>>> Up
* BBVA Raised to Buy at AlphaValue/Baader
* Essity Raised to Buy at HSBC; PT 300 kronor
* GSK Raised to Buy at AlphaValue/Baader
* Just Group Raised to Overweight at JPMorgan; PT 95 pence
>>> Down
* Anglo American Cut to Underweight at Morgan Stanley
* Gecina Cut to Reduce at AlphaValue/Baader
* Generali Cut to Underweight at JPMorgan; PT 16.50 euros
* ICADE Cut to Reduce at AlphaValue/Baader
* Nestle Cut to Hold at HSBC; PT 123 Swiss francs
* Nexity Cut to Reduce at AlphaValue/Baader
* Poste Italiane Cut to Neutral at JPMorgan; PT 10.80 euros
* Travis Perkins Cut to Underweight at JPMorgan; PT 800 pence
>>> Initiation
* Alfa Laval Reinstated Hold at Deutsche Bank; PT 280 kronor
* Ergomed Rated New Hold at Shore Capital
* Pandora Rated New Sell at SocGen; PT 394 kroner
* Wartsila Reinstated Buy at Deutsche Bank; PT 11 euros
>>> Call
* Citi Expects European Tech Stocks to Outperform in 2023
* Citi’s Buckland Says US Stocks Stop Pricing Earnings Contraction
* MS Says Miners Pricing in a Lot of Optimism, Anglo American Cut
* Travis Perkins Cut, Be Selective in Building Materials: JPMorgan