>>> Up
* DS Smith Raised to Buy at Berenberg
* Natixis Raised to Buy at Jefferies, PT EU7.45
* Plus500 Raised to Buy at Berenberg
* Standard Life Raised to Outperform at Exane, PT 480p
>>> Down
* Fuchs Petrolub Cut to Sell at Berenberg
* Hiscox Cut to Market Perform at KBW, PT 1,370p
* Kuehne + Nagel Cut to Underweight at Barclays, PT CHF135
* Panalpina Cut to Equal-weight at Barclays, PT CHF125
* Pernod Ricard Cut to Neutral at Natixis
* Standard Chartered Cut to Hold at CICC, PT HK$96
* Steinhoff Cut to Sell at Goldman, PT EU3.80
* Takeaway Cut to Equal-weight at Morgan Stanley, PT EU37
* WebMD Cut to Sector Weight at Keybanc
>>> Initiation
* Allied Irish New Equal-weight at Morgan Stanley, PT EU5
* Allied Irish New Neutral at JPMorgan, PT EU5.15
* Allied Irish New Neutral at Goldman, PT EU5.20
* Galp New Neutral at MedioBanca, PT EU15
* Greene King New Add at Peel Hunt, PT 750p
* Inwit New Hold at HSBC, PT EU5.70
>>> Call