>>> Up
* AB InBev Upgraded to Hold at Jefferies; PT 85 Euros
* Basilea Upgraded to Buy at Kepler Cheuvreux; PT 60 Francs
* Fuchs Petrolub Downgraded to Hold at HSBC; PT 39 Euros
* Gerresheimer Upgraded to Buy at HSBC; PT 85 Euros
* IAG Upgraded to Hold at HSBC; PT 4.60 Pounds
* Iberdrola Upgraded to Buy at Goldman; PT 9.90 Euros
* Metro Bank Upgraded to Neutral at Citi
* PGS ASA Upgraded to Buy at ABG; PT 20 Kroner
* Safilo Upgraded to Buy at Kepler Cheuvreux; PT 1.30 Euros
* Software AG Upgraded to Neutral at MainFirst; PT 30 Euros
>>> Down
* BMW Downgraded to Sell at AlphaValue
* Bureau Veritas Cut to Equal-weight at Morgan Stanley
* Carrefour Cut to Underperform at Bernstein; PT 15.50 Euros
* Centrica Downgraded to Reduce at Kepler Cheuvreux; PT 70 Pence
* Cobham Downgraded to Equal-weight at Barclays; PT 1.65 Pounds
* Daimler Downgraded to Underperform at Jefferies; PT 40 Euros
* DiaSorin Cut to Reduce at Kepler Cheuvreux; PT 97.50 Euros
* Ferrexpo Downgraded to Neutral at Citi
* Intertek Cut to Underweight at Morgan Stanley; PT 52.50 Pounds
* Pirelli Downgraded to Add at AlphaValue
>>> Intiation
* Deutsche Boerse Rated New Hold at Kepler Cheuvreux; PT 138 Euros
* Marks & Spencer Resumed Equal-weight at Morgan Stanley
* Unite Group Rated New Overweight at Barclays; PT 12 Pounds
* Ocado Resumed Equal-weight at Morgan Stanley; PT 13.20 Pounds
>>> Call
* AB InBev Growth Improvement Prompts Upgrade to Hold at Jefferies
* Daimler, Renault Cut to Underperform On CO2-Rule Risk: Jefferies
* Ferrexpo Momentum is Nearing Its Peak, Cut to Neutral: Citi
* HSBC Weaker Outlook Means Consensus Unlikely to Rise: Jefferies
* Intertek Downgraded at MS on Trade, FX; Bureau Veritas Also Cut