>>> Up
* BT Raised to Overweight at Barclays; PT 160 pence (+)
* BW LPG Raised to Hold at Cleaves Securities; PT 37 kroner
* Euronav Raised to Hold at Cleaves Securities; PT $8
* Flutter Raised to Overweight at Barclays; PT 13,000 pence
* Hargreaves Lansdown Raised to Buy at Berenberg; PT 1,915 pence
* Hikma Raised to Buy at Goldman; PT 3,115 pence
* ING Raised to Outperform at Credit Suisse; PT 9 euros (+)
* Jupiter Raised to Hold at Berenberg; PT 196 pence
* McBride Raised to Buy at Investec; PT 80 pence (+)
* Merck KGaA Raised to Buy at BofA; PT 140 euros (+)
* NatWest Raised to Buy at Investec; PT 120 pence
* Saint-Gobain Raised to Buy at SocGen; PT 41 euros
* Schindler Raised to Buy at HSBC; PT 280 Swiss francs
* Solvay Raised to Outperform at Credit Suisse; PT 90 euros (+)
* St James's Place Raised to Buy at Berenberg; PT 1,195 pence
* Standard Life Aberdeen Raised to Buy at Berenberg; PT 285 pence
>>> Down
* Clariant Cut to Neutral at Credit Suisse; PT 19.20 Swiss francs (+)
* EasyJet Cut to Sell at Goodbody; PT 480 pence
* GVC Cut to Equal-Weight at Barclays; PT 900 pence
* HeidelbergCement Cut to Hold at SocGen; PT 58 euros
* IAG Cut to Hold at Goodbody; PT 225 pence
* Pirelli Raised to Buy at Citi; PT 4.60 euros
* Ryanair Cut to Hold at Goodbody; PT 11.30 euros
* Sika Cut to Hold at SocGen; PT 230 Swiss francs (Yest. PM)
* Valeo Cut to Sell at AlphaValue
* Wizz Air Cut to Hold at Goodbody; PT 3,950 pence
>>> Initiation
* Grenke Rated New Hold at Nord/LB; PT 60 euros
* Schumag Rated New Buy at GSC Research; PT 1.50 euros
>>> Call
* Ashtead 1Q Beat, Underlying Trading is Improving: Jefferies (+)
* BT Upgraded at Barclays on Improving Openreach and FTTP Outlook (+)
* Ashstead Gains Based on ‘Good Peer Performance,’ Liberum Says
* Berenberg Sees Encouraging Signs in European Asset Managers
* Carrefour Sentiment Building Up, France to Improve: JPMorgan (+)
* *EUROPEAN TELECOMS SECTOR CUT TO UNDERWEIGHT AT MORGAN STANLEY
* *EUROPEAN CONSUMER DURABLES RAISED TO NEUTRAL AT MORGAN STANLEY (+)
* Nordic Banks Have ‘Promising’ Start to 3Q, Deutsche Bank Says (+)
* Saint-Gobain Rises on SocGen Upgrade; HeidelbergCement, Sika Cut (Yest. PM)
* Travis Perkins 1H in Line, Recent Trading Encouraging, Citi Says (+)
* Vistry 1H ‘Unsurprisingly Weak,’ But 2H Looks Better: Peel Hunt (+)