>>> Europe : Brokers Upgrades & Downgrades - 11th of May 2021

>>> Up
* Amadeus Raised to Hold at HSBC; PT 55 euros
* British Land Raised to Sector Perform at RBC; PT 465 pence
* CompuGroup Raised to Buy at SRH AlsterResearch; PT 72 euros
* CompuGroup Raised to Buy at Berenberg; PT 85 euros
* Erste Raised to Overweight at Morgan Stanley; PT 39 euros
* Evotec SE Raised to Outperform at RBC; PT 39 euros
* Nike Raised to Buy at Jefferies; PT $192

>>> Down
* Kapsch TrafficCom Cut to Hold at Erste Group; PT 15 euros
* Orange Cut to Neutral at Goldman; PT 11 euros
* Wizz Air Cut to Neutral at Oddo BHF; PT 5,100 pence

>>> Initiation
* Argan Rated New Outperform at Oddo BHF; PT 99 euros
* Cap-XX Reinstated Buy at Cenkos Securities; PT 15 pence
* Deliveroo PLC Rated New Buy at Jefferies; PT 390 pence
* Deliveroo PLC Rated New Neutral at JPMorgan; PT 285 pence
* Deliveroo PLC Rated New Neutral at Citi; PT 285 pence
* Zardoya Rated New Outperform at Oddo BHF; PT 6.90 euros

>>> Call
* AB InBev Seen as a Covid-19 Winner, RBC Lifts Beer Giant’s PT
* Hugo Boss PT, EPS Lifted at Citi on Good Cost Control, Recovery
* U.K. Homebuilders Offer More Upside, Jefferies Raises PTs