>>> Up
* ALK-Abello Raised to Buy at Kempen & Co; PT 2,750 kroner
* Aston Martin Raised to Buy at Citi
* Axfood Raised to Buy at Danske Bank Markets; PT 230 kronor (+)
* BioNTech ADRs Raised to Buy at Kempen & Co; PT $110
* CNH Industrial PT Raised to 13.50 euros at Banca Akros (ESN) (+)
* Credit Suisse Raised to Overweight at JPMorgan
* Chr. Hansen Raised to Buy at Danske Bank Markets; PT 710 kroner (+)
* CRH Raised to Buy at SocGen; PT 43.14 euros
* Delivery Hero PT Raised to 160 euros from 117 euros at Barclays (+)
* DS Smith Raised to Buy at Jefferies; PT 440 pence
* E.On Raised to Buy at DZ Bank; PT 10.50 euros (+)
* Energean PLC PT Raised to 1,340 pence from 1,140 pence at Citi
* Hargreaves Lansdown Raised to Neutral at Citi; PT 1,570 pence
* HeidelbergCement Raised to Buy at SocGen; PT 75 euros
* Inficon PT Raised to 1,000 Swiss francs at Berenberg
* McDonald's Raised to Outperform at Oppenheimer; PT $240
* Orsted AS PT Raised to 1,700 kroner at Berenberg
* Smurfit Kappa Raised to Buy at Jefferies; PT 44 euros
* Telenor Raised to Buy at HSBC; PT 175 kroner
* Uniper Raised to Overweight at JPMorgan; PT 33 euros
* VAT PT Raised to 245 Swiss francs at Berenberg
>>> Down
* ABN AMRO GDRs Cut to Underperform at Credit Suisse; PT 8 euros (+)
* Amadeus Cut to Underweight at Barclays; PT 40.50 euros
* Atos Cut to Equal-Weight at Barclays; PT 75 euros
* Biocartis Cut to Neutral at Kempen & Co; PT 5 euros
* BMW Cut to Hold at Deutsche Bank; PT 75 euros
* Borregaard Cut to Hold at SEB Equities; PT 155 kroner
* Credit Agricole Cut to Neutral at Credit Suisse; PT 11 euros
* Evotec SE Cut to Neutral at Kempen & Co; PT 30 euros
* Ferrari Cut to Neutral at Citi
* Galapagos Cut to Neutral at Kempen & Co; PT 91 euros
* Givaudan Cut to Hold at Liberum; PT 3,588 Swiss francs
* Gresham House Cut to Hold at Panmure Gordon; PT 819 pence (+)
* Molecular Partners Cut to Neutral at Kempen & Co
* Natixis Cut to Underperform at Credit Suisse; PT 2.50 euros (+)
* NatWest Cut to Neutral at UBS
* Nordic Nanovector Cut to Sell at Kempen & Co; PT 11 kroner
* Q-Linea Cut to Neutral at Kempen & Co; PT 160 kronor
* SEB Cut to Underperform at Credit Suisse; PT 82 kronor (+)
* Standard Chartered Cut to Hold at Investec; PT 500 pence
>>> Initiation
* Essity Rated New Buy at SocGen; PT 320 kronor
* Hyloris Pharmaceuticals Rated New Buy at Berenberg; PT 15 euros
>>> Call
* Ferrari Cut, Aston Martin Raised at Citi on EV Strategies (+)
* Citi Cuts ‘Expensive’ U.S. Stocks to Neutral, Favors EM, U.K.
* Delivery Hero Raise May Signal Aggressive M&A Plan: Jefferies
* Hargreaves Lansdown Risk-Reward Balanced, Up to Neutral: Citi
* James Fisher Update ‘Good Reading,’ Consensus to Rise: Jefferies (+)
* Jefferies Bullish on Packaging, Upgrades Smurfit and DS Smith
* Kuehne’s Vaccine Agreement With Moderna ‘Prestigious:’ Vontobel (+)
* RBC Sees Scope for Bullish Case on European Miners to Continue
* Remy Cointreau Drops; PT Cut at Morgan Stanley on Tariffs Hit
* Remy Fiscal 3Q Was Probably Strong for Cognac, Citi Says
* Saint-Gobain Ends Year Strongly, Expect Positive Reaction: Citi
* Teleperformance U.S. Contract a ‘Positive Surprise,’ MS Says (+)