>>> Up
* Anglo American Raised to Overweight at Morgan Stanley
* Cellnex Raised to Buy at Kempen & Co; PT 64 euros
* Eurazeo SE Raised to Buy at Jefferies
* Lenzing Raised to Buy at Raiffeisen Centrobank; PT 83 euros
* L'Oreal Raised to Equal-Weight at Morgan Stanley; PT 300 euros
* Merck KGaA PT Raised to 167 euros from 107 euros at Commerzbank
* Montea Raised to Neutral at Kempen & Co; PT 95 euros
* Royal Mail PT Raised to 400 pence from 210 pence at Citi
>>> Down
* Abcam Cut to Sector Perform at RBC; PT 1,500 pence
* Bakkafrost Cut to Hold at ABG; PT 603 kroner
* CompuGroup Cut to Hold at Berenberg; PT 85 euros
* Encavis Cut to Reduce at Commerzbank; PT 13 euros
* Michelin Cut to Neutral at Goldman; PT 113 euros
* RSA Cut to Hold at Jefferies; PT 650 pence
* Smurfit Kappa Cut to Hold at Jefferies
* UDG Cut to Underperform at Jefferies; PT 585 pence
>>> Initiation
* Allegro.eu Rated New Neutral at Citi
* Allegro.eu Rated New Neutral at Goldman; PT 96 zloty
* Allegro.eu Rated New Overweight at JPMorgan; PT 115 zloty
* Allegro.eu Rated New Equal-Weight at Morgan Stanley
* Allegro.eu Rated New Equal-Weight at Barclays; PT 72 zloty
* Burberry Rated New Market Perform at CICC; PT 1,300 pence
* Givaudan Reinstated Underperform at Jefferies
* Intesa Sanpaolo Resumed Equal-Weight at Morgan Stanley
* JD Sports Rated New Overweight at JPMorgan; PT 1,000 pence
* Knaus Tabbert Rated New Buy at Jefferies; PT 73 euros
* Kering Rated New Outperform at CICC; PT 670 euros
* Kerry Group Reinstated Buy at Jefferies; PT 130 euros
* Symrise Rated New Hold at Jefferies; PT 115 euros
>>> Call
* Anglo American Earnings Power is Resilient: Morgan Stanley
* Evolution Valuation Reasonable, Buy the Stock: Dagens Industri
* Bernstein Quants Say Biden Win Favors Growth, Reflation Delayed
* CompuGroup Cut With Underlying Growth a Little Softer: Berenberg
* Goldman Strategists Say Post-Vote Focus Set to Return to Vaccine
* Cyclicals to Drive Next Leg Higher for Global Stocks: UBS Wealth
* Richemont JV with Alibaba and Farfetch to Improve Sentiment: RBC
* Smurfit Kappa Downgraded With Upside Now Limited, Jefferies Says