>>> Up
* ADP Raised to Equal-Weight at Morgan Stanley; PT 123 euros
* Andritz PT Raised to 63 euros from 59 euros at Deutsche Bank
* Assa Abloy Raised to Buy at DNB Markets; PT 300 kronor
* Aviva PT Raised to 540 pence from 480 pence at Berenberg
* Biogaia Raised to Buy at SEB Equities; PT 577 kronor
* Carlsberg Raised to Buy at DNB Markets; PT 1,275 kroner
* Carl Zeiss Meditec Raised to Add at AlphaValue/Baader
* Clariant Raised to Buy at Jefferies; PT 23 Swiss francs
* Dr. Martens Raised to Add at Peel Hunt; PT 475 pence
* Epiroc Raised to Market Perform at Bernstein; PT 190 kronor
* Europris Raised to Buy at Nordea; PT 72 kroner
* Munters Raised to Buy at Carnegie; PT 75 kronor
* SIG Combibloc Raised to Buy at Stifel; PT 24.50 Swiss francs
* Sligro Raised to Outperform at Oddo BHF; PT 26.50 euros
* Washtec Raised to Buy at HSBC; PT 59 euros
>>> Down
* Cofinimmo Cut to Neutral at Oddo BHF; PT 137 euros
* Korian Cut to Hold at Equita; PT 25 euros
* Prosegur Cash Cut to Neutral at Goldman; PT 75 euro cents
* Prosegur Cut to Neutral at Goldman; PT 2.70 euros
* Zurich Airport Cut to Underweight at Morgan Stanley
>>> Initiation
* BMW Reinstated Equal-Weight at Barclays; PT 95 euros
* Daimler Truck Reinstated Overweight at Barclays; PT 43 euros
* Porsche SE Reinstated Overweight at Barclays; PT 112 euros
* Renault Reinstated Underweight at Barclays; PT 33 euros
* Shell ADRs Rated New Buy at MKM; PT $80
* TPG Rated New Neutral at Goldman; PT $34.50
>>> Call
* Aviva Top U.K. Life Insurance Pick at Berenberg, Phoenix Raised
* Carlsberg Shares Likely to Recover, Ukraine Worry Overdone: Citi
* Clariant Raised to Buy at Jefferies on Earnings Outperformance
* Fraport Offers ‘Rare’ Upside in Airports Sector: Morgan Stanley
* Goldman Team Says U.S. Small Caps Are Set to Lag Larger Peers
* Reckitt Unit Sale Would Be Positive, But ‘Tough Sell’: Jefferies
* Swatch PT Upped at RBC But Potential Upside ‘Fairly Limited’