>>> Up
* Adecco Raised to Reduce at AlphaValue
* Bunzl Raised to Neutral at Credit Suisse; PT 2,175 pence (+)
* Carrefour Raised to Overweight at JPMorgan; PT 17 euros
* Experian Raised to Outperform at Credit Suisse; PT 3,450 pence (+)
* Fevertree Drinks Raised to Outperform at RBC; PT 2,500 pence
* G4S Raised to Outperform at Credit Suisse; PT 140 pence (+)
* Grafton Raised to Add at Peel Hunt
* Hilton Worldwide Raised to Overweight at Barclays; PT $90
* Hunting Raised to Buy at Goldman; PT 340 pence
* Marriott Intl Raised to Overweight at Barclays; PT $105
* Partners Group Raised to Buy at Goldman; PT 1,000 Swiss francs
* Randstad Raised to Neutral at Credit Suisse; PT 38 euros (+)
* Rentokil Raised to Outperform at Credit Suisse; PT 650 pence (+)
* SGS Raised to Neutral at Credit Suisse; PT 2,200 Swiss francs (+)
* Siemens Gamesa Raised to Overweight at JPMorgan; PT 18 euros
* Tenaris Raised to Buy at Goldman; PT 7.60 euros
* Tenaris ADRs Raised to Buy at Goldman; PT $17
* Travis Perkins Raised to Buy at Peel Hunt
>>> Down
* Ashmore Cut to Sell at Berenberg; PT 331 pence
* Bodycote Cut to Sell at Goldman; PT 520 pence
* Europris Cut to Hold at Nordea (+)
* Kraft Heinz Cut to Sell at Goldman; PT $30
* M1 Kliniken Cut to Hold at Commerzbank; PT 12 euros (+)
* Maersk Cut to Hold at NYKREDIT; PT 8,800 kroner
* Man Group Cut to Hold at Berenberg; PT cut from 160 to 148 pence
* Metall Zug Cut to Hold at MainFirst; PT 2,300 Swiss francs
* Siemens Cut to Hold at LBBW; PT 96 euros
* Vestas Cut to Hold at NYKREDIT; PT 700 kroner
>>> Initiation
* HAEMATO AG Rated New Hold at Commerzbank; PT 2.60 euros (+)
* Nikola Rated New Neutral at JPMorgan; PT $45
* X5 Retail GDRs Rated New Overweight at Morgan Stanley; PT $40
>>> Call
* Ashmore Cut on Tough Outlook, Man Group Downgraded: Berenberg
* Codemasters Results Show Key Risks Have Been Diffused: Jefferies (+)
* Fevertree’s U.S. Opportunity is Intact, RBC Raises to Outperform
* Partners Group Raised at Goldman, Bullish on Product Demand (+)
* Royal Mail Estimates Cut on Costs Offsetting Parcel Volume: Citi
* Siemens Gamesa ‘Turning the Tide,’ Gets Double-Upgrade From JPM (+)
* Tenaris, Hunting Double Upgraded By Goldman on Shale Outlook (+)
* Workspace’s Growing Flexible Leases Offset by Weak U.K. GDP: RBC (+)