>>> Up
* Also Raised to Buy at Baader Helvea; PT 314 Swiss francs
* Dufry Raised to Reduce at Baader Helvea; PT 55 Swiss francs
* EDP Renovaveis Raised to Buy at SocGen; PT 22.50 euros
* Georg Fischer PT Raised to 1,360 Swiss francs at Bank Vontobel (+)
* Handelsbanken Raised to Buy at Citi
* Kuehne + Nagel Raised to Add at AlphaValue
* Mayr-Melnhof Raised to Accumulate at Erste Group
* Neoen Raised to Buy at Stifel; PT 59 euros
* Nel Raised to Buy at Norne Securities; PT 35 kroner
* Reckitt Raised to Buy at SocGen; PT 7,000 pence
* RWE Raised to Buy at SocGen; PT 39.10 euros (+)
* Safran Raised to Overweight at JPMorgan; PT 136 euros
* Tryg Raised to Buy at SEB Equities; PT 172 kroner
* Whitbread Raised to Overweight at JPMorgan; PT 4,000 pence
>>> Down
* InterContinental Hotels Cut to Underweight at JPMorgan
* Kering Cut to Add at AlphaValue
* Novartis Cut to Hold at Intron Health; PT 83 Swiss francs
* Roche Cut to Hold at Intron Health; PT 300 Swiss francs
* Sampo Cut to Underweight at JPMorgan; PT 38.21 euros
* Swiss Life Cut to Hold at HSBC; PT 498 Swiss francs
* Weir Cut to Hold at Deutsche Bank; PT 2,000 pence
>>> Initiation
* Iberdrola Rated New Buy at Jefferies; PT 12.70 euros
* PZ Cussons Rated New Overweight at Barclays; PT 300 pence (+)
>>> Call
* BBVA Cut at Barclays on Limited Upside, Constructive on Peers (+)
* Evonik 4Q Below Consensus, Guidance Slightly Ahead, Warburg Says (+)
* Prospects Attractive for Nordic Banks; Citi Raises Handelsbanken
* Iberdrola Seen Among Best Plays on Energy Transition: Jefferies
* Kuehne + Nagel Raised at AlphaValue on its Customer Skills (+)
* Lufthansa Has Enough Liquidity, 2021 Still Difficult: Bernstein (+)
* Royal Unibrew Results In Line, Guidance Cautious: Jefferies
* Telia Execution Risks Seen High After Strategy Update: Citi
* Vivendi Results Solid, Although Uncertainties Remain: Citi