgan Stanley, PT 270p
* Jenoptik Raised to Buy at DZ Bank, PT EU26.50
* Kone Raised to Overweight at Morgan Stanley, PT EU49
* LEG Immobilien Raised to Equal-weight at Morgan Stanley, PT EU91
* Munich Re Raised to Buy at Jefferies, PT EU200
* Sanofi Raised to Hold at HSBC, PT EU81
* Swedbank Raised to Overweight at JPMorgan, PT SEK240
* Unite Group Raised to Equal-weight at Morgan Stanley, PT 710p
>>> Down
* Aurubis Cut to Underperform at Macquarie, PT EU62
* Castellum Cut to Underweight at Morgan Stanley, PT SEK116
* Coty Cut to Sell at Berenberg
* DS Smith Cut to Add at Peel Hunt
* Gecina Cut to Equal-weight at Morgan Stanley, PT EU145
* Jyske Cut to Neutral at JPMorgan, PT DKK400
* Novae Group Cut to Market Perform at KBW, PT 715p
* Nyrstar Cut to Underperform at Macquarie, PT EU5.30
* ProSieben Cut to Hold at Independent Research, PT EU34
* ProSieben Cut to Hold at Commerzbank, PT EU33
* ProSieben Cut to Hold at Bankhaus Lampe
* PSP Swiss Cut to Underweight at Morgan Stanley, PT CHF84
* Schindler Cut to Equal-weight at Morgan Stanley, PT CHF218
* Sydbank Cut to Hold at SEB Equities, PT DKK252
* Technopolis Cut to Accumulate at Inderes, PT EU4.10
* Telekom Austria Cut to Reduce at HSBC, PT EU7
* Unibail-Rodamco Cut to Equal-weight at Morgan Stanley, PT EU230
* Vopak Cut to Hold at Jefferies, PT EU40
>>> Initiation
* Carmila New Buy at Natixis, PT EU26.20
* Inspired Energy New Buy at Peel Hunt, PT 25p
* Medica Group New Buy at Berenberg, PT 260p
* Ocado New Buy at Citi, PT 400p
* Safran New Hold at Nord/LB, PT EU77
>>> Call