>>> Up
* Engie Upgraded to Overweight at Morgan Stanley; PT 17 Euros
* Just Eat Upgraded to Outperform at RBC; PT 9.50 Pounds
* Linde Upgraded to Outperform at MainFirst; PT 217 Euros
* Osram Upgraded to Equal-weight at Morgan Stanley; PT 51 Euros
* Pfeiffer Vacuum Raised to Buy at Equinet; Price Target 162 Euros
* Pfeiffer Vacuum Upgraded to Buy at Commerzbank; PT 167 Euros
>>> Down
* Ahold Delhaize Cut to Neutral at JPMorgan; Price Target 20 Euros
* Bpost Downgraded to Reduce at HSBC; PT 14 Euros
* IWG Downgraded to Hold at Peel Hunt; PT 2.60 Pounds
* Outokumpu Cut to Equal-weight at Morgan Stanley; PT 6.70 Euros
* Smith & Nephew ADRs Downgraded to Sell at Deutsche Bank
>>> Initiation
* ASML Rated New Market Perform at New Street Research
* Ericsson Rated New Market Perform at New Street Research
* Infineon ADRs Rated New Outperform at New Street Research
* Nokia Rated New Market Perform at New Street Research
* Siemens Healthineers Rated New Buy at Jefferies
>>> Call