>>> Up
* Akzo Nobel Raised to Overweight at Morgan Stanley; PT 105 euros
* Arkema Raised to Overweight at Morgan Stanley; PT 110 euros
* Atlantia Raised to Overweight at JPMorgan; PT 25 euros
* Axa Raised to Overweight at Barclays; PT 29 euros
* Bellway Raised to Buy at Goodbody; PT 4,200 pence
* Berkeley Raised to Hold at Goodbody; PT 4,510 pence
* Ubisoft Raised to Overweight at Morgan Stanley; PT 80 euros
* Zurich Ins. Raised to Overweight at Barclays
>>> Down
* Allianz Cut to Equal-Weight at Barclays; PT 232 euros
* Aviva Cut to Equal-Weight at Barclays; PT 461 pence
* EQT Cut to Hold at SEB Equities; PT 114 kronor
* Mapfre Cut to Reduce at AlphaValue
* Moneysupermarket Cut to Underperform at RBC
* Securitas Cut to Sell at Deutsche Bank; PT 140 kronor
* Segro Cut to Underperform at RBC; PT 725 pence
>>> Initiation
* Boliden Rated New Outperform at RBC; PT 305 kronor
* Eni Rated New Outperform at MainFirst; PT 17 euros
* Shell Rated New Outperform at MainFirst; PT 2,644.17 pence
* Total Rated New Outperform at MainFirst; PT 61 euros
>>> Call
* Arkema Growth Pipeline Is Underappreciated, Morgan Stanley Says
* Carrefour Hypers Had 2018 Loss But Valuation Attractive: Kepler
* Moneysupermarket Rating Cut, GoCo Preferred on Innovation: RBC
* Ubisoft Upgraded; Morgan Stanley Sees Limited Valuation Downside