>>> Up
* Aker Solutions Raised to Buy at SEB Equities; PT 11 kroner
* Avance Gas Raised to Buy at Arctic Securities; PT 40 kroner
* Betsson Raised to Buy at Pareto Securities; PT 82 kronor
* BPER Banca Raised to Buy at HSBC; PT 1.75 euros
* BPER Banca Raised to Accumulate at Banca Akros (ESN) (+)
* BW LPG Raised to Buy at Arctic Securities; PT 55 kroner
* Credito Emiliano Raised to Buy at Banca Akros (ESN) (+)
* EDF Raised to Buy at HSBC; PT 12.10 euros
* Intesa Sanpaolo Raised to Accumulate at Banca Akros (ESN) (+)
* Ipsen Raised to Overweight at Barclays; PT 96 euros
* L'Oreal Raised to Hold at Berenberg; PT 280 euros
* LEARNING TECHNOLOGIES RAISED TO BUY VS HOLD AT PEEL HUNT
* McCarthy & Stone Raised to Equal-Weight at Barclays
* New Work SE Raised to Hold at Berenberg; PT 220 euros
* New Work SE Raised to Hold at M.M. Warburg; PT 240 euros (+)
* PKO Raised to Buy at Goldman; PT 30.90 zloty
* RBI Raised to Buy at HSBC; PT 18 euros
* Royal Unibrew Raised to Hold at Handelsbanken; PT 650 kroner
* Synthomer Raised to Overweight at JPMorgan; PT 450 pence
* TechnipFMC Raised to Buy at SocGen; PT $8.89
>>> Down
* Adidas Cut to Hold at HSBC; PT 305 euros
* Beazley Cut to Equal-Weight at Morgan Stanley; PT 350 pence
* Electrolux Raised to Buy at Pareto Securities; PT 230 kronor (+)
* El.En. Cut to Neutral at Banca Akros (ESN) (+)
* Fortum Cut to Neutral at Credit Suisse; PT 19 euros
* ICA Gruppen Cut to Hold at SEB Equities; PT 440 kronor
* Jungheinrich Cut to Hold at Hauck & Aufhaeuser; PT 34 euros (+)
* KWS Saat Cut to Hold at Nord/LB; PT 63 euros
* PGS ASA Cut to Add at AlphaValue (+)
* SAP Cut to Neutral at JPMorgan; PT 120 euros
* Technogym Cut to Neutral at Banca Akros (ESN); PT 6.50 euros (+)
* Topdanmark Cut to Hold at ABG; PT 290 kroner
* Wartsila Cut to Underweight at JPMorgan; PT 6.70 euros
>>> Initiation
>>> Call
* Aryzta Ending Takeover Talks with Elliott a Positive, ZKB Says (+)
* DSV’s Good Performance Takes Pressure Off M&A for Now: Bernstein
* Kungsleden Preferred Swedish Office Exposure Stock: Barclays
* Learning Tech Outlook Improving, Peel Hunt Upgrades to Buy
* Neste Well-Placed to Keep Margins Strong, Berenberg Hikes PT
* Sika Growth Prospects Warrant Near-Term Valuation Premium: Citi (+)