>>> Up
* Aurubis Raised to Neutral at Exane; PT 71 euros
* Boliden Raised to Outperform at Exane; PT 331 kronor
* EGL LN Raised to Buy at Stifel (+)
* Epiroc Raised to Buy at Pareto Securities; PT 215 kronor
* Eramet Raised to Outperform at Exane; PT 82 euros
* GRIFOLS B SHARES RAISED TO BUY AT CITI, PT EU18
* HSBC Raised to Buy at UBS
* Infineon Raised to Buy at LBBW; PT 39 euros
* MTU Aero Raised to Outperform at Bernstein; PT 250 euros
* Partners Group Raised to Add at Baader Helvea
* Rio Tinto Raised to Outperform at Exane; PT 5,630 pence
* Rolls-Royce Raised to Market Perform at Bernstein; PT 133 pence
* UniCredit Raised to Buy at Deutsche Bank; PT 15 euros
* Valeo Raised to Neutral at Oddo BHF; PT 26 euros
* Wartsila Raised to Buy at OP Corporate Bank (+)
>>> Down
* Aryzta Cut to Add at Baader Helvea; PT 1.45 Swiss francs
* Close Brothers Cut to Sector Perform at RBC; PT 1,700 pence
* Ediliziacrobatica Cut to Hold at Intesa Sanpaolo; PT 20 euros (+)
* GN Store Nord Cut to Add at AlphaValue/Baader
* Grenke Cut to Neutral at Oddo BHF; PT 36 euros (+)
* HOMESERVE DOWNGRADED TO UNDERPERFORM FROM OUTPERFORM AT EXANE
* Hunter Group Cut to Hold at Pareto Securities; PT 3.40 kroner
* Iliad Cut to Hold at SocGen; PT 182 euros
* Mediobanca Cut to Hold at Deutsche Bank; PT 10.90 euros
* Nemetschek Cut to Hold at Deutsche Bank; PT 90 euros
* Nemetschek Cut to Hold at Stifel; PT 95 euros
* Secure Income Cut to Neutral at Goldman; PT 450 pence
* Swiss Re Cut to Hold at DZ Bank; PT 87 Swiss francs (+)
* Unidata Cut to Neutral at Banca Akros (ESN) (+)
>>> Initiation
* Airthings Rated New Buy at SEB Equities; PT 15.75 kroner
* Autogrill Reinstated Neutral at Credit Suisse; PT 6.90 euros (+)
* Moonpig Rated New Neutral at Davy; PT 345 pence (+)
* Naked Wines Rated New Neutral at Davy; PT 695 pence (+)
* On The Beach Rated New Neutral at Davy; PT 350 pence (+)
>>> Call
* Allfunds Upgraded at Morgan Stanley on Platform Fee Upside
* Ambu Shares Face Turbulence Amid Freight Problems, Sydbank Says
* BARCLAYS CUTS U.K. DOMESTIC STOCKS TO UNDERWEIGHT (+)
* Barclays Sees Rising Volatility for Europe, Cuts U.K. Domestics (+)
* Bayer Win May Help Ease Glyphosate Legal Woes, Berenberg Says (+)
* Berenberg Reduces Orsted Price Target by 31% After Share Drop (+)
* Close Brothers Lacks Catalysts, RBC Cuts to Sector Perform
* Eramet Raised to Outperform at Exane on Manganese Price Windfall
* Grifols Raised at Citi on Biotest Deal, U.S. Collection Outlook
* HomeServe Double Downgraded at Exane on U.K. Turmoil; PT Cut 34%
* Infineon Gets LBBW Upgrade, Berenberg PT Hike on CMD Optimism (+)
* UniCredit Raised to Buy at Deutsche Bank on Better Visibility (+)