>>> Up
* Munich Re Raised to Buy at Commerzbank; PT 290 euros
* UBM Development Raised to Buy at Baader Helvea; PT 41 euros
* Swiss Re Raised to Buy at Commerzbank; PT 90 Swiss francs
>>> Down
* Allianz Cut to Hold at Commerzbank; PT 210 euros
* Generali Cut to Hold at Commerzbank; PT 15.20 euros
* Hunter Group Cut to Sell at Cleaves Securities; PT 2.80 kroner
>>> Initiation
>>> Call
* Oncopeptides’ Melflufen Seen Attractive for Shares: Jefferies (+)