>>> Up
* Bank of Ireland Raised to Outperform at KBW; PT 4.70 euros
* Borr Drilling Raised to Neutral at SpareBank; PT 7.50 kroner
* Continental AG Raised to Overweight at JPMorgan; PT 140 euros
* Delivery Hero PT Raised to 158 euros from 140 euros at Citi
* ElringKlinger Raised to Neutral at JPMorgan; PT 9 euros
* Infineon PT Raised to 38 euros from 35 euros at Liberum
* LVMH Raised to Buy at China Renaissance; PT 590 euros
* Permanent TSB Raised to Market Perform at KBW; PT 1.20 euros
* Royal Mail Raised to Hold at Berenberg; PT 280 pence
* SCA Raised to Hold at Jefferies; PT 131 kronor
* Solvay Raised to Buy at Berenberg; PT 125 euros
* Spire Healthcare Raised to Hold at Jefferies; PT 159 pence
* Uniper Raised to Hold at SocGen; PT 28 euros
>>> Down
* AIB Group Cut to Market Perform at KBW; PT 2.50 euros
* Aixtron Cut to Hold at M.M. Warburg; PT 14 euros (+)
* Aker Solutions Cut to Sell at Arctic Securities; PT 12 kroner
* BMW Cut to Neutral at JPMorgan; PT 85 euros
* British Land Cut to Underweight at Morgan Stanley
* Codemasters Cut to Hold at Shore Capital
* Great Portland Cut to Equal-Weight at Morgan Stanley
* HSBC Cut to Hold at Investec; PT 390 pence
* Jost Werke Cut to Hold at Stifel; PT 47 euros
* Jost Werke Cut to Neutral at JPMorgan; PT 42 euros
* Land Sec. Cut to Underweight at Morgan Stanley
* Norsk Hydro Cut to Neutral at SpareBank; PT 42 kroner
* Orange Belgium Cut to Hold at KBC Securities; PT 22 euros (+)
* Petrofac Cut to Hold at Investec; PT 150 pence (+)
* Pirelli Cut to Underweight at JPMorgan; PT 4 euros
* TI Fluid Cut to Neutral at JPMorgan; PT 260 pence
* UPM-Kymmene Cut to Underperform at Jefferies; PT 25 euros
* YIT Cut to Reduce at Inderes; PT 5 euros (+)
>>> Initiation
* E.On Reinstated Neutral at JPMorgan; PT 10 euros
* Nagarro Rated New Buy at Jefferies; PT 110 euros
* Nordnet Rated New Buy at Berenberg; PT 145 kronor
* Nordnet Rated New Buy at Citi; PT 155 kronor
* Nordnet Rated New Neutral at JPMorgan; PT 137 kronor
* Thermador Groupe Rated New Buy at Oddo BHF; PT 75 euros (+)
>>> Call
* Dialog Semi Update ‘Positive,’ Smartphone Units Improved: RBC (+)
* Spire Healthcare Raised to Hold at Jefferies on New NHS Contract
* Office Outlook Tough to Call, MS Downgrades Three U.K. Landlords
* Royal Mail Risks More Balanced, Cautious Longer-Term: Berenberg
* Solvay Raised to Buy; Berenberg Sees Re-Rating Potential
* Stora Enso Preferred Pulp/Forest Stock, UPM Cut at Jefferies