>>> Up
* Altice Europe Raised to Outperform at Exane; PT 8 euros
* Atlas Copco Raised to Equal-Weight at Morgan Stanley
* Axactor SE Raised to Buy at Arctic Securities; PT 21 kroner
* Capita Raised to Hold at Deutsche Bank
* Delivery Hero PT Raised to 83 euros at Deutsche Bank
* eDreams ODIGEO Raised to Buy at Deutsche Bank; PT 6.80 euros
* Electrolux Raised to Neutral at Citi
* Glenveagh Raised to Buy at Jefferies; PT 1.03 euros
* HeidelbergCement Raised to Outperform at On Field; PT 88 euros
* Iliad Raised to Outperform at Exane; PT 155 euros
* Keywords Studios Raised to Buy at Berenberg
* Northern Drilling Raised to Buy at SpareBank; PT 20 kroner
* Signify PT Raised to 40 euros from 33 euros at Berenberg
>>> Down
* AB Foods Cut to Sector Perform at RBC; PT 2,850 pence
* Atresmedia Cut to Neutral at Citi
* Cancom Cut to Hold at Commerzbank; PT 55 euros
* HeidelbergCement Cut to Neutral at Davy
* LafargeHolcim Cut to Neutral at On Field; PT 60 Swiss francs
* Morgan Sindall Cut to Hold at Liberum
* Orange Cut to Hold at Berenberg
* Paradox Interactive Cut to Sell at Berenberg
* Royal Mail Cut to Sell at Berenberg
* Swatch Cut to Add at AlphaValue
>>> Initiation
* ASTM SpA Rated New Buy at MainFirst; PT 35.70 euros
* Barratt Reinstated Neutral at JPMorgan; PT 820 pence
* Bellway Reinstated Overweight at JPMorgan; PT 4,890 pence
* Berkeley Reinstated Neutral at JPMorgan; PT 5,370 pence
* Countryside Reinstated Neutral at JPMorgan; PT 510 pence
* Crest Nicholson Reinstated Underweight at JPMorgan
* FirstGroup Rated New Buy at Peel Hunt; PT 164 pence
* Persimmon Reinstated Overweight at JPMorgan; PT 3,310 pence
* Redrow Reinstated Overweight at JPMorgan; PT 930 pence
* Taylor Wimpey Reinstated Overweight at JPMorgan; PT 250 pence
* Tullow Rated New Hold at Renaissance Capital; PT 62 pence
* Vistry Group Rated New Underweight at JPMorgan; PT 1,300 pence
>>> Call
* Atlas Copco Risk-Reward Balanced, Upgraded at Morgan Stanley
* Capita Raised at Deutsche Saying Cost Concerns Now Priced In
* Electrolux Short-Term Negatives Priced in, Upgraded at Citi
* Europe Postal Sector Relief Unlikely, Royal Mail Cut: Berenberg
* FirstGroup Break-Up Could Deliver Considerable Value: Peel Hunt