>>> Up
* ALK-Abello Raised to Buy at ABG; PT 3,350 kroner
* BT Raised to Buy at Berenberg; PT 200 pence
* Electrocomponents PT Raised to 1,500 pence at Jefferies
* IMI PT Raised to 2,500 pence from 1,100 pence at Peel Hunt
* Petrofac Raised to Buy at Jefferies; PT 180 pence
* Shell Raised to Buy at HSBC; PT 1,890 pence
* UniCredit Raised to Buy at HSBC; PT 14.20 euros
* Wartsila Raised to Buy at HSBC; PT 16 euros
>>> Down
* Alstria Office Cut to Sell at Nord/LB; PT 19.50 euros
* Basler Cut to Hold at Berenberg; PT 150 euros
* Credit Suisse Cut to Market Perform at KBW; PT 11 Swiss francs
* Hermes Cut to Sell at Goldman; PT 1,250 euros
* Moncler Cut to Sell at Goldman; PT 61 euros
* Swedish Match Cut to Underweight at JPMorgan; PT 60 kronor
>>> Initiation
* Brenntag Rated New Overweight at Barclays; PT 95 euros
* Ceres Power Rated New Reduce at HSBC; PT 1,000 pence
* Fortum Reinstated Neutral at Citi; PT 29 euros
* ITM Power Rated New Buy at Jefferies; PT 800 pence
* Korian Rated New Hold at Jefferies; PT 32 euros
* McPhy Rated New Hold at Jefferies; PT 22 euros
* Nel Rated New Buy at Jefferies; PT 23 kroner
* PowerCell Rated New Buy at Jefferies; PT 240 kronor
* Prudential Resumed Buy at Citi; PT 1,879 pence
* SGL Rated New Buy at Stifel; PT 11 euros
* Steico Rated New Hold at Berenberg; PT 121 euros
* Verbund Rated New Sell at Citi; PT 80 euros
>>> Call
* Basler Cut to Hold at Berenberg; Shares Reflect ‘Bright Picture’
* BT Raised to Buy at Berenberg on Strong Outlook, Cheap Valuation
* Citi Cautious on European Power; Verbund Initiated at Sell (1)
* IMI ‘Unleashing’ Its Potential, Gets Street-High PT at Peel Hunt
* ITM Power, Nel, Powercell Are Jefferies Picks in Hydrogen Sector
* Nordex Profit Warning is More Significant Than Expected: Citi
* Petrofac Up to Buy at Jefferies on Optimism for Contract Awards