>>> Up
* Assa Abloy Raised to Hold at ABG; PT 210 kronor
* Atlantia Raised to Buy at Citi; PT 25.80 euros
* Cewe Stiftung PT Raised to 119 euros at M.M. Warburg (+)
* Covestro Raised to Buy at Citi
* Hastings Raised to Overweight at Morgan Stanley
* Huntsworth Raised to Top Pick at RBC; PT 130 pence
* Konecranes Oyj Raised to Hold at ABG; PT 31 euros
* Mitchells & Butlers Raised to Buy at Berenberg
* Subsea 7 Raised to Outperform at Credit Suisse; PT 122 kroner (+)
* Tele2 Raised to Buy at Handelsbanken; PT 172 kronor
* Vodafone Raised to Buy at Jefferies; PT 176 pence
>>> Down
* Akka Tech Cut to Hold at Portzamparc; PT 69.30 euros (+)
* Avast Cut to Accumulate at Patria Finance; PT 478 pence
* A2A Cut to Sell at Goldman; PT 1.70 euros
* DNB Cut to Hold at Handelsbanken; PT 182 kroner
* Hurricane Energy Cut to Equal-Weight at Barclays; PT 22 pence
* ING Cut to Hold at DZ Bank; PT 10.50 euros (+)
* Kinnevik Cut to Hold at ABG; PT 235 kronor
* Nemetschek Cut to Equal-Weight at Barclays; PT 63 euros
* Orsted Cut to Hold at Commerzbank; PT 740 kroner
* Palfinger Cut to Hold at Erste Group; PT 29.80 euros (+)
* ROCKWOOL International A/S Cut to Hold at Handelsbanken
* Royal Mail Cut to Underperform at Bernstein; PT 135 pence
* SES GDRs Cut to Equal-Weight at Barclays; PT 14 euros
* Signify Cut to Underweight at Morgan Stanley; PT 28 euros
* Spar Nord Cut to Sell at Handelsbanken; PT 65 kroner
* Spar Nord Cut to Sell at ABG; PT 62 kroner
>>> Initiation
* Airbus Rated New Buy at Bankhaus Metzler; PT 170 euros (+)
* Bawag Rated New Buy at HSBC; PT 60 euros
>>> Call
* Atlantia Up to Buy At Citi, Citing Fundamental Valuation Upside
* Bellway’s Strong 1H Supports Expectations For a Good 2020: Citi (+)
* Covestro Double-Upgraded, Own Before the Bad News Ends: Citi (+)
* DNB 2020 Outlook Weakens, Downgraded at Handelsbanken (+)
* HSBC Added to Goldman Conviction List With 50% Stock Upside Seen (+)
* Norsk Hydro’s Results Are Mixed on Weak Demand, Citi Says (+)
* Royal Mail Volume Fade Sparks Bernstein Rating, Jefferies PT Cut (+)
* SpareBank 1 Nord Norge Cut to Hold at ABG; PT 76 kroner
* Vodafone Upgraded as Jefferies Sees Two Paths to Higher Returns