>>> Up
* Capita Upgraded to Buy as Citi Focuses on Turnaround Momentum
* Enbw Raised to A3 From Baa1 by Moody’s
* Kuehne + Nagel Upgraded to Buy at HSBC; PT 169 Francs
* On The Beach Upgraded to Buy at Numis
* UBS Upgraded to Hold at DZ Bank; Price Target 15 Francs
>>> Down
* Atlantia Downgraded to Neutral at JPMorgan; PT Set to 28 Euros
* Bakkavor Cut to Underweight at Morgan Stanley; PT 1.65 Pounds
* DSV Downgraded to Hold at HSBC; PT 562 Kroner
* Marks & Spencer Downgraded to Reduce at AlphaValue
* Mediclinic Downgraded to Hold at Investec
* Voestalpine Downgraded to Hold at Kepler Cheuvreux; PT 48 Euros
* Wacker Chemie Cut to Hold at Kepler Cheuvreux; PT 138 Euros
* Yara Downgraded to Add at AlphaValue
* YouGov Downgraded to Add at Peel Hunt
>>> Initiation
* AMS Rated New Buy at Liberum; PT 126 Francs
* Balfour Beatty Rated New Equal-weight at Barclays
* Falck Renewables Rated New Outperform at Intermonte
* J. Martins Rated New Buy at JB Capital Markets; PT 16.71 Euros
* Keller Rated New Overweight at Barclays; PT 14 Pounds
* Kier Rated New Underweight at Barclays; PT 9.95 Pounds
* Tikehau Capital Rated New Buy at Berenberg; PT 36 Euros
* Unibail Stapled Still Equal-weight at Morgan Stanley
>>> Call