>>> Up
* AB Dynamics Raised to Buy at Stifel; PT 1,331 pence (+)
* Akzo Nobel Raised to Buy at Baader Helvea; PT 75 euros
* Amadeus Raised to Buy at HSBC; PT 55 euros
* BNP Paribas Raised to Hold at SocGen; PT 30 euros
* Brenntag Raised to Buy at Baader Helvea; PT 45 euros
* Covestro Raised to Buy at Baader Helvea; PT 33 euros
* Diageo Raised to Buy at Liberum; PT 3,100 pence
* Elementis Raised to Buy at Stifel; PT 65 pence (+)
* Enagas Raised to Sector Perform at RBC; PT 19.70 euros
* Eni Raised to Outperform at Bernstein; PT 13 euros
* Eni ADRs Raised to Outperform at Bernstein; PT $29
* Equinor Raised to Outperform at Bernstein; PT 170 kroner
* Equinor ADRs Raised to Outperform at Bernstein; PT $19
* FinecoBank Raised to Accumulate at Banca Akros (ESN) (+)
* Go-Ahead Raised to Buy at Liberum; PT 1,500 pence
* Gurit Raised to Buy at Baader Helvea; PT 1,450 Swiss francs
* Lanxess Raised to Buy at Baader Helvea; PT 46 euros
* Nabaltec Raised to Buy at Baader Helvea; PT 28 euros
* National Grid Raised to Buy at UBS
* Repsol Raised to Outperform at Bernstein; PT 13 euros
* Restaurant Group Raised to Buy at HSBC; PT 80 pence
* Severn Trent Raised to Outperform at RBC; PT 2,500 pence
* Stagecoach Raised to Buy at Liberum; PT 125 pence
* Travis Perkins Raised to Outperform at Exane; PT 1,010 pence
* Tryg Raised to Buy at Handelsbanken; PT 195 kroner
* United Utilities Raised to Outperform at RBC; PT 975 pence
>>> Down
* Banco BPM Cut to Neutral at Citi, Cut to EUR1.50 From EUR1.75
* Centrica Cut to Underperform at RBC; PT 33 pence
* DP Aircraft I Cut to Hold at Jefferies
* Electrocomponents Cut to Hold at HSBC; PT 480 pence
* Emmi Cut to Hold at MainFirst; PT 900 Swiss francs
* Engie Cut to Hold at HSBC; PT 10.20 euros
* E.On Cut to Sector Perform at RBC; PT 9.50 euros
* Ferguson Cut to Hold at HSBC; PT 5,000 pence
* Grifols Cut to Neutral at Citi; PT 19.72 euros
* Grifols ADRs Cut to Neutral at Citi
* H&M Cut to Add at AlphaValue
* Iberdrola Cut to Sector Perform at RBC; PT 10 euros
* Impax Asset Raised to Buy at Peel Hunt; PT 350 pence (+)
* Lufthansa Cut to Sell at DZ Bank; PT 6.50 euros (+)
* Metro AG Cut to Reduce at Oddo BHF (+)
* Michelin Cut to Add at AlphaValue
* Micro Focus Cut to Sell at Investec; PT 325 pence (+)
* Mol Cut to Hold at Renaissance Capital; PT 2,600 forint (+)
* Pirelli Cut to Add at AlphaValue
* Salvatore Ferragamo Cut to Reduce at Equita (+)
* SSE Cut to Underperform at RBC; PT 1,150 pence
* Stockmann Cut to Sell at Handelsbanken; PT 90 euro cents
* Voestalpine Cut to Underperform at Credit Suisse; PT 22 euros (+)
>>> Initiation
* SEIT LN Rated New Positive at Stifel
* Ubisoft Rated New Equal-Weight at Wells Fargo; PT 80 euros
>>> Call
* Codemasters Update Has ‘Much to Like,’ Sales Strong: Jefferies (+)
* Emmi Shares Fully Valued Given Headwinds; Mainfirst Downgrades (+)
* EU Utilities Insulated From Virus Impacts, But Not Immune: RBC (+)
* Hugo Boss Scrapping Dividend Is a Short-Term Negative, Citi Says
* Nordic Insurers Now at Bargain Prices, Tryg Raised to Buy at SHB (+)
* U.K. Bank PTs Slashed at Morgan Stanley; Lloyds Preferred (+)