>>> Up
* Adobe Raised to Overweight at Morgan Stanley; PT $660
* FDJ Raised to Buy at Redburn; PT 42 euros (+)
* Fortum Raised to Buy at Nordea; PT 16 euros
* Heidelberg Materials Raised to Neutral at Oddo BHF; PT 72 euros
* Sotkamo Silver Raised to Reduce at Inderes; PT 0.75 kronor
* Synlab Raised to Buy at Deutsche Bank; PT 12 euros
* Titan Cement Raised to Hold at Berenberg; PT 17 euros
>>> Down
* Acciona Energia Cut to Hold at Stifel; PT 30.60 euros (+)
* BASF Cut to Neutral at BNPP Exane; PT 51 euros (+)
* Budimex Cut to Sell at Citi; PT 340 zloty
* Carvana Cut to Underperform at Jefferies; PT $30
* GE Cut to Market Perform at Oppenheimer
* Koenig & Bauer Cut to Sell at Hauck & Aufhaeuser (+)
* Sage Cut to Hold at Canaccord; PT 970 pence (+)
* Salesforce Inc Cut to Equal-Weight at Morgan Stanley; PT $278
* WDP Cut to Underweight at JPMorgan; PT 26.50 euros
>>> Initiation
* Allianz Re-Initiated Underperform at BNPP Exane; PT 207 euros (+)
* Fresenius SE Resumed Buy at Citi; PT 38 euros (+)
* Fresenius Medical Resumed Neutral at Citi; PT 52 euros (+)
* SIG Group Re-Initiated Underperform at BNPP Exane
>>> Call
* Ford Cut ‘With a Heavy Heart’ by Jefferies, Stellantis Preferred
* Goldman Strategists US Stocks Underperforming on Earnings Beats
* Morgan Stanley Strategists Say US Stock Rally Is Similar to 2019 (+)