>>> Up
* ASMI Raised to Overweight at JPMorgan; PT 210 euros
* Fielmann Raised to Buy at LBBW; PT 70 euros
* Taylor Wimpey Raised to Buy at Deutsche Bank
* Telenet Raised to Overweight at JPMorgan; PT 44 euros
>>> Down
* Banca Generali Cut to Neutral at Banca Akros (ESN) (+)
* Crest Nicholson Cut to Hold at Deutsche Bank
* FFP Cut to Hold at HSBC; PT 100 euros
* InterContinental Hotels Cut to Underperform at Jefferies
* Ipsen Cut to Equal-Weight at Morgan Stanley; PT 85 euros
* Meggitt Cut to Equal-Weight at Morgan Stanley; PT 465 pence
* On The Beach Cut to Underperform at Jefferies; PT 310 pence
* Orange Belgium Cut to Neutral at JPMorgan; PT 22 euros
* SGL Cut to Reduce at HSBC; PT 2.90 euros
* Software AG Cut to Hold at Kepler Cheuvreux; PT 39 euros (+)
* Viafin Service Cut to Reduce at Inderes; PT 16.40 euros
* Whitbread Raised to Buy at Jefferies; PT 4,010 pence
* William Hill Cut to Hold at Jefferies; PT 272 pence
>>> Initiation
* ASR Nederland Rated New Buy at Berenberg; PT 41.70 euros
* Baloise Rated New Hold at Berenberg; PT 182 Swiss francs
* Close Brothers Rated New Hold at Liberum; PT 1,435 pence
* CNP Assurances Rated New Hold at Berenberg; PT 16.50 euros
* Hiscox Rated New Hold at Berenberg; PT 1,085 pence
* Lancashire Rated New Buy at Berenberg; PT 963 pence
* Metro Bank Rated New Sell at Liberum; PT 94 pence
* Netcompany Rated New Buy at Citi; PT 675 kroner
* OSB Group Rated New Buy at Liberum; PT 535 pence
* Paragon Rated New Buy at Liberum; PT 535 pence
* Rolls-Royce Resumed Equal-Weight at Morgan Stanley; PT 132 pence
* Schindler Rated New Reduce at Commerzbank; PT 230 Swiss francs
* SourceBio International Rated New Buy at Liberum; PT 200 pence
* Virgin Money UK Rated New Buy at Liberum; PT 165 pence
* Zur Rose Rated New Buy at Citi; PT 330 Swiss francs
>>> Call
* Bpost ‘Light on Financial Targets,’ Payout Misses: Jefferies (+)
* Equities Upturn Trend to Stay Intact, May Be ‘Hiccups’: Baader ~(+)
* European Insurer M&A Just Getting Started, Berenberg Says
* Ferguson Beat Estimates But Consensus Change Unlikely: Jefferies (+)
* Ipsen Lacks Catalysts, Has Somatuline Overhang: Morgan Stanley
* NENT Has Scope for More Sports Rights Acquisitions: Berenberg (+)
* Taylor Wimpey Upgraded, Crest and Vistry Cut at Deutsche Bank
* Vaccine Will Change Picture for U.K. Leisure, Jefferies Says