>>> Up
* Alstom Upgraded to Buy at Kepler Cheuvreux; PT 43.50 Euros
* Deutsche Post Upgraded to Buy at Jefferies
* IWG Upgraded to Sector Perform at RBC; PT 2.60 Pounds
* Legal & General Upgraded to Neutral at JPMorgan; PT 2.85 Pounds
* Nordex Upgraded to Neutral at Citi
* Rolls-Royce Raised to Overweight at Morgan Stanley; PT 11 Pounds
* SEB Upgraded to Buy at Handelsbanken; PT 105 Kronor
>>> Down
* Adidas Downgraded to No Position at Evercore ISI
* EDF Downgraded to Hold at HSBC; PT 13.80 Euros
* Gima TT Cut to Underperform at Mediobanca SpA; PT 5.40 Euros
* IMCD Downgraded to Hold at HSBC; PT 70 Euros
* Salini Impregilo Cut to Reduce at Kepler Cheuvreux
* VAT Downgraded to Hold at Kepler Cheuvreux; PT 105 Francs
* Zalando Downgraded to Underperform at MainFirst; PT 31 Euros
>>> Initiation
* Fortum Resumed at Morgan Stanley With Overweight; PT 22 Euros
* Gocompare.com Rated New Hold at Stifel; PT 79 Pence
* Moneysupermarket Rated New Buy at Stifel; PT 4.10 Pounds
>>> Call