>>> Up
* AB InBev Raised to Buy at Jefferies; PT 60 euros
* Aktia Bank Raised to Buy at Handelsbanken; PT 11.20 euros
* American Eagle Raised to Overweight at Barclays; PT $18
* Coty Raised to Buy at Jefferies; PT $4
* Diageo Raised to Buy at Jefferies; PT 3,300 pence
* Dufry Raised to Hold at MainFirst; PT 30 Swiss francs
* FirstGroup Raised to Buy at Citi
* Glencore Raised to Neutral at JPMorgan; PT 230 pence
* Grafton Raised to Outperform at Davy
* Hapag-Lloyd Raised to Buy at Deutsche Bank; PT 55 euros
* Heineken Raised to Buy at Jefferies; PT 95 euros
* Hunting Raised to Overweight at Barclays; PT 260 pence
* Jupiter Raised to Neutral at Citi
* Knorr-Bremse Raised to Buy at M.M. Warburg; PT 124 euros (+)
* McPhy Raised to Buy at Gilbert Dupont; PT 31 euros (+)
* National Express Raised to Buy at Citi
* Pernod Ricard Raised to Buy at Jefferies; PT 170 euros
* Rizzoli Corriere Raised to Accumulate at Banca Akros (ESN) (+)
*
* SFC Energy Raised to Hold at Commerzbank; PT 15.50 euros
* Sika Raised to Overweight at Morgan Stanley
* Taylor Wimpey Raised to Outperform at Credit Suisse (+)
* Urban Outfitters Raised to Overweight at Barclays; PT $26
* Vivendi REiterate with Overweight, PT €38 at JPM
>>> Down
* Amadeus Cut to Reduce at HSBC; PT 40 euros
* Go-Ahead Cut to Neutral at Citi
* Industrivarden Cut to Hold at DNB Markets; PT 260 kronor
* JM Cut to Sell at SEB Equities; PT 231 kronor
* NatWest Cut to Hold at Investec; PT 120 pence (+)
* PVH Cut to Underweight at Barclays; PT $58
* Ralph Lauren Cut to Equal-Weight at Barclays; PT $71
* Royal Unibrew Cut to Hold at Jefferies; PT 700 kroner
>>> Initiation
* Siemens Energy Rated New Buy at Citi; PT 27 euros
* Simcorp Rated New Underperform at Exane; PT 740 kroner
* SMA Solar Rated New Buy at Berenberg; PT 50 euros
>>> Call
* AB InBev, Diageo Among Value Recovery Beverage Picks: Jefferies
* ESG Becoming Key Theme in Building Materials, Sika Upgraded: MS
* Europe Asset Managers Face Headwinds, Citi Says, Raising Jupiter (+)
* Grafton Upgraded, Has ‘Strength Through Diversity,’ Davy Says (+)
* Hunting Double-Upgraded at Barclays on ‘Inappropriate’ Valuation (+)
* Shell, BP, Eni, Equinor Have Price Targets Cut at Morgan Stanley
* SMA Solar Gets Street-High PT on Strong Positioning: Berenberg
* Student Bus Upside, Volume Downside for U.K. Transport: Citi
* Tesco 2H Outlook Is Upbeat After 1H Earnings Beat: Jefferies (+)