>>> Up
* Axel Springer Upgraded to Hold at Berenberg
* Equinor Upgraded to Buy at HSBC; Price Target 212 Kroner
* Mediaset Upgraded to Overweight at JPMorgan; PT 3.10 Euros
* Shell Upgraded to Buy at SocGen
>>> Down
* *DAIMLER PRICE TARGET CUT TO EU40 FROM EU44 AT CITI; STREET LOW
* Munich Re Downgraded to Hold at HSBC; PT 235 Euros
* Standard Life Aberdeen Cut to Hold at HSBC; PT 2.95 Pounds
* Zurich Ins. Downgraded to Hold at HSBC; PT 355 Francs
>>> Initiation
* Boohoo Rated New Buy at Panmure Gordon; PT 3.08 Pounds
* Joules Rated New Buy at Panmure Gordon; PT 3.65 Pounds
* Kingspan Rated New Overweight at Morgan Stanley
* Rockwool Rated New Underweight at Morgan Stanley
* Superdry Rated New Sell at Panmure Gordon; PT 4.02 Pounds
* Ted Baker Rated New Hold at Panmure Gordon; PT 15.25 Pounds
>>> Call
* Naturgy’s Only Buy Reiterated as Macquarie Ups Street-High PT
* *DAIMLER PRICE TARGET CUT TO EU40 FROM EU44 AT CITI; STREET LOW
* Kingspan Set at Overweight, Rockwool Underweight: Morgan Stanley