>>> Up
* Aedifica Reiterates to Equalweight at Morgan Stanley; PT 66 euro
* Hammerson Raised to Overweight at Morgan Stanley; PT 36 pence
* Mercialys Raised to Outperform at Oddo BHF (+)
* Schroders Raised to Overweight at JPMorgan; PT 501 pence
* Siemens Raised to Outperform From Mkt Perform by Bernstein, PT Raised from 161 to 16 Euro (+)
* Telefonica Deutschland Raised to Hold at Berenberg
* Thales Raised to Buy at Jefferies; PT 160 euros
* Vonovia Raised to Equal-Weight at Morgan Stanley; PT 23 euros
>>> Down
>>> Down
* ABB Cut to Market Perform from OutPerform at Berstein, PT Cut from CHF 35 to CHF 34 (+)
* Advanced Medical Cut to Hold at Panmure Gordon; PT 225 pence (+)
* Aroundtown Reiterates to Underweight at Morgan Stanley; PT cut from 2 euro to 1,50 euro
* British Land Cut to Neutral at JPMorgan; PT 410 pence
* British Land Cut to Neutral at JPMorgan; PT 410 pence
* Cofinimmo Cut to Equal-Weight at Morgan Stanley; PT 75 euros
* Harmony Energy Income Trust Cut to Hold at Investec (+)
* Land Sec. Cut to Equal-Weight at Morgan Stanley; PT 650 pence
* Oxford Biomedica Cut to Hold at Liberum; PT 350 pence (+)
* PGS Cut to Sell at SEB Equities; PT 6.50 kroner
* SocGen Cut to Equal-Weight at Barclays; PT 30 euros
* Standard Chartered Cut to Underperform at KBW; PT 790 pence
* SynAct Pharma Cut to Neutral at Kempen & Co (+)
* WDP Cut to Underweight at Morgan Stanley; PT 21 euros
>>> Initiation
* Calnex Solutions Rated New Buy at Canaccord; PT 165 pence
>>> Call
>>> Initiation
* Calnex Solutions Rated New Buy at Canaccord; PT 165 pence
>>> Call
* JPMorgan’s Matejka Says US Stock Valuations Look Stretched (+)
* Morgan Stanley Has Overweight Skew on UK in European Property
* Morgan Stanley Has Overweight Skew on UK in European Property
* Telefonica Deutschland Raised to a ‘Cautious’ Hold at Berenberg
* Thales Raised at Jefferies, Cites Recent Acquisitions Boost (+)