>>> Up
* Aena Raised to Overweight at Morgan Stanley; PT 150 euros
* A.G. Barr Raised to Buy at Liberum; PT 525 pence (+)
* Adevinta Raised to Buy at ABG
* Adevinta Raised to Buy at ABG
* Bellway Raised to Buy at Jefferies; PT 2,458 pence
* Deutsche Bank Raised to Outperform at Oddo BHF; PT 13 euros (+)first
* Grifols Raised to Overweight at Morgan Stanley; PT 14 euros
* Novartis Raised to Buy at Stifel; PT 97 Swiss francs (+)
* Porsche SE Raised to Buy at HSBC; PT 72 euros
* Saint-Gobain Raised to Buy at Jefferies; PT 65 euros
* Siegfried Raised to Buy at Bank Vontobel; PT 800 Swiss francs
* Vitesco Raised to Overweight at JPMorgan; PT 65 euros
>>> Down
>>> Down
* Adecco Cut to Underweight at Morgan Stanley
* Boreo Oyj Cut to Reduce at Inderes; PT 44 euros
* Burberry Cut to Reduce at HSBC; PT 1,950 pence
* flatexDEGIRO Cut to Neutral at Oddo BHF; PT 9 euros (+)
* flatexDEGIRO Cut to Neutral at Exane (+)
* Gestamp Cut to Underweight at JPMorgan; PT 3.20 euros
* J. Martins Cut to Neutral at JPMorgan; PT 24.10 euros
* Kingspan Cut to Underperform at Jefferies; PT 45.90 euros
* Pagegroup Cut to Equal-Weight at Morgan Stanley; PT 505 pence
* Persimmon Cut to Hold at Jefferies; PT 1,436 pence
* Plastic Omnium Cut to Underweight at JPMorgan; PT 14 euros
* Savills Cut to Add at Peel Hunt; PT 1,000 pence
* Savills Cut to Add at Peel Hunt; PT 1,000 pence
* Sobi Cut to Equal-Weight at Morgan Stanley; PT 265 kronor
* Swisscom Cut to Sell at Deutsche Bank; PT 465 Swiss francs
* UCB Cut to Underweight at Morgan Stanley; PT 74 euros
* Watches of Switzerland Cut to Hold at HSBC; PT 1,100 pence
* Watkin Jones Cut to Hold at Jefferies; PT 111 pence
>>> Initiation
>>> Initiation
* ALD Rated New Buy at Stifel; PT 21 euros
* Biocartis Resumed Buy at KBC Securities; PT 1.20 euros
* Celanese Rated New Hold at Baptista Research; PT $118
* Celanese Rated New Hold at Baptista Research; PT $118
* Pets at Home Rated New Buy at Investec; PT 380 pence (+)
* Porsche AG Rated New Hold at HSBC; PT 104 euros
* Tamtron Group Rated New Accumulate at Inderes; PT 6.70 euros (+)
>>> Call
>>> Call
* Aena Double-Upgraded by MS on Earnings Upside, Cheap Valuation (+)
* Bellway Raised, Persimmon and Watkin Jones Cut at Jefferies
* JPM Sees Defensiveness in EU Food Retailers, Cuts J. Martins (+)
* Kingspan Cut to Underperform at Jefferies; Recommends Sika (+)
* Morgan Stanley’s Wilson Says Take Profits on US Equities Rally
* Morgan Stanley’s Wilson Says Take Profits on US Equities Rally
* UCB Cut to Underweight, MS Sees Better Risk-Reward Elsewhere