4. juuli Euroopas
Upgrades
* BioMerieux Raised to Buy at TP ICAP Midcap; PT 106 euros
* Bunzl Raised to Buy at HSBC; PT 3,460 pence
* Ferragamo Raised to Neutral at Goldman; PT 9.10 euros
* H&M Raised to Buy at HSBC; PT 200 kronor
* OCI Raised to Buy at Jefferies
* Sartorius Stedim Raised to Outperform at Oddo BHF; PT 190 euros
* Schindler Raised to Buy at Bank Vontobel; PT 300 Swiss francs
* Swedbank Raised to Outperform at Handelsbanken
Downgrades
* Alfen Cut to Hold at ING; PT 19 euros
* Galp Cut to Neutral at JB Capital Markets; PT 21.60 euros
* Merus Power Cut to Reduce at Inderes; PT 4.50 euros
* Spectris Cut to Underperform at Davy
* Topdanmark Cut to Hold at Danske Bank Markets; PT 370 kroner
* Vestas Cut to Neutral at Grupo Santander; PT 190 kroner
Initiations
* Afyren SAS Rated New Corporate at Bryan Garnier; PT 3.60 euros
* Card Factory Rated New Buy at Berenberg; PT 154 pence
* Forterra Rated New Outperform at RBC; PT 210 pence
* Ibstock Rated New Outperform at RBC; PT 200 pence
* Kalmar Rated New Buy at DNB Markets; PT 35 euros
* LSE Group Rated New Neutral at Oddo BHF; PT 10,500 pence
* Torm Rated New Buy at Arctic Securities; PT 326.89 kroner
5. juuli Euroopas
Upgrades
* Lloyds Raised to Outperform at BNPP Exane; PT 72 pence
* Maersk Raised to Buy at Fearnley; PT 16,200 kroner
* Spirax Group PLC Raised to Neutral at BNPP Exane; PT 8,300 pence
Downgrades
* AT&S Cut to Accumulate at Erste Group; PT 24.30 euros
* Aker BP Cut to Hold at DNB Markets; PT 290 kroner
* Carl Zeiss Meditec Cut to Hold at DZ Bank; PT 68 euros
* Softcat Cut to Underperform at Jefferies; PT 1,490 pence
* Swatch Cut to Neutral at Bryan Garnier; PT 290 Swiss francs
* Tele2 Cut to Sell at Berenberg; PT 93 kronor
* Verve Group Cut to Accumulate at Inderes; PT 2.56 euros
* Yara Cut to Hold at Kepler Cheuvreux; PT 324 kroner
* Zehnder Cut to Hold at Kepler Cheuvreux; PT 62 Swiss francs
Initiations
* Capsol Technologies Rated New Buy at Pareto Securities
* Close Brothers Rated New Buy at Deutsche Bank; PT 610 pence
* Fagerhult Group AB Reinstated Buy at ABG; PT 90 kronor
* Givaudan Rated New Hold at DZ Bank; PT 4,135 Swiss francs
* Grenke Rated New Buy at Hauck & Aufhaeuser; PT 35 euros
* M&C Saatchi Rated New Buy at Shore Capital; PT 240 pence
* VZ Holding Rated New Add at Baader Helvea; PT 127 Swiss francs
Upgrades
* Lloyds Raised to Outperform at BNPP Exane; PT 72 pence
* Maersk Raised to Buy at Fearnley; PT 16,200 kroner
* Spirax Group PLC Raised to Neutral at BNPP Exane; PT 8,300 pence
Downgrades
* AT&S Cut to Accumulate at Erste Group; PT 24.30 euros
* Aker BP Cut to Hold at DNB Markets; PT 290 kroner
* Carl Zeiss Meditec Cut to Hold at DZ Bank; PT 68 euros
* Softcat Cut to Underperform at Jefferies; PT 1,490 pence
* Swatch Cut to Neutral at Bryan Garnier; PT 290 Swiss francs
* Tele2 Cut to Sell at Berenberg; PT 93 kronor
* Verve Group Cut to Accumulate at Inderes; PT 2.56 euros
* Yara Cut to Hold at Kepler Cheuvreux; PT 324 kroner
* Zehnder Cut to Hold at Kepler Cheuvreux; PT 62 Swiss francs
Initiations
* Capsol Technologies Rated New Buy at Pareto Securities
* Close Brothers Rated New Buy at Deutsche Bank; PT 610 pence
* Fagerhult Group AB Reinstated Buy at ABG; PT 90 kronor
* Givaudan Rated New Hold at DZ Bank; PT 4,135 Swiss francs
* Grenke Rated New Buy at Hauck & Aufhaeuser; PT 35 euros
* M&C Saatchi Rated New Buy at Shore Capital; PT 240 pence
* VZ Holding Rated New Add at Baader Helvea; PT 127 Swiss francs
8. juuli Euroopas
Upgrades
* Arkema Raised to Neutral at JPMorgan; PT 92 euros
* BHG Group Raised to Buy at SEB Equities; PT 26 kronor
* Credit Agricole Raised to Outperform at BNPP Exane; PT 17 euros
* Equinor Raised to Hold at Pareto Securities; PT 290 kroner
* FinecoBank Raised to Buy at Jefferies; PT 16.30 euros
* I Grandi Viaggi Raised to Buy at Banca Akros (ESN)
* Melrose Industries Raised to Outperform at RBC; PT 650 pence
* Michelin Raised to Buy at HSBC; PT 40 euros
* Pirelli Raised to Buy at HSBC; PT 6.40 euros
* Salmar Raised to Buy at SpareBank; PT 655 kroner
* Ubisoft Raised to Buy at Jefferies; PT 29 euros
Downgrades
* Catena Cut to Hold at DNB Markets; PT 575 kronor
* Direct Line Cut to Neutral at JPMorgan; PT 210 pence
* Finnair Cut to Hold at Evli Bank; PT 3 euros
* Hyloris Pharmaceuticals Cut to Accumulate at KBC Securities
* K+S Cut to Underperform at BofA; PT 10 euros
* Nemetschek Cut to Neutral at Bryan Garnier; PT 83 euros
Initiations
* Angling Direct Rated New Buy at Canaccord; PT 57 pence
* B&M European Reinstated Buy at Canaccord; PT 600 pence
* Card Factory Reinstated Buy at Canaccord; PT 185 pence
* Cereno Scientific Rated New Buy at RX Securities; PT 9 kronor
* Dunelm Reinstated Buy at Canaccord; PT 1,250 pence
* Elektro Importoren Rated New Buy at SpareBank; PT 15 kroner
* Halfords Reinstated Hold at Canaccord; PT 146 pence
* Pets at Home Rated New Buy at Canaccord; PT 350 pence
* Procook Group Rated New Buy at Canaccord; PT 48 pence
* Topps Tiles Reinstated Hold at Canaccord; PT 42 pence
* WH Smith Reinstated Buy at Canaccord; PT 1,469 pence
* Wickes Rated New Buy at Canaccord; PT 180 pence
Upgrades
* Arkema Raised to Neutral at JPMorgan; PT 92 euros
* BHG Group Raised to Buy at SEB Equities; PT 26 kronor
* Credit Agricole Raised to Outperform at BNPP Exane; PT 17 euros
* Equinor Raised to Hold at Pareto Securities; PT 290 kroner
* FinecoBank Raised to Buy at Jefferies; PT 16.30 euros
* I Grandi Viaggi Raised to Buy at Banca Akros (ESN)
* Melrose Industries Raised to Outperform at RBC; PT 650 pence
* Michelin Raised to Buy at HSBC; PT 40 euros
* Pirelli Raised to Buy at HSBC; PT 6.40 euros
* Salmar Raised to Buy at SpareBank; PT 655 kroner
* Ubisoft Raised to Buy at Jefferies; PT 29 euros
Downgrades
* Catena Cut to Hold at DNB Markets; PT 575 kronor
* Direct Line Cut to Neutral at JPMorgan; PT 210 pence
* Finnair Cut to Hold at Evli Bank; PT 3 euros
* Hyloris Pharmaceuticals Cut to Accumulate at KBC Securities
* K+S Cut to Underperform at BofA; PT 10 euros
* Nemetschek Cut to Neutral at Bryan Garnier; PT 83 euros
Initiations
* Angling Direct Rated New Buy at Canaccord; PT 57 pence
* B&M European Reinstated Buy at Canaccord; PT 600 pence
* Card Factory Reinstated Buy at Canaccord; PT 185 pence
* Cereno Scientific Rated New Buy at RX Securities; PT 9 kronor
* Dunelm Reinstated Buy at Canaccord; PT 1,250 pence
* Elektro Importoren Rated New Buy at SpareBank; PT 15 kroner
* Halfords Reinstated Hold at Canaccord; PT 146 pence
* Pets at Home Rated New Buy at Canaccord; PT 350 pence
* Procook Group Rated New Buy at Canaccord; PT 48 pence
* Topps Tiles Reinstated Hold at Canaccord; PT 42 pence
* WH Smith Reinstated Buy at Canaccord; PT 1,469 pence
* Wickes Rated New Buy at Canaccord; PT 180 pence
9. juuli Euroopas
Upgrades
* Addtech Raised to Buy at ABG; PT 310 kronor
* Avanza Raised to Hold at Handelsbanken
* BMW Raised to Buy at HSBC; PT 109 euros
* Carlsberg Raised to Buy at ABG; PT 1,000 kroner
* Credit Agricole Raised to Equal-Weight at Morgan Stanley
* Currys Raised to Buy at Deutsche Bank; PT 95 pence
* Handelsbanken Raised to Buy at HSBC; PT 120 kronor
* Hill & Smith Raised to Buy at Shore Capital
* Kerry Group Raised to Overweight at Barclays; PT 97 euros
* Kingfisher Raised to Buy at Deutsche Bank; PT 310 pence
* LVMH Raised to Buy at CIC; PT 850 euros
* Lagercrantz Raised to Buy at ABG; PT 200 kronor
* Moonpig Raised to Buy at Deutsche Bank; PT 220 pence
* Naturgy Raised to Sector Perform at RBC; PT 21 euros
* Prysmian Raised to Buy at Jefferies; PT 73 euros
* SEB Raised to Buy at HSBC; PT 180 kronor
* Voestalpine Raised to Outperform at BNPP Exane; PT 29.50 euros
Downgrades
* Britvic Cut to Neutral at Redburn; PT 1,315 pence
* DIA Cut to Hold at Bestinver; PT 1 euro cent
* DWS Cut to Neutral at BNPP Exane; PT 37 euros
* ITM Power Cut to Neutral at JPMorgan; PT 90 pence
* Mercedes Cut to Underperform at BofA; PT 60 euros
* Swedbank Cut to Market Perform at KBW; PT 250 kronor
* Tamtron Group Cut to Reduce at Inderes; PT 6.20 euros
* Umicore Cut to Neutral at Redburn; PT 17 euros
* Verallia Cut to Neutral at Grupo Santander; PT 37.77 euros
* Wallenstam Cut to Hold at Danske Bank Markets; PT 42 kronor
Initiations
* Aalberts Re-Initiated Accumulate at KBC Securities
* Arkema Reinstated Outperform at BNPP Exane; PT 122 euros
* BCP Reinstated Overweight at Morgan Stanley; PT 49 euro cents
* Baltic Classifieds Group Rated New Buy at Berenberg
* Billerud Rated New Hold at Stifel; PT 110.09 kronor
* CAB Payments Reinstated Hold at Peel Hunt
* DS Smith Reinstated Buy at Stifel; PT 498.40 pence
* Flutter Rated New Buy at Hedgeye
* Holmen Rated New Hold at Stifel; PT 476.06 kronor
* Inmobiliaria Colonial Resumed Underweight at Morgan Stanley
* Mondi Rated New Buy at Stifel; PT 1,842.44 pence
* SCA Rated New Hold at Stifel; PT 163.64 kronor
* Stora Enso Rated New Hold at Stifel; PT 13.82 euros
* UPM-Kymmene Rated New Buy at Stifel; PT 43.50 euros
* Verallia Rated New Buy at Stifel; PT 51.97 euros
* Vestum Reinstated Buy at Kepler Cheuvreux; PT 12 kronor
Upgrades
* Addtech Raised to Buy at ABG; PT 310 kronor
* Avanza Raised to Hold at Handelsbanken
* BMW Raised to Buy at HSBC; PT 109 euros
* Carlsberg Raised to Buy at ABG; PT 1,000 kroner
* Credit Agricole Raised to Equal-Weight at Morgan Stanley
* Currys Raised to Buy at Deutsche Bank; PT 95 pence
* Handelsbanken Raised to Buy at HSBC; PT 120 kronor
* Hill & Smith Raised to Buy at Shore Capital
* Kerry Group Raised to Overweight at Barclays; PT 97 euros
* Kingfisher Raised to Buy at Deutsche Bank; PT 310 pence
* LVMH Raised to Buy at CIC; PT 850 euros
* Lagercrantz Raised to Buy at ABG; PT 200 kronor
* Moonpig Raised to Buy at Deutsche Bank; PT 220 pence
* Naturgy Raised to Sector Perform at RBC; PT 21 euros
* Prysmian Raised to Buy at Jefferies; PT 73 euros
* SEB Raised to Buy at HSBC; PT 180 kronor
* Voestalpine Raised to Outperform at BNPP Exane; PT 29.50 euros
Downgrades
* Britvic Cut to Neutral at Redburn; PT 1,315 pence
* DIA Cut to Hold at Bestinver; PT 1 euro cent
* DWS Cut to Neutral at BNPP Exane; PT 37 euros
* ITM Power Cut to Neutral at JPMorgan; PT 90 pence
* Mercedes Cut to Underperform at BofA; PT 60 euros
* Swedbank Cut to Market Perform at KBW; PT 250 kronor
* Tamtron Group Cut to Reduce at Inderes; PT 6.20 euros
* Umicore Cut to Neutral at Redburn; PT 17 euros
* Verallia Cut to Neutral at Grupo Santander; PT 37.77 euros
* Wallenstam Cut to Hold at Danske Bank Markets; PT 42 kronor
Initiations
* Aalberts Re-Initiated Accumulate at KBC Securities
* Arkema Reinstated Outperform at BNPP Exane; PT 122 euros
* BCP Reinstated Overweight at Morgan Stanley; PT 49 euro cents
* Baltic Classifieds Group Rated New Buy at Berenberg
* Billerud Rated New Hold at Stifel; PT 110.09 kronor
* CAB Payments Reinstated Hold at Peel Hunt
* DS Smith Reinstated Buy at Stifel; PT 498.40 pence
* Flutter Rated New Buy at Hedgeye
* Holmen Rated New Hold at Stifel; PT 476.06 kronor
* Inmobiliaria Colonial Resumed Underweight at Morgan Stanley
* Mondi Rated New Buy at Stifel; PT 1,842.44 pence
* SCA Rated New Hold at Stifel; PT 163.64 kronor
* Stora Enso Rated New Hold at Stifel; PT 13.82 euros
* UPM-Kymmene Rated New Buy at Stifel; PT 43.50 euros
* Verallia Rated New Buy at Stifel; PT 51.97 euros
* Vestum Reinstated Buy at Kepler Cheuvreux; PT 12 kronor
11. juuli Euroopas
Upgrades
* Alstom Raised to Overweight at JPMorgan; PT 21.80 euros
* Elopak Raised to Outperform at BNPP Exane; PT 44.10 kroner
* Enagas Raised to Outperform at Mediobanca SpA; PT 21 euros
* Husqvarna Raised to Buy at Nordea; PT 105 kronor
* MFE Raised to Overweight at JPMorgan
* Novartis Raised to Outperform at Oddo BHF; PT 112 Swiss francs
* Osmosun Raised to Buy at TP ICAP Midcap; PT 6.60 euros
* ProSieben Raised to Overweight at JPMorgan
* Rotork Raised to Buy at HSBC; PT 380 pence
* Sandoz Group Raised to Buy at Bank Vontobel; PT 40 Swiss francs
Downgrades
* Anglo American Cut to Sector Perform at RBC; PT 2,600 pence
* Evotec SE Cut to Hold at Deutsche Bank
* GRID LN Cut to Sector Perform at RBC; PT 75 pence
* Galp Cut to Underweight at Morgan Stanley; PT 18.40 euros
* JM Cut to Hold at SEB Equities; PT 208 kronor
* Knaus Tabbert Cut to Neutral at BNPP Exane; PT 38 euros
* Mercedes Cut to Hold at DZ Bank; PT 65 euros
* Neste Cut to Sector Perform at RBC
* Nyfosa Cut to Hold at Kepler Cheuvreux; PT 125 kronor
* Publicis Cut to Neutral at JPMorgan
* Schibsted Cut to Underperform at BofA
* SyntheticMR Cut to Hold at Danske Bank Markets; PT 18 kronor
* Wolters Kluwer Cut to Neutral at JPMorgan
Initiations
* IDOX PLC Rated New Buy at Berenberg; PT 81 pence
* NOVAL GA Rated New Hold at Wood & Company; PT 3.10 euros
* SUSS MicroTec SE Rated New Buy at Deutsche Bank; PT 83 euros
Upgrades
* Alstom Raised to Overweight at JPMorgan; PT 21.80 euros
* Elopak Raised to Outperform at BNPP Exane; PT 44.10 kroner
* Enagas Raised to Outperform at Mediobanca SpA; PT 21 euros
* Husqvarna Raised to Buy at Nordea; PT 105 kronor
* MFE Raised to Overweight at JPMorgan
* Novartis Raised to Outperform at Oddo BHF; PT 112 Swiss francs
* Osmosun Raised to Buy at TP ICAP Midcap; PT 6.60 euros
* ProSieben Raised to Overweight at JPMorgan
* Rotork Raised to Buy at HSBC; PT 380 pence
* Sandoz Group Raised to Buy at Bank Vontobel; PT 40 Swiss francs
Downgrades
* Anglo American Cut to Sector Perform at RBC; PT 2,600 pence
* Evotec SE Cut to Hold at Deutsche Bank
* GRID LN Cut to Sector Perform at RBC; PT 75 pence
* Galp Cut to Underweight at Morgan Stanley; PT 18.40 euros
* JM Cut to Hold at SEB Equities; PT 208 kronor
* Knaus Tabbert Cut to Neutral at BNPP Exane; PT 38 euros
* Mercedes Cut to Hold at DZ Bank; PT 65 euros
* Neste Cut to Sector Perform at RBC
* Nyfosa Cut to Hold at Kepler Cheuvreux; PT 125 kronor
* Publicis Cut to Neutral at JPMorgan
* Schibsted Cut to Underperform at BofA
* SyntheticMR Cut to Hold at Danske Bank Markets; PT 18 kronor
* Wolters Kluwer Cut to Neutral at JPMorgan
Initiations
* IDOX PLC Rated New Buy at Berenberg; PT 81 pence
* NOVAL GA Rated New Hold at Wood & Company; PT 3.10 euros
* SUSS MicroTec SE Rated New Buy at Deutsche Bank; PT 83 euros
12. juuli Euroopas
Upgrades
* ADP Raised to Buy at Redburn; PT 140 euros
* Deceuninck Raised to Buy at Kepler Cheuvreux; PT 3.20 euros
* Dormakaba Raised to Outperform at Oddo BHF; PT 546 Swiss francs
* Enagas Raised to Buy at Mirabaud Securities; PT 18.30 euros
* Enel Raised to Buy at Jefferies; PT 8 euros
* Intrum Raised to Hold at ABG; PT 33 kronor
* Polar Capital Raised to Buy at Investec; PT 635 pence
* Suedzucker Raised to Hold at M.M. Warburg; PT 12.50 euros
* VW Raised to Neutral at Redburn; PT 110 euros
Downgrades
* Agfa-Gevaert Cut to Reduce at Kepler Cheuvreux; PT 1 euro
* BW LPG Cut to Hold at Pareto Securities; PT 185 kroner
* Grenergy Renovables Cut to Market Perform at Renta 4
* JM Cut to Reduce at Kepler Cheuvreux; PT 200 kronor
* Kempower Cut to Reduce at Inderes; PT 19 euros
* Tryg Cut to Hold at Jyske Bank; PT 170 kroner
Initiations
* Paratus Energy Services Rated New Buy at Arctic Securities
* Paratus Energy Services Rated New Buy at Pareto Securities
* Theon International Rated New Buy at Marex; PT 16.70 euros
* UMG Rated New Peerperform at Wolfe
* VAT Rated New Neutral at BNPP Exane
Upgrades
* ADP Raised to Buy at Redburn; PT 140 euros
* Deceuninck Raised to Buy at Kepler Cheuvreux; PT 3.20 euros
* Dormakaba Raised to Outperform at Oddo BHF; PT 546 Swiss francs
* Enagas Raised to Buy at Mirabaud Securities; PT 18.30 euros
* Enel Raised to Buy at Jefferies; PT 8 euros
* Intrum Raised to Hold at ABG; PT 33 kronor
* Polar Capital Raised to Buy at Investec; PT 635 pence
* Suedzucker Raised to Hold at M.M. Warburg; PT 12.50 euros
* VW Raised to Neutral at Redburn; PT 110 euros
Downgrades
* Agfa-Gevaert Cut to Reduce at Kepler Cheuvreux; PT 1 euro
* BW LPG Cut to Hold at Pareto Securities; PT 185 kroner
* Grenergy Renovables Cut to Market Perform at Renta 4
* JM Cut to Reduce at Kepler Cheuvreux; PT 200 kronor
* Kempower Cut to Reduce at Inderes; PT 19 euros
* Tryg Cut to Hold at Jyske Bank; PT 170 kroner
Initiations
* Paratus Energy Services Rated New Buy at Arctic Securities
* Paratus Energy Services Rated New Buy at Pareto Securities
* Theon International Rated New Buy at Marex; PT 16.70 euros
* UMG Rated New Peerperform at Wolfe
* VAT Rated New Neutral at BNPP Exane
15. juuli Euroopas
Upgrades
* Arjo Raised to Buy at Nordea; PT 49 kronor
* Autoliv GDRs Raised to Hold at ABG; PT 1,150 kronor
* Avanza Raised to Buy at Nordea; PT 290 kronor
* Capricorn Energy Raised to Add at Peel Hunt; PT 230 pence
* Enagas Raised to Outperform at Grupo Santander; PT 18.75 euros
* Entra Raised to Buy at DNB Markets; PT 140 kroner
* Genmab Raised to Outperform at RBC; PT 2,400 kroner
* Glencore Raised to Overweight at Barclays; PT 550 pence
* Munters Raised to Buy at ABG; PT 220 kronor
* Sparebanken Ost Raised to Buy at DNB Markets; PT 62 kroner
Downgrades
* Addnode Group AB Cut to Hold at ABG; PT 115 kronor
* BP Cut to Equal-Weight at Morgan Stanley; PT 540 pence
* BPER Banca Cut to Market Perform at KBW; PT 6.27 euros
* Ericsson Cut to Hold at ABG; PT 70 kronor
* Glencore Cut to Market Perform at BMO; PT 540 pence
* Groupe Berkem Cut to Hold at Portzamparc; PT 2.30 euros
* Ionos Cut to Neutral at Oddo BHF; PT 27 euros
* Kempower Cut to Hold at Nordea
* Lifco Cut to Hold at SEB Equities; PT 335 kronor
* Lime Technologies Cut to Sell at DNB Markets; PT 340 kronor
* Lufthansa Cut to Sell at Stifel; PT 4.50 euros
* Ocado Cut to Underperform at Bernstein; PT 260 pence
* Xvivo Perfusion Cut to Neutral at Bryan Garnier; PT 480 kronor
Initiations
* Bachem Rated New Underweight at Barclays; PT 71 Swiss francs
* Cavendish Hydrogen Rated New Sell at Arctic Securities
* Foreign & Colonial Rated New Buy at Investec
* Paratus Energy Services Rated New Buy at ABG; PT 75 kroner
* Paratus Energy Services Rated New Buy at DNB Markets
* Tomra Reinstated Neutral at SpareBank; PT 140 kroner
Upgrades
* Arjo Raised to Buy at Nordea; PT 49 kronor
* Autoliv GDRs Raised to Hold at ABG; PT 1,150 kronor
* Avanza Raised to Buy at Nordea; PT 290 kronor
* Capricorn Energy Raised to Add at Peel Hunt; PT 230 pence
* Enagas Raised to Outperform at Grupo Santander; PT 18.75 euros
* Entra Raised to Buy at DNB Markets; PT 140 kroner
* Genmab Raised to Outperform at RBC; PT 2,400 kroner
* Glencore Raised to Overweight at Barclays; PT 550 pence
* Munters Raised to Buy at ABG; PT 220 kronor
* Sparebanken Ost Raised to Buy at DNB Markets; PT 62 kroner
Downgrades
* Addnode Group AB Cut to Hold at ABG; PT 115 kronor
* BP Cut to Equal-Weight at Morgan Stanley; PT 540 pence
* BPER Banca Cut to Market Perform at KBW; PT 6.27 euros
* Ericsson Cut to Hold at ABG; PT 70 kronor
* Glencore Cut to Market Perform at BMO; PT 540 pence
* Groupe Berkem Cut to Hold at Portzamparc; PT 2.30 euros
* Ionos Cut to Neutral at Oddo BHF; PT 27 euros
* Kempower Cut to Hold at Nordea
* Lifco Cut to Hold at SEB Equities; PT 335 kronor
* Lime Technologies Cut to Sell at DNB Markets; PT 340 kronor
* Lufthansa Cut to Sell at Stifel; PT 4.50 euros
* Ocado Cut to Underperform at Bernstein; PT 260 pence
* Xvivo Perfusion Cut to Neutral at Bryan Garnier; PT 480 kronor
Initiations
* Bachem Rated New Underweight at Barclays; PT 71 Swiss francs
* Cavendish Hydrogen Rated New Sell at Arctic Securities
* Foreign & Colonial Rated New Buy at Investec
* Paratus Energy Services Rated New Buy at ABG; PT 75 kroner
* Paratus Energy Services Rated New Buy at DNB Markets
* Tomra Reinstated Neutral at SpareBank; PT 140 kroner
16. juuli Euroopas
Upgrades
* Airtel Africa Raised to Overweight at JPMorgan; PT 139.40 pence
* Enagas Raised to Buy at Bestinver; PT 16.50 euros
* Sequoia Economic Raised to Buy at Stifel
* Shoper Raised to Buy at Wood & Company; PT 52.60 zloty
Downgrades
* Alfen Cut to Neutral at Oddo BHF; PT 20 euros
* Amplifon Cut to Neutral at Oddo BHF; PT 30 euros
* Bossard Cut to Hold at Research Partners; PT 250 Swiss francs
* Britvic Cut to Hold at HSBC; PT 1,290 pence
* Gjensidige Cut to Sell at Berenberg; PT 160 kroner
* Hugo Boss Cut to Neutral at Oddo BHF; PT 41 euros
* Sagax Cut to Hold at SEB Equities; PT 316 kronor
* Sampo Cut to Hold at SEB Equities; PT 43 euros
* Sitowise Group Cut to Reduce at Inderes; PT 2.90 euros
Initiations
* Auction Technology Group Rated New Sector Perform at RBC
* Domino’s Pizza Group Rated New Outperform at RBC; PT 400 pence
* Hermana Holding Rated New Buy at Clarksons; PT 3.50 kroner
* Metsa Board Resumed Hold at Nordea
* Saipem Reinstated Buy at Intesa Sanpaolo; PT 3 euros
* Sopra Steria Rated New Buy at Berenberg; PT 238 euros
* Stora Enso Resumed Buy at Nordea; PT 15.20 euros
* Team17 Rated New Outperform at RBC; PT 360 pence
* UPM-Kymmene Resumed Buy at Nordea; PT 37 euros
Upgrades
* Airtel Africa Raised to Overweight at JPMorgan; PT 139.40 pence
* Enagas Raised to Buy at Bestinver; PT 16.50 euros
* Sequoia Economic Raised to Buy at Stifel
* Shoper Raised to Buy at Wood & Company; PT 52.60 zloty
Downgrades
* Alfen Cut to Neutral at Oddo BHF; PT 20 euros
* Amplifon Cut to Neutral at Oddo BHF; PT 30 euros
* Bossard Cut to Hold at Research Partners; PT 250 Swiss francs
* Britvic Cut to Hold at HSBC; PT 1,290 pence
* Gjensidige Cut to Sell at Berenberg; PT 160 kroner
* Hugo Boss Cut to Neutral at Oddo BHF; PT 41 euros
* Sagax Cut to Hold at SEB Equities; PT 316 kronor
* Sampo Cut to Hold at SEB Equities; PT 43 euros
* Sitowise Group Cut to Reduce at Inderes; PT 2.90 euros
Initiations
* Auction Technology Group Rated New Sector Perform at RBC
* Domino’s Pizza Group Rated New Outperform at RBC; PT 400 pence
* Hermana Holding Rated New Buy at Clarksons; PT 3.50 kroner
* Metsa Board Resumed Hold at Nordea
* Saipem Reinstated Buy at Intesa Sanpaolo; PT 3 euros
* Sopra Steria Rated New Buy at Berenberg; PT 238 euros
* Stora Enso Resumed Buy at Nordea; PT 15.20 euros
* Team17 Rated New Outperform at RBC; PT 360 pence
* UPM-Kymmene Resumed Buy at Nordea; PT 37 euros
17. juuli Euroopas
Upgrades
* Adidas Raised to Buy at Bryan Garnier; PT 255 euros
* Adidas Raised to Outperform at Telsey; PT 285 euros
* Alstom Raised to Buy at CIC
* De Nora Raised to Hold at Kepler Cheuvreux; PT 11.80 euros
* Enento Group Raised to Buy at SEB Equities; PT 19 euros
* Fraport Raised to Hold at Jefferies; PT 51 euros
* Pandox Raised to Market Perform at Handelsbanken
* Scor Raised to Outperform at Mediobanca SpA; PT 25 euros
* Spirax Group PLC Raised to Hold at HSBC; PT 8,700 pence
Downgrades
* AFRY Cut to Hold at ABG; PT 210 kronor
* Amica Cut to Sell at Trigon Dom Maklerski; PT 60 zloty
* Balder Cut to Hold at Kepler Cheuvreux
* Balder Cut to Hold at Pareto Securities; PT 85 kronor
* Demant Cut to Hold at Nordea; PT 332 kroner
* Demant Cut to Neutral at Oddo BHF; PT 318 kroner
* Fondia Cut to Reduce at Inderes; PT 7 euros
* Konecranes Cut to Hold at Kepler Cheuvreux
* Legal & General Cut to Sector Perform at RBC
* NKT Cut to Sell at Goldman; PT 501 kroner
* Norconsult Norge Cut to Hold at SEB Equities; PT 36 kroner
* Scor Cut to Equal-Weight at Morgan Stanley; PT 25 euros
* Sobi Cut to Sell at Deutsche Bank; PT 250 kronor
Initiations
* Kendrion Rated New Outperform at Oddo BHF; PT 17 euros
* Schibsted Resumed Neutral at Citi; PT 351 kroner
* Siegfried Rated New Outperform at Oddo BHF
Upgrades
* Adidas Raised to Buy at Bryan Garnier; PT 255 euros
* Adidas Raised to Outperform at Telsey; PT 285 euros
* Alstom Raised to Buy at CIC
* De Nora Raised to Hold at Kepler Cheuvreux; PT 11.80 euros
* Enento Group Raised to Buy at SEB Equities; PT 19 euros
* Fraport Raised to Hold at Jefferies; PT 51 euros
* Pandox Raised to Market Perform at Handelsbanken
* Scor Raised to Outperform at Mediobanca SpA; PT 25 euros
* Spirax Group PLC Raised to Hold at HSBC; PT 8,700 pence
Downgrades
* AFRY Cut to Hold at ABG; PT 210 kronor
* Amica Cut to Sell at Trigon Dom Maklerski; PT 60 zloty
* Balder Cut to Hold at Kepler Cheuvreux
* Balder Cut to Hold at Pareto Securities; PT 85 kronor
* Demant Cut to Hold at Nordea; PT 332 kroner
* Demant Cut to Neutral at Oddo BHF; PT 318 kroner
* Fondia Cut to Reduce at Inderes; PT 7 euros
* Konecranes Cut to Hold at Kepler Cheuvreux
* Legal & General Cut to Sector Perform at RBC
* NKT Cut to Sell at Goldman; PT 501 kroner
* Norconsult Norge Cut to Hold at SEB Equities; PT 36 kroner
* Scor Cut to Equal-Weight at Morgan Stanley; PT 25 euros
* Sobi Cut to Sell at Deutsche Bank; PT 250 kronor
Initiations
* Kendrion Rated New Outperform at Oddo BHF; PT 17 euros
* Schibsted Resumed Neutral at Citi; PT 351 kroner
* Siegfried Rated New Outperform at Oddo BHF
18. juuli Euroopas
Upgrades
* B3 Consulting Raised to Buy at Pareto Securities; PT 98 kronor
* Cie du Bois Sauvage Raised to Buy at Kepler Cheuvreux
* Kemira Raised to Accumulate at Inderes; PT 23 euros
* PKO Bank Polski Raised to Buy at Goldman; PT 71 zloty
* Purmo Group Raised to Accumulate at Inderes; PT 13.50 euros
* Rational Raised to Hold at Hauck & Aufhaeuser; PT 730 euros
* Renk Group Raised to Outperform at Oddo BHF; PT 33.50 euros
* Schroders Raised to Overweight at Morgan Stanley; PT 500 pence
* Virbac Raised to Buy at IDMidcaps; PT 390 euros
* Zurich Ins. Raised to Equal-Weight at Morgan Stanley
Downgrades
* ASML Cut to Hold at DZ Bank; PT 935 euros
* Babcock Cut to Hold at Berenberg
* Bittium Cut to Reduce at Inderes; PT 8 euros
* DWS Cut to Equal-Weight at Morgan Stanley; PT 42 euros
* EasyJet Cut to Neutral at Oddo BHF; PT 570 pence
* Gimv Cut to Hold at Kepler Cheuvreux; PT 45 euros
* Lufthansa Cut to Underperform at Oddo BHF; PT 5.50 euros
* Pekao Cut to Neutral at Goldman; PT 177 zloty
* Randstad Cut to Equal-Weight at Morgan Stanley; PT 46 euros
* Ryanair Cut to Neutral at Oddo BHF; PT 20 euros
* Scor Cut to Hold at Berenberg
Initiations
* CTP Rated New Buy at Trigon Dom Maklerski; PT 4.90 euros
* Clariant Rated New Outperform at Oddo BHF; PT 18 Swiss francs
* Exosens SAS Rated New Buy at Citi; PT 29 euros
* Exosens SAS Rated New Outperform at BNPP Exane; PT 25 euros
* Exosens SAS Rated New Outperform at Bernstein; PT 25.50 euros
* Exosens SAS Rated New Outperform at Oddo BHF; PT 28 euros
* Webuild Reinstated Outperform at BNPP Exane; PT 3 euros
Upgrades
* B3 Consulting Raised to Buy at Pareto Securities; PT 98 kronor
* Cie du Bois Sauvage Raised to Buy at Kepler Cheuvreux
* Kemira Raised to Accumulate at Inderes; PT 23 euros
* PKO Bank Polski Raised to Buy at Goldman; PT 71 zloty
* Purmo Group Raised to Accumulate at Inderes; PT 13.50 euros
* Rational Raised to Hold at Hauck & Aufhaeuser; PT 730 euros
* Renk Group Raised to Outperform at Oddo BHF; PT 33.50 euros
* Schroders Raised to Overweight at Morgan Stanley; PT 500 pence
* Virbac Raised to Buy at IDMidcaps; PT 390 euros
* Zurich Ins. Raised to Equal-Weight at Morgan Stanley
Downgrades
* ASML Cut to Hold at DZ Bank; PT 935 euros
* Babcock Cut to Hold at Berenberg
* Bittium Cut to Reduce at Inderes; PT 8 euros
* DWS Cut to Equal-Weight at Morgan Stanley; PT 42 euros
* EasyJet Cut to Neutral at Oddo BHF; PT 570 pence
* Gimv Cut to Hold at Kepler Cheuvreux; PT 45 euros
* Lufthansa Cut to Underperform at Oddo BHF; PT 5.50 euros
* Pekao Cut to Neutral at Goldman; PT 177 zloty
* Randstad Cut to Equal-Weight at Morgan Stanley; PT 46 euros
* Ryanair Cut to Neutral at Oddo BHF; PT 20 euros
* Scor Cut to Hold at Berenberg
Initiations
* CTP Rated New Buy at Trigon Dom Maklerski; PT 4.90 euros
* Clariant Rated New Outperform at Oddo BHF; PT 18 Swiss francs
* Exosens SAS Rated New Buy at Citi; PT 29 euros
* Exosens SAS Rated New Outperform at BNPP Exane; PT 25 euros
* Exosens SAS Rated New Outperform at Bernstein; PT 25.50 euros
* Exosens SAS Rated New Outperform at Oddo BHF; PT 28 euros
* Webuild Reinstated Outperform at BNPP Exane; PT 3 euros
2. august Euroopas
Upgrades
* AUTO1 Raised to Neutral at Oddo BHF; PT 8 euros
* Demant Raised to Buy at SEB Equities; PT 310 kroner
* Kinovo PLC Raised to Buy at Canaccord; PT 95 pence
* Melia Hotels Raised to Buy at Alantra Equities; PT 8.85 euros
* Norrhydro Group Raised to Accumulate at Inderes; PT 2.10 euros
* Sandvik Raised to Overweight at Barclays; PT 220 kronor
* Viaplay Raised to Hold at Kepler Cheuvreux; PT 1 krona
Downgrades
* BayWa Cut to Add at Baader Helvea; PT 16 euros
* Belimo Cut to Hold at Stifel; PT 530 Swiss francs
* Carel Cut to Reduce at Kepler Cheuvreux; PT 15 euros
* De’ Longhi Cut to Hold at Berenberg
* Ebusco Holding Cut to Underperform at Oddo BHF; PT 90 euro cents
* Hammerson Cut to Neutral at BNPP Exane; PT 31 pence
* Indus Holding Cut to Neutral at Oddo BHF; PT 22 euros
* Kalray SADIR Cut to Neutral at Oddo BHF; PT 9 euros
* Lonza Cut to Hold at Equita; PT 600 Swiss francs
* MTU Aero Cut to Hold at Bankhaus Metzler
* Man Group Cut to Add at Peel Hunt
* Metso Cut to Equal-Weight at Barclays; PT 10.50 euros
* Novartis Cut to Hold at Stifel; PT 106 Swiss francs
* Prysmian Cut to Accumulate at Banca Akros (ESN)
* SocGen Cut to Neutral at Citi; PT 26 euros
* Wiit Cut to Hold at TP ICAP Midcap; PT 23.70 euros
Initiations
* Frasers Group Rated New Buy at Jefferies; PT 1,300 pence
* Gerresheimer Rated New Buy at M.M. Warburg; PT 140 euros
* Proximus Resumed Equal-Weight at Morgan Stanley; PT 7.50 euros
Upgrades
* AUTO1 Raised to Neutral at Oddo BHF; PT 8 euros
* Demant Raised to Buy at SEB Equities; PT 310 kroner
* Kinovo PLC Raised to Buy at Canaccord; PT 95 pence
* Melia Hotels Raised to Buy at Alantra Equities; PT 8.85 euros
* Norrhydro Group Raised to Accumulate at Inderes; PT 2.10 euros
* Sandvik Raised to Overweight at Barclays; PT 220 kronor
* Viaplay Raised to Hold at Kepler Cheuvreux; PT 1 krona
Downgrades
* BayWa Cut to Add at Baader Helvea; PT 16 euros
* Belimo Cut to Hold at Stifel; PT 530 Swiss francs
* Carel Cut to Reduce at Kepler Cheuvreux; PT 15 euros
* De’ Longhi Cut to Hold at Berenberg
* Ebusco Holding Cut to Underperform at Oddo BHF; PT 90 euro cents
* Hammerson Cut to Neutral at BNPP Exane; PT 31 pence
* Indus Holding Cut to Neutral at Oddo BHF; PT 22 euros
* Kalray SADIR Cut to Neutral at Oddo BHF; PT 9 euros
* Lonza Cut to Hold at Equita; PT 600 Swiss francs
* MTU Aero Cut to Hold at Bankhaus Metzler
* Man Group Cut to Add at Peel Hunt
* Metso Cut to Equal-Weight at Barclays; PT 10.50 euros
* Novartis Cut to Hold at Stifel; PT 106 Swiss francs
* Prysmian Cut to Accumulate at Banca Akros (ESN)
* SocGen Cut to Neutral at Citi; PT 26 euros
* Wiit Cut to Hold at TP ICAP Midcap; PT 23.70 euros
Initiations
* Frasers Group Rated New Buy at Jefferies; PT 1,300 pence
* Gerresheimer Rated New Buy at M.M. Warburg; PT 140 euros
* Proximus Resumed Equal-Weight at Morgan Stanley; PT 7.50 euros
5. august
Upgrades
* Datalogic Raised to Accumulate at Banca Akros (ESN)
* Datalogic Raised to Hold at Kepler Cheuvreux; PT 6 euros
* Enersense Raised to Accumulate at Inderes; PT 3.40 euros
* Jardine Matheson Raised to Buy at Citi; PT $40.50
* Maersk Raised to Hold at DNB Markets; PT 11,500 kroner
* VAT Raised to Equal-Weight at Barclays; PT 399 Swiss francs
Downgrades
* Almawave Cut to Accumulate at Banca Akros (ESN)
* Comer Industries Cut to Neutral at Mediobanca SpA; PT 37 euros
* Greggs Cut to Hold at HSBC; PT 3,350 pence
* Interroll Cut to Underperform at BNPP Exane
* Kempower Cut to Neutral at BNPP Exane; PT 17 euros
* Lloyds Cut to Neutral at Citi; PT 60 pence
* MARR SpA Cut to Hold at Kepler Cheuvreux; PT 11.50 euros
* Pennon Cut to Equal-Weight at Barclays; PT 685 pence
* Prudential Cut to Hold at Deutsche Bank
* Severn Trent Cut to Equal-Weight at Barclays; PT 2,500 pence
* United Utilities Cut to Underweight at Barclays; PT 975 pence
Initiations
* Daetwyler Rated New Buy at Kepler Cheuvreux; PT 210 Swiss francs
* Haugesund Sparebank Rated New Hold at Norne Securities
* Interpump Rated New Buy at Stifel; PT 51.90 euros
* Serco Reinstated Overweight at JPMorgan; PT 215 pence
Upgrades
* Datalogic Raised to Accumulate at Banca Akros (ESN)
* Datalogic Raised to Hold at Kepler Cheuvreux; PT 6 euros
* Enersense Raised to Accumulate at Inderes; PT 3.40 euros
* Jardine Matheson Raised to Buy at Citi; PT $40.50
* Maersk Raised to Hold at DNB Markets; PT 11,500 kroner
* VAT Raised to Equal-Weight at Barclays; PT 399 Swiss francs
Downgrades
* Almawave Cut to Accumulate at Banca Akros (ESN)
* Comer Industries Cut to Neutral at Mediobanca SpA; PT 37 euros
* Greggs Cut to Hold at HSBC; PT 3,350 pence
* Interroll Cut to Underperform at BNPP Exane
* Kempower Cut to Neutral at BNPP Exane; PT 17 euros
* Lloyds Cut to Neutral at Citi; PT 60 pence
* MARR SpA Cut to Hold at Kepler Cheuvreux; PT 11.50 euros
* Pennon Cut to Equal-Weight at Barclays; PT 685 pence
* Prudential Cut to Hold at Deutsche Bank
* Severn Trent Cut to Equal-Weight at Barclays; PT 2,500 pence
* United Utilities Cut to Underweight at Barclays; PT 975 pence
Initiations
* Daetwyler Rated New Buy at Kepler Cheuvreux; PT 210 Swiss francs
* Haugesund Sparebank Rated New Hold at Norne Securities
* Interpump Rated New Buy at Stifel; PT 51.90 euros
* Serco Reinstated Overweight at JPMorgan; PT 215 pence
8. august Euroopas
Upgrades
* Aallon Group Raised to Buy at Inderes; PT 10 euros
* Ageas Raised to Buy at HSBC; PT 50.50 euros
* Boreo Raised to Accumulate at Inderes; PT 20 euros
* Continental Raised to Buy at DZ Bank; PT 70 euros
* ING PW Raised to Neutral-Short Term Sell at Santander Biuro Maklerskie
* Maersk Raised to Buy at SEB Equities; PT 12,600 kroner
* Mears Raised to Add at Peel Hunt; PT 380 pence
* Sampo Raised to Buy at SEB Equities; PT 44 euros
* Swiss Prime Raised to Buy at Bank Vontobel; PT 105 Swiss francs
Downgrades
* BP Cut to Hold at HSBC; PT 490 pence
* Biohit Cut to Accumulate at Inderes; PT 2.70 euros
* De Nora Cut to Hold at Jefferies; PT 11 euros
* Evotec SE Cut to Sell at Deutsche Bank
* Norwegian Air Cut to Sell at SpareBank; PT 9 kroner
* SBB Cut to Hold at Arctic Securities; PT 7.20 kronor
Initiations
* Engie Rated New Buy at Jefferies; PT 19 euros
* Glencore Reinstated Buy at Citi; PT 530 pence
* Northern Data Rated New Buy at Baader Helvea; PT 36 euros
* TRESTATE GA Rated New Hold at Wood & Company; PT 1.70 euros
Upgrades
* Aallon Group Raised to Buy at Inderes; PT 10 euros
* Ageas Raised to Buy at HSBC; PT 50.50 euros
* Boreo Raised to Accumulate at Inderes; PT 20 euros
* Continental Raised to Buy at DZ Bank; PT 70 euros
* ING PW Raised to Neutral-Short Term Sell at Santander Biuro Maklerskie
* Maersk Raised to Buy at SEB Equities; PT 12,600 kroner
* Mears Raised to Add at Peel Hunt; PT 380 pence
* Sampo Raised to Buy at SEB Equities; PT 44 euros
* Swiss Prime Raised to Buy at Bank Vontobel; PT 105 Swiss francs
Downgrades
* BP Cut to Hold at HSBC; PT 490 pence
* Biohit Cut to Accumulate at Inderes; PT 2.70 euros
* De Nora Cut to Hold at Jefferies; PT 11 euros
* Evotec SE Cut to Sell at Deutsche Bank
* Norwegian Air Cut to Sell at SpareBank; PT 9 kroner
* SBB Cut to Hold at Arctic Securities; PT 7.20 kronor
Initiations
* Engie Rated New Buy at Jefferies; PT 19 euros
* Glencore Reinstated Buy at Citi; PT 530 pence
* Northern Data Rated New Buy at Baader Helvea; PT 36 euros
* TRESTATE GA Rated New Hold at Wood & Company; PT 1.70 euros
12. august
Upgrades
* Atlantic Lithium Raised to Outperform at Macquarie; PT 20 pence
* BE Semiconductor Raised to Buy at Stifel; PT 140 euros
* Bellway Raised to Add at Peel Hunt; PT 3,020 pence
* Bittium Raised to Accumulate at Inderes; PT 8 euros
* Diageo Raised to Sector Perform at RBC; PT 2,400 pence
* Freenet Raised to Buy at Kepler Cheuvreux; PT 30 euros
* Puma Raised to Buy at AlphaValue/Baader
* Puma Raised to Buy at Baader Helvea; PT 45 euros
* Rheinmetall Raised to Buy at M.M. Warburg; PT 600 euros
Downgrades
* 1&1 Cut to Hold at Kepler Cheuvreux; PT 14 euros
* Grenke Cut to Neutral at Oddo BHF; PT 27.30 euros
* JD Sports Cut to Sell at Deutsche Bank; PT 110 pence
* Pihlajalinna Cut to Accumulate at Inderes; PT 11 euros
Initiations
* Aoti Rated New Buy at Peel Hunt; PT 169 pence
* Baltic Classifieds Group Rated New Hold at Wood & Company
* Cargotec Rated New Neutral at BNPP Exane; PT 48 euros
* Kalmar Rated New Buy at Danske Bank Markets; PT 34 euros
* Kalmar Rated New Outperform at BNPP Exane; PT 33 euros
* Restore Rated New Buy at Cavendish; PT 430 pence
* Ypsomed Rated New Equal-Weight at Barclays; PT 450 Swiss francs
Upgrades
* Atlantic Lithium Raised to Outperform at Macquarie; PT 20 pence
* BE Semiconductor Raised to Buy at Stifel; PT 140 euros
* Bellway Raised to Add at Peel Hunt; PT 3,020 pence
* Bittium Raised to Accumulate at Inderes; PT 8 euros
* Diageo Raised to Sector Perform at RBC; PT 2,400 pence
* Freenet Raised to Buy at Kepler Cheuvreux; PT 30 euros
* Puma Raised to Buy at AlphaValue/Baader
* Puma Raised to Buy at Baader Helvea; PT 45 euros
* Rheinmetall Raised to Buy at M.M. Warburg; PT 600 euros
Downgrades
* 1&1 Cut to Hold at Kepler Cheuvreux; PT 14 euros
* Grenke Cut to Neutral at Oddo BHF; PT 27.30 euros
* JD Sports Cut to Sell at Deutsche Bank; PT 110 pence
* Pihlajalinna Cut to Accumulate at Inderes; PT 11 euros
Initiations
* Aoti Rated New Buy at Peel Hunt; PT 169 pence
* Baltic Classifieds Group Rated New Hold at Wood & Company
* Cargotec Rated New Neutral at BNPP Exane; PT 48 euros
* Kalmar Rated New Buy at Danske Bank Markets; PT 34 euros
* Kalmar Rated New Outperform at BNPP Exane; PT 33 euros
* Restore Rated New Buy at Cavendish; PT 430 pence
* Ypsomed Rated New Equal-Weight at Barclays; PT 450 Swiss francs
13. august Euroopas
Upgrades
* Bakkafrost Raised to Hold at ABG; PT 605 kroner
* Bridgepoint Raised to Overweight at JPMorgan; PT 358 pence
* Exasol Raised to Buy at Hauck & Aufhaeuser; PT 3.10 euros
* FLEX LNG Raised to Buy at Arctic Securities; PT 325 kroner
* GTT Raised to Buy at Berenberg
* Hannover Re Raised to Buy at Berenberg; PT 260 euros
* Leroy Raised to Buy at Danske Bank Markets
* Odfjell Raised to Buy at Norne Securities; PT 200 kroner
* Salmar Raised to Buy at ABG; PT 753 kroner
Downgrades
* Antin Cut to Neutral at JPMorgan; PT 14.90 euros
* Endomines Finland Cut to Sell at Inderes; PT 7.30 euros
* KH Group Oyj Cut to Reduce at Inderes; PT 60 euro cents
* Legal & General Cut to Add at AlphaValue/Baader
* Maha Cut to Neutral at SpareBank; PT 8 kronor
* Spirax Cut to Hold at Peel Hunt; PT 8,300 pence
* Stora Enso Cut to Neutral at JPMorgan; PT 14 euros
Initiations
* Danske Bank Reinstated Overweight at Morgan Stanley
* Devyser Diagnostics Rated New Buy at Nordea; PT 125 kronor
* Galderma Rated New Outperform at RBC; PT 89 Swiss francs
* Lottomatica Rated New Buy at Berenberg; PT 16.20 euros
* Uniqa Rated New Buy at AlphaValue/Baader
Upgrades
* Bakkafrost Raised to Hold at ABG; PT 605 kroner
* Bridgepoint Raised to Overweight at JPMorgan; PT 358 pence
* Exasol Raised to Buy at Hauck & Aufhaeuser; PT 3.10 euros
* FLEX LNG Raised to Buy at Arctic Securities; PT 325 kroner
* GTT Raised to Buy at Berenberg
* Hannover Re Raised to Buy at Berenberg; PT 260 euros
* Leroy Raised to Buy at Danske Bank Markets
* Odfjell Raised to Buy at Norne Securities; PT 200 kroner
* Salmar Raised to Buy at ABG; PT 753 kroner
Downgrades
* Antin Cut to Neutral at JPMorgan; PT 14.90 euros
* Endomines Finland Cut to Sell at Inderes; PT 7.30 euros
* KH Group Oyj Cut to Reduce at Inderes; PT 60 euro cents
* Legal & General Cut to Add at AlphaValue/Baader
* Maha Cut to Neutral at SpareBank; PT 8 kronor
* Spirax Cut to Hold at Peel Hunt; PT 8,300 pence
* Stora Enso Cut to Neutral at JPMorgan; PT 14 euros
Initiations
* Danske Bank Reinstated Overweight at Morgan Stanley
* Devyser Diagnostics Rated New Buy at Nordea; PT 125 kronor
* Galderma Rated New Outperform at RBC; PT 89 Swiss francs
* Lottomatica Rated New Buy at Berenberg; PT 16.20 euros
* Uniqa Rated New Buy at AlphaValue/Baader
14. august Euroopas
Upgrades
* Atlas Copco Raised to Buy at ABG; PT 205 kronor
* BPER Banca Raised to Outperform at KBW; PT 6.84 euros
* Domino’s Pizza Group Raised to Buy at Investec; PT 383 pence
* JDE Peet’s Raised to Buy at Jefferies; PT 28.50 euros
* L’Oreal Raised to Hold at Jefferies; PT 365 euros
* Orion Raised to Hold at Jefferies; PT 46 euros
* Swissquote Raised to Buy at Kepler Cheuvreux
Downgrades
* Aker Solutions Cut to Hold at Pareto Securities; PT 48 kroner
* Cancom Cut to Hold at DZ Bank; PT 32 euros
* Cancom Cut to Hold at Hauck & Aufhaeuser; PT 32 euros
* LPP Cut to Neutral at JPMorgan; PT 16,500 zloty
* Mandatum Cut to Market Perform at KBW; PT 4.20 euros
* Mandatum Cut to Reduce at Inderes; PT 4.50 euros
* Swissquote Cut to Hold at Research Partners; PT 290 Swiss francs
* UCB Cut to Hold at KBC Securities
Initiations
* Fagerhult Group AB Rated New Buy at Nordea; PT 76 kronor
* IMI Rated New Buy at Redburn; PT 2,380 pence
Upgrades
* Atlas Copco Raised to Buy at ABG; PT 205 kronor
* BPER Banca Raised to Outperform at KBW; PT 6.84 euros
* Domino’s Pizza Group Raised to Buy at Investec; PT 383 pence
* JDE Peet’s Raised to Buy at Jefferies; PT 28.50 euros
* L’Oreal Raised to Hold at Jefferies; PT 365 euros
* Orion Raised to Hold at Jefferies; PT 46 euros
* Swissquote Raised to Buy at Kepler Cheuvreux
Downgrades
* Aker Solutions Cut to Hold at Pareto Securities; PT 48 kroner
* Cancom Cut to Hold at DZ Bank; PT 32 euros
* Cancom Cut to Hold at Hauck & Aufhaeuser; PT 32 euros
* LPP Cut to Neutral at JPMorgan; PT 16,500 zloty
* Mandatum Cut to Market Perform at KBW; PT 4.20 euros
* Mandatum Cut to Reduce at Inderes; PT 4.50 euros
* Swissquote Cut to Hold at Research Partners; PT 290 Swiss francs
* UCB Cut to Hold at KBC Securities
Initiations
* Fagerhult Group AB Rated New Buy at Nordea; PT 76 kronor
* IMI Rated New Buy at Redburn; PT 2,380 pence
15. august Euroopas
Upgrades
* Aker BioMarine ASA Raised to Buy at SEB Equities; PT 118 kroner
* DCC Raised to Outperform at RBC; PT 5,800 pence
* FLEX LNG Raised to Buy at Pareto Securities; PT 320 kroner
* Genova Property Raised to Buy at Kepler Cheuvreux; PT 58 kronor
* HelloFresh Raised to Hold at Bankhaus Metzler; PT 6.30 euros
* HelloFresh Raised to Hold at DZ Bank; PT 6.50 euros
* Ionos Raised to Overweight at Morgan Stanley; PT 31.50 euros
* Neste Raised to Buy at Redburn; PT 25 euros
* Saint-Gobain Raised to Hold at DZ Bank; PT 75 euros
* Talanx Raised to Buy at DZ Bank; PT 80 euros
* Technotrans Raised to Buy at M.M. Warburg
* Troax Raised to Buy at Danske Bank Markets; PT 265 kronor
* Vestas Raised to Buy at ABG; PT 200 kroner
Downgrades
* 1&1 Cut to Neutral at BNPP Exane; PT 15 euros
* Airtel Africa Cut to Neutral at Goldman; PT 122 pence
* Burberry Cut to Add at AlphaValue/Baader
* DFDS Cut to Hold at Nordea
* ISS Cut to Neutral at BofA; PT 139 kroner
* Netcompany Cut to Hold at ABG; PT 310 kroner
* Svitzer Cut to Hold at Nordea
* United Internet Cut to Neutral at BNPP Exane; PT 20 euros
Initiations
* BRGE LN Rated New Buy at Stifel
* Baillie Gifford European Growth Trust Rated New Hold at Stifel
* Dianomi Resumed Buy at Panmure Liberum; PT 71 pence
* JPMorgan European Growth & Income Rated New Buy at Stifel
Upgrades
* Aker BioMarine ASA Raised to Buy at SEB Equities; PT 118 kroner
* DCC Raised to Outperform at RBC; PT 5,800 pence
* FLEX LNG Raised to Buy at Pareto Securities; PT 320 kroner
* Genova Property Raised to Buy at Kepler Cheuvreux; PT 58 kronor
* HelloFresh Raised to Hold at Bankhaus Metzler; PT 6.30 euros
* HelloFresh Raised to Hold at DZ Bank; PT 6.50 euros
* Ionos Raised to Overweight at Morgan Stanley; PT 31.50 euros
* Neste Raised to Buy at Redburn; PT 25 euros
* Saint-Gobain Raised to Hold at DZ Bank; PT 75 euros
* Talanx Raised to Buy at DZ Bank; PT 80 euros
* Technotrans Raised to Buy at M.M. Warburg
* Troax Raised to Buy at Danske Bank Markets; PT 265 kronor
* Vestas Raised to Buy at ABG; PT 200 kroner
Downgrades
* 1&1 Cut to Neutral at BNPP Exane; PT 15 euros
* Airtel Africa Cut to Neutral at Goldman; PT 122 pence
* Burberry Cut to Add at AlphaValue/Baader
* DFDS Cut to Hold at Nordea
* ISS Cut to Neutral at BofA; PT 139 kroner
* Netcompany Cut to Hold at ABG; PT 310 kroner
* Svitzer Cut to Hold at Nordea
* United Internet Cut to Neutral at BNPP Exane; PT 20 euros
Initiations
* BRGE LN Rated New Buy at Stifel
* Baillie Gifford European Growth Trust Rated New Hold at Stifel
* Dianomi Resumed Buy at Panmure Liberum; PT 71 pence
* JPMorgan European Growth & Income Rated New Buy at Stifel
16. august Euroopas
Upgrades
* Administer Raised to Accumulate at Inderes; PT 3.20 euros
* Big Yellow Group Raised to Buy at Citi; PT 1,525 pence
* Campari Raised to Buy at HSBC; PT 10 euros
* Entain Raised to Neutral at Goldman; PT 710 pence
* Exel Composites Raised to Buy at Evli Bank; PT 40 euro cents
* Marimekko Raised to Accumulate at Inderes; PT 13 euros
* RING NO Raised to Buy at Pareto Securities; PT 330 kroner
* SpareBank 1 Helgeland Raised to Buy at Arctic Securities
* Tamtron Group Raised to Accumulate at Inderes; PT 6 euros
Downgrades
* Alm Brand Cut to Hold at Nordea
* Bioretec Cut to Reduce at Inderes; PT 3 euros
* Cancom Cut to Underperform at BNPP Exane; PT 26 euros
* Crest Nicholson Cut to Equal-Weight at Barclays; PT 220 pence
* Fortum Cut to Reduce at Inderes; PT 14.50 euros
* Kojamo Cut to Neutral at JPMorgan; PT 10.50 euros
* Nel Cut to Hold at Berenberg; PT 7 kroner
* Relais Group Cut to Accumulate at Inderes; PT 16.50 euros
* Scout24 SE Cut to Hold at M.M. Warburg; PT 75 euros
* Sparebank 1 Ostfold Akershus Cut to Hold at Arctic Securities
* Thyssenkrupp Nucera Cut to Hold at Berenberg; PT 12 euros
Upgrades
* Administer Raised to Accumulate at Inderes; PT 3.20 euros
* Big Yellow Group Raised to Buy at Citi; PT 1,525 pence
* Campari Raised to Buy at HSBC; PT 10 euros
* Entain Raised to Neutral at Goldman; PT 710 pence
* Exel Composites Raised to Buy at Evli Bank; PT 40 euro cents
* Marimekko Raised to Accumulate at Inderes; PT 13 euros
* RING NO Raised to Buy at Pareto Securities; PT 330 kroner
* SpareBank 1 Helgeland Raised to Buy at Arctic Securities
* Tamtron Group Raised to Accumulate at Inderes; PT 6 euros
Downgrades
* Alm Brand Cut to Hold at Nordea
* Bioretec Cut to Reduce at Inderes; PT 3 euros
* Cancom Cut to Underperform at BNPP Exane; PT 26 euros
* Crest Nicholson Cut to Equal-Weight at Barclays; PT 220 pence
* Fortum Cut to Reduce at Inderes; PT 14.50 euros
* Kojamo Cut to Neutral at JPMorgan; PT 10.50 euros
* Nel Cut to Hold at Berenberg; PT 7 kroner
* Relais Group Cut to Accumulate at Inderes; PT 16.50 euros
* Scout24 SE Cut to Hold at M.M. Warburg; PT 75 euros
* Sparebank 1 Ostfold Akershus Cut to Hold at Arctic Securities
* Thyssenkrupp Nucera Cut to Hold at Berenberg; PT 12 euros
19. august Euroopas
Upgrades
* ArcelorMittal Raised to Overweight at Barclays; PT 25 euros
* Aryzta Raised to Buy at Bank Vontobel; PT 2.30 Swiss francs
* Ebro Foods Raised to Outperform at Grupo Santander
* Holcim Raised to Buy at Deutsche Bank
* Kesla Raised to Reduce at Inderes; PT 3.80 euros
* Martela Raised to Reduce at Inderes; PT 1 euro
* Medistim Raised to Buy at DNB Markets; PT 190 kroner
* NIBE Industrier Raised to Accumulate at Inderes; PT 53 kronor
* NIBE Industrier Raised to Hold at ABG; PT 50 kronor
* Travis Perkins Raised to Add at Peel Hunt; PT 980 pence
* Vestas Raised to Neutral at BNPP Exane; PT 160 kroner
Downgrades
* Argenx Cut to Accumulate at KBC Securities; PT 530 euros
* Avance Gas Cut to Sell at Arctic Securities; PT 128 kroner
* Emmi Cut to Hold at Bank Vontobel; PT 930 Swiss francs
* Himalaya Shipping Cut to Sell at DNB Markets; PT 67 kroner
* Karnell Group Cut to Hold at SEB Equities; PT 54 kronor
* Mobilezone Cut to Hold at Research Partners
* Nexans Cut to Neutral at Goldman; PT 117 euros
* OSB Group Cut to Hold at Peel Hunt; PT 395 pence
* Ovaro Kiinteistosijoitus Cut to Reduce at Inderes; PT 4.40 euros
* Scatec Cut to Hold at SEB Equities; PT 86 kroner
* Vestas Cut to Hold at Deutsche Bank
Initiations
* Holmen Rated New Equal-Weight at Barclays; PT 390 kronor
* IPC Rated New Hold at Fearnley; PT 145 kronor
Upgrades
* ArcelorMittal Raised to Overweight at Barclays; PT 25 euros
* Aryzta Raised to Buy at Bank Vontobel; PT 2.30 Swiss francs
* Ebro Foods Raised to Outperform at Grupo Santander
* Holcim Raised to Buy at Deutsche Bank
* Kesla Raised to Reduce at Inderes; PT 3.80 euros
* Martela Raised to Reduce at Inderes; PT 1 euro
* Medistim Raised to Buy at DNB Markets; PT 190 kroner
* NIBE Industrier Raised to Accumulate at Inderes; PT 53 kronor
* NIBE Industrier Raised to Hold at ABG; PT 50 kronor
* Travis Perkins Raised to Add at Peel Hunt; PT 980 pence
* Vestas Raised to Neutral at BNPP Exane; PT 160 kroner
Downgrades
* Argenx Cut to Accumulate at KBC Securities; PT 530 euros
* Avance Gas Cut to Sell at Arctic Securities; PT 128 kroner
* Emmi Cut to Hold at Bank Vontobel; PT 930 Swiss francs
* Himalaya Shipping Cut to Sell at DNB Markets; PT 67 kroner
* Karnell Group Cut to Hold at SEB Equities; PT 54 kronor
* Mobilezone Cut to Hold at Research Partners
* Nexans Cut to Neutral at Goldman; PT 117 euros
* OSB Group Cut to Hold at Peel Hunt; PT 395 pence
* Ovaro Kiinteistosijoitus Cut to Reduce at Inderes; PT 4.40 euros
* Scatec Cut to Hold at SEB Equities; PT 86 kroner
* Vestas Cut to Hold at Deutsche Bank
Initiations
* Holmen Rated New Equal-Weight at Barclays; PT 390 kronor
* IPC Rated New Hold at Fearnley; PT 145 kronor
21. august Euroopas
Upgrades
* Arbonia Raised to Buy at Kepler Cheuvreux; PT 15 Swiss francs
* Demant Raised to Overweight at Morgan Stanley; PT 320 kroner
* Elementis Raised to Overweight at Barclays; PT 200 pence
* Entain Raised to Buy at CBRE Research; PT 900 pence
* Jumbo Raised to Overweight at Euroxx Securities; PT 30.50 euros
* Salmar Raised to Outperform at Handelsbanken; PT 835 kroner
* Taaleri Plc Raised to Accumulate at Inderes; PT 9.50 euros
* UCB Raised to Overweight at JPMorgan; PT 200 euros
* Victrex Raised to Hold at Jefferies; PT 1,100 pence
* Voestalpine Raised to Overweight at Morgan Stanley
Downgrades
* Coloplast Cut to Hold at Jyske Bank; PT 950 kroner
* MYNARIC AGNAMENS AKTIEN Cut to Sell at Hauck & Aufhaeuser
* Netum Group Cut to Reduce at Inderes; PT 3.20 euros
* Sonova Cut to Underweight at Morgan Stanley; PT 270 Swiss francs
* SpareBank 1 SMN Cut to Hold at Kepler Cheuvreux; PT 171 kroner
* Watkin Jones Cut to Hold at Peel Hunt; PT 47 pence
Initiations
* Abrdn Asian Income Fund Ltd Rated New Outperform at Peel Hunt
* Cavendish Hydrogen Rated New Buy at Fearnley; PT 22 kroner
* Dustin Reinstated Buy at Nordea; PT 14 kronor
* Inwido Rated New Buy at SEB Equities; PT 206 kronor
* Lapwall Rated New Buy at Evli Bank; PT 3.80 euros
* Stora Enso Reinstated Buy at Kepler Cheuvreux; PT 14 euros
Upgrades
* Arbonia Raised to Buy at Kepler Cheuvreux; PT 15 Swiss francs
* Demant Raised to Overweight at Morgan Stanley; PT 320 kroner
* Elementis Raised to Overweight at Barclays; PT 200 pence
* Entain Raised to Buy at CBRE Research; PT 900 pence
* Jumbo Raised to Overweight at Euroxx Securities; PT 30.50 euros
* Salmar Raised to Outperform at Handelsbanken; PT 835 kroner
* Taaleri Plc Raised to Accumulate at Inderes; PT 9.50 euros
* UCB Raised to Overweight at JPMorgan; PT 200 euros
* Victrex Raised to Hold at Jefferies; PT 1,100 pence
* Voestalpine Raised to Overweight at Morgan Stanley
Downgrades
* Coloplast Cut to Hold at Jyske Bank; PT 950 kroner
* MYNARIC AGNAMENS AKTIEN Cut to Sell at Hauck & Aufhaeuser
* Netum Group Cut to Reduce at Inderes; PT 3.20 euros
* Sonova Cut to Underweight at Morgan Stanley; PT 270 Swiss francs
* SpareBank 1 SMN Cut to Hold at Kepler Cheuvreux; PT 171 kroner
* Watkin Jones Cut to Hold at Peel Hunt; PT 47 pence
Initiations
* Abrdn Asian Income Fund Ltd Rated New Outperform at Peel Hunt
* Cavendish Hydrogen Rated New Buy at Fearnley; PT 22 kroner
* Dustin Reinstated Buy at Nordea; PT 14 kronor
* Inwido Rated New Buy at SEB Equities; PT 206 kronor
* Lapwall Rated New Buy at Evli Bank; PT 3.80 euros
* Stora Enso Reinstated Buy at Kepler Cheuvreux; PT 14 euros