>>> Up
* Alumasc Raised to Buy at Peel Hunt; PT 140 pence (+)
* 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
* Cofinimmo Raised to Overweight at JPMorgan; PT 155 euros (+)
* 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
* Inditex Raised to Top Pick at RBC (+)
* Keywords Studios Raised to Buy at Berenberg
* Kone Oyj Raised to Neutral at BofA (+)
* Northern Drilling Raised to Buy at SpareBank; PT 20 kroner
* Signify PT Raised to 40 euros from 33 euros at Berenberg
* Worldline Raised to Buy at SocGen; PT 80 euros (+)
>>> 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
* Ingenico Group Cut to Hold at SocGen; PT 123.10 euros (+)
* 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
* DSV PANALPINA A/S Reinstated Neutral at BofA; PT 840 kroner (+)
* FirstGroup Rated New Buy at Peel Hunt; PT 164 pence
* Instone Real Estate Rated New Buy at M.M. Warburg (+)
* Kuehne + Nagel Reinstated Buy at BofA; PT 190 Swiss francs (+)
* Persimmon Reinstated Overweight at JPMorgan; PT 3,310 pence
* Redrow Reinstated Overweight at JPMorgan; PT 930 pence
* SSAB Re-Initiated Hold at Handelsbanken; PT 30 kronor (+)
* 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
* Alfa Laval Results Solid With Profit Beat, Morgan Stanley Says (+)
* 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
* Inditex Raised to Top Pick at RBC on Benefit From Weaker Euro (+)
* Pandora FY Ebit as Expected, 2020 Guidance Somewhat Light: GS (+)
* UBS Positive on U.K. Homebuilders, Raises Targets Across Sector (+)