>>> Europe : Brokers Upgrades & Downgrades - 10th of March 2021 V2(+)

>>> Up
* Agfa-Gevaert Raised to Buy at KBC Securities (+)
* Campari Raised to Hold at HSBC; PT 8.50 euros
* CNP Assurances Raised to Buy at Berenberg; PT 21.40 euros
* Deutsche PBB Raised to Buy at Pareto Securities; PT 11 euros
* Deutsche Telekom Raised to Buy at Citi; PT 18.50 euros
* Ferrovial Raised to Buy at SocGen; PT 26.20 euros
* Ferrexpo Raised to Buy at Liberum; PT 500 pence
* Gimv Raised to Buy at KBC Securities (+)
* Melia Hotels PT Raised to 8.50 euros at Deutsche Bank
* NH Hotel Raised to Buy at Deutsche Bank; PT 5.20 euros
* Norsk Hydro Raised to Overweight at Barclays; PT 73 kroner
* Senior Raised to Add at Peel Hunt; PT 128 pence
* Tenaris Raised to Equal-Weight at Barclays; PT 10.50 euros
* Texaf Raised to Buy at KBC Securities; PT 44 euros
* Vaisala Raised to Reduce at Inderes; PT 30 euros
* Voyageurs du Monde Raised to Buy at Gilbert Dupont; PT 115 euros (+)

>>> Down
* ASTM SpA Cut to Neutral at Banca Akros (ESN); PT 25.60 euros (+)
* Basic-Fit Cut to Sector Perform at RBC; PT 35 euros
* Capital & Counties Cut to Hold at Stifel; PT 185 pence (+)
* Continental Cut to Underperform at Oddo BHF; PT 110 euros (+)
* Inditex Cut to Neutral at Alantra Equities; PT 30.50 euros (+)
* Lundin Energy Cut to Hold at SEB Equities; PT 300 kronor (+)

>>> Initiation
* Ferrovial Rated New Outperform at Mediobanca SpA; PT 27.20 euros (+)
* Italgas Reinstated Outperform at RBC; PT 5.75 euros
* Snam Reinstated Sector Perform at RBC; PT 4.65 euros
* Terna Reinstated Sector Perform at RBC; PT 5.75 euros

>>> Call
* IAG Raised at JPMorgan After Greensill-Driven Selloff ‘Overdone’
* CNP Assurances Strategy Shift Prompts Upgrade at Berenberg
* ESG Single Biggest Risk for Alcoholic Beverage Stocks: Jefferies (+)
* Ferrexpo Upgraded to Buy at Liberum on Demand for Greener Steel
* Hydro Raised to Overweight on Upside Potential at Barclays
* Just Eat Takeaway Results Enough for a Bounce, Jefferies Says (+)
* Leonardo Cash Guidance Weaker, Orders Positive: Morgan Stanley
* Melia, Scandic Get Street High PTs at ‘Selective’ Deutsche Bank (+)
* Regulated Utilities’ Growth Prospects Underappreciated, RBC Says
* Ferragamo’s 4Q Shows ‘Small’ Signs of Recovery, Says Jefferies
* Senior Upgraded at Peel Hunt on Improved Long-Term Prospects
* Spirax-Sarco Earnings Ahead, Outlook is Robust, Jefferies Says (+)