>>> Europe : Brokers Upgrades & Downgrades - 10th of February 20

>>> Up
* Asos Raised to Buy at Berenberg
* Bactiguard Raised to Neutral at Swedbank; PT 92 kronor
* Julius Baer Raised to Overweight at Morgan Stanley
* Norsk Hydro Raised to Neutral at Goldman; PT 29 kroner
* Outokumpu Oyj Raised to Add at AlphaValue
* Skanska Raised to Hold at Handelsbanken; PT 240 kronor
* Worldline Raised to Buy at MainFirst; PT 85 euros

>>> Down
* AF Poyry AB Cut to Sell at Handelsbanken; PT 205 kronor
* Air Liquide Cut to Equal-Weight at Morgan Stanley; PT 132 euros
* DSV Cut to Hold at ABG; PT 820 kroner
* Elisa Oyj PT Raised to 60.80 euros from 38 euros at Berenberg
* Equinor Cut to Hold at Arctic Securities; PT 165 kroner
* Norsk Hydro Cut to Underweight at JPMorgan; PT 25 kroner
* Whitbread Cut to Sell at Goldman; PT 4,200 pence

>>> Initiation


>>> Call
* Confidence in Asos Is Now Restored, Upgrade to Buy: Berenberg
* Julius Baer Upgraded, Self-Help Overlooked: Morgan Stanley
* U.K. Upside Not Priced In; Jefferies Names Five Stocks to Buy