>>> Up
* ALK-Abello Raised to Buy at SEB Equities; PT 140 kroner
* Diageo ADRs Raised to Buy at CFRA; PT $195
* Hammerson Raised to Hold at Liberum; PT 20 pence
* ISS Raised to Buy at Nordea; PT 200 kroner
* Saipem Raised to Buy at HSBC; PT 1.23 euros
* Technip Energies Raised to Buy at Redburn (+)
* Vestas Raised to Buy at Kepler Cheuvreux; PT 200 kroner (+)
* VW Raised to Buy at BofA (+)
>>> Down
* Assa Abloy Cut to Hold at Berenberg; PT 250 kronor
* Deutsche PBB Cut to Hold at Deutsche Bank; PT 7 euros
* ITM Power Cut to Neutral at Citi
* NWF Group Cut to Hold at Peel Hunt; PT 245 pence
* PhotoCure Cut to Hold at Norne Securities; PT 110 kroner
* Sodexo Cut to Hold at HSBC; PT 100 euros
* Swatch Cut to Underperform at Credit Suisse; PT 180 Swiss francs (+)
* Viafin Service Cut to Accumulate at Inderes; PT 16 euros
* VW Cut to Neutral at Goldman; PT 150 euros
>>> Initiation
* Alpha Finl Markets Rated New Add at Peel Hunt; PT 423 pence
* ASML Rated New Overweight at Morgan Stanley; PT 650 euros
* Babcock Rated New Buy at Berenberg; PT 425 pence
* Eni Reinstated Outperform at Exane; PT 18 euros
* Ericsson Reinstated Equal-Weight at Morgan Stanley; PT 75 kronor
* Forsee Power Rated New Neutral at Oddo BHF; PT 3.30 euros
* Hermes Rated New Neutral at Credit Suisse; PT 1,230 euros (+)
* M&C Saatchi Reinstated Buy at Liberum; PT 260 pence (+)
* National Grid Resumed Overweight at JPMorgan; PT 1,150 pence
* Porsche AG Rated New Buy at Deutsche Bank; PT 115 euros
* Porsche AG Rated New Neutral at Exane; PT 107 euros
* Porsche AG Rated New Overweight at JPMorgan; PT 140 euros
* Porsche AG Rated New Equal-Weight at Morgan Stanley
* Porsche AG Rated New Equal-Weight at Barclays; PT 106 euros
* Porsche AG Rated New Buy at Goldman (+)
* Segro Rated New Buy at SocGen
* Troax Rated New Buy at Nordea; PT 200 kronor
* Watches of Switzerland Rated New Outperform at Credit Suisse (+)
>>> Call
* AB Foods Results Look Mixed, Buyback Will Be Well Received: RBC (+)
* ASML and BE Semi Are Morgan Stanley’s Top European Semi Picks
* Assa Abloy Downgraded at Berenberg on Slowdown, M&A Overhangs
* Babcock ‘Misunderstood and Overlooked,’ New Buy at Berenberg (+)
* Bernstein Strategists Say Buy European Stocks With Low Leverage (+)
* JPMorgan’s Kolanovic Warns of Hawkish Policy’s Risk to Stocks
* MS Prefers Nokia to Ericsson in Tough Telecom-Equipment Sector
* National Grid Rated Overweight at JPM as Energy Transition Play
* NWF Group Cut to Hold at Peel Hunt as Stock Hits Broker’s PT (+)
* Qiagen Guidance Raise May Mean 5% Boost to Consensus, MS Says (+)