>>> Up
* AIB Group Raised to Outperform at KBW; PT 3.30 euros
* Assa Abloy Raised to Hold at HSBC; PT 225 kronor
* Atlas Copco Raised to Buy at HSBC; PT 130 kronor
* BT Raised to Hold at HSBC; PT 185 pence
* Hexpol Raised to Buy at SEB Equities; PT 107 kronor
* Iren Raised to Buy at Intesa Sanpaolo; PT 3.20 euros (+)
* Johnson Matthey Raised to Buy at Panmure Gordon; PT 3,888 pence
* MFE Raised to Overweight at JPMorgan; PT 1.20 euros
* MOL Raised to Buy at Erste Group; PT 3,520 forint
* Monnalisa Raised to Accumulate at Banca Akros (+)
* Safran Raised to Outperform at Exane; PT 134 euros
* Sanoma Raised to Buy at Nordea; PT 15.90 euros
* Standard Chartered PT Raised to 991 pence at Jefferies
* Yara Raised to Overweight at Morgan Stanley; PT 580 kroner
>>> Down
* Altria Cut to Underweight at Morgan Stanley; PT $50
* Banco BPM Cut to Add at Intesa Sanpaolo; PT 3.60 euros (+)
* OCI Cut to Equal-Weight at Morgan Stanley; PT 36 euros
* National Express Cut to Hold at Peel Hunt; PT 270 pence (+)
* Schindler Cut to Reduce at HSBC; PT 173 Swiss francs
>>> Initiation
* Investec Rated New Overweight at ABSA Securities
* Kingspan Reinstated Buy at Goldman; PT 105 euros
* Pensionbee Group Rated New Buy at Jefferies; PT 220 pence
* Rockwool Reinstated Neutral at Goldman; PT 2,257 kroner
* Telefonica Deutschland Rated New Sell at Berenberg
>>> Call
* AIB Upgraded at KBW on Strong Deposit Outlook for Irish Banks (+)
* Altria Gets Only Negative Rating as MS Cites Competitive Risks
* Aryzta’s Expected Balance Sheet Deleverage a Positive: Vontobel (+)
* Credit Suisse Warning No Surprise, Yet Weaker Than Expected: JPM (+)
* ‘Hated’ UK Retail Stocks Could See Short Squeeze, Liberum Says (+)
* Inditex 1Q Sales Beat Helped by Strong US Performance, RBC Says (+)
* National Express Cut to Hold at Peel Hunt on School Bus Woes (+)
* Pensionbee New Buy as Jefferies Sees High Growth Continuing
* Pernod Ricard’s Mid-Term Targets Should be Taken Well: Jefferies (+)
* Safran Raised to Outperform at Exane for First Time in 9 Years
* Telefonica Deutschland New Sell at Berenberg on Dividend Risks
* Wizz Air Results In Line, Summer Commentary ‘Bullish:’ Bernstein (+)
* Yara Now Top Fertilizer Pick at Morgan Stanley, OCI Downgraded