>>> Europe : Brokers Upgrades & Downgrades - 12th of August 2021

>>> Up
* Accor Raised to Buy at Citi; PT 38 euros
* Atlantia Raised to Buy at SocGen; PT 18.10 euros
* Cofinimmo Raised to Overweight at Barclays; PT 148 euros
* Hill & Smith PT Raised to 2,080 pence at Jefferies
* Kapsch TrafficCom Raised to Accumulate at Erste Group
* Leroy Raised to Buy at SEB Equities; PT 95 kroner
* Merck KGaA Raised to Add at AlphaValue/Baader

>>> Down
* Alstria Office Cut to Equal-Weight at Barclays; PT 16.50 euros
* Atlantic Sapphire ASA Cut to Sell at SEB Equities; PT 72 kroner
* *ELEMENTIS CUT TO EQUAL-WEIGHT AT MORGAN STANLEY, PT 161P
* Salzgitter Raised to Reduce at AlphaValue/Baader

>>> Initiation
* CompuGroup Rated New Buy at Jefferies; PT 89 euros
* Dufry Resumed Equal-Weight at Morgan Stanley; PT 55 Swiss francs
* Nam R. Rated New Hold at Stifel; PT 11.60 euros
* Porsche SE Reinstated Hold at Jefferies; PT 93 euros

>>> Call
* Accor Raised to Buy at Citi as Pullback Creates Entry Point
* Freenet Guidance Increase Should Push Consensus Higher: Citi
* Genmab Guidance Raise Expected, Pipeline Looks Strong: Analysts