> >> Europe : Brokers Upgrades & Downgrades - 11th of May 2020

>>> Up
* Amadeus Raised to Buy at UBS; PT 46 euros
* Boohoo Raised to Outperform at Bernstein; PT 415 pence
* Bpost Raised to Buy at MainFirst; PT 8.50 euros
* Carnival Raised to Buy at HSBC; PT $15.90
* Carnival Plc Raised to Buy at HSBC; PT 1,280 pence
* GBL Raised to Hold at HSBC; PT 76 euros
* Geberit Raised to Buy at Kepler Cheuvreux; PT 490 Swiss francs
* LondonMetric Raised to Equal-Weight at Morgan Stanley
* Ontex Raised to Overweight at Barclays; PT 18.70 euros

>>> Down
* Archer Cut to Hold at Arctic Securities; PT 2 kroner
* Austrian Post Cut to Hold at MainFirst; PT 34.50 euros
* Bravida Cut to Hold at Handelsbanken; PT 85 kronor
* Cairo Comm Cut to Hold at Kepler Cheuvreux; PT 1.50 euros
* Colonial Cut to Equal-Weight at Morgan Stanley
* H&M Cut to Sell at Goldman; PT 115 kronor
* Hammerson Cut to Underweight at Morgan Stanley
* Next Cut to Neutral at Goldman; PT 5,300 pence
* Pandox Cut to Equal-Weight at Morgan Stanley
* PostNL Cut to Hold at MainFirst; PT 1.50 euros
* Rizzoli Corriere Cut to Reduce at Kepler Cheuvreux
* Sofina Cut to Hold at Kepler Cheuvreux; PT 226 euros
* Spire Healthcare Cut to Sector Perform at RBC; PT 100 pence
* Storebrand Cut to Reduce at Kepler Cheuvreux; PT 41 kroner
* Unibail Cut to Reduce at AlphaValue
* Weir Cut to Hold at HSBC; PT 985 pence

>>> Initiation
* Gecina Resumed Equal-Weight at Morgan Stanley
* Ipsen Reinstated Hold at Kepler Cheuvreux; PT 70 euros

>>> Call
* German Residential, Logistics Compelling, Avoid Retail REITs: MS
* Ocado Outperformance Benefits Tech Platform the Most: Berenberg
* Spire Healthcare Downgraded at RBC on ‘Substantial’ Uncertainty
* Valeo at Risk as Suppliers’ 1Q Beats Won’t Last Into 2Q: Citi