>>> Up
*KWS Saat Raised to Buy at Bankhaus Lampe
*SGS Raised to Equal-weight at Morgan Stanley, PT CHF2,240
*Zodiac Aerospace Raised to Buy at Deutsche Bank
>>> Down
*Aggreko Cut to Underweight at Morgan Stanley, PT 730p
*Barclays Cut to Neutral at Natixis
*BGEO Cut to Hold at VTB Capital, PT 4,000p
*Burberry Cut to Underperform at RBC, PT 1,530p
*DIA Cut to Hold at HSBC, PT EU6
*Lundbeck Cut to Neutral at Credit Suisse
*MTU Aero Cut to Neutral at JPMorgan, PT EU140
*Orpea Cut to Hold at Kepler Cheuvreux, PT EU95
*Pfeiffer Vacuum Cut to Accumulate at Equinet
*Technogym Cut to Hold at Kepler Cheuvreux, PT EU6.80
*Zalando Cut to Sector Perform at RBC, PT EU42
>>> Initiation
*Accor New Market Perform at Bernstein, PT EU40
*ALK-Abello New Buy at DNB Markets, PT DKK1,250
*Aumann New Hold at Berenberg, PT EU65
*Fresenius SE Reinstated Neutral at Goldman, PT EU75
*InterContinental New Outperform at Bernstein, PT 47.50p
*Whitbread New Underperform at Bernstein, PT 34p
>>> Call