>>> Europe : Brokers Upgrades & Downgrades - 14th of Ocotber 2020

>>> Up
* Culti Milano Raised to Outperform at EnVent S.p.A.
* Glaxo Raised to Buy at Intron Health; PT 1,700 pence
* Go-Ahead Raised to Buy at HSBC; PT 775 pence
* Hapag-Lloyd Raised to Overweight at JPMorgan; PT 62.80 euros
* IHG LN PT Raised to 5,000 pence at Deutsche Bank
* Landis + Gyr Raised to Neutral at JPMorgan; PT 50 Swiss francs
* Sartorius Raised to Hold at LBBW; PT 385 euros
* SKF Raised to Equal-Weight at Barclays; PT 190 kronor
* Stagecoach Raised to Buy at HSBC; PT 60 pence
* Standard Life Aberdeen Raised to Buy at HSBC; PT 300 pence
* Telenet Raised to Buy at Berenberg; PT 40.30 euros

>>> Down
* Accor Cut to Hold at Deutsche Bank; PT 27 euros
* DSV Panalpina Cut to Neutral at JPMorgan; PT 989.80 kroner
* FirstGroup Cut to Hold at HSBC; PT 60 pence
* Intrum Cut to Hold at ABG; PT 253 kronor
* Melia Hotels Cut to Sell at Deutsche Bank; PT 3.10 euros
* Proximus Cut to Underweight at Barclays; PT 17 euros
* Repsol Cut to Hold at HSBC; PT 7.10 euros
* VST Building Technologies Cut to Accumulate at SRC Research
* Wartsila Cut to Neutral at Goldman; PT 6.90 euros

>>> Initiation
* Campari Rated New Buy at SocGen; PT 10.80 euros
* Engie Resumed Hold at Deutsche Bank; PT 13 euros
* Erste Reinstated Equal-Weight at Morgan Stanley; PT 25 euros
* Hochtief Reinstated Hold at MainFirst; PT 81 euros
* Kooth Rated New Buy at Panmure Gordon; PT 290 pence
* RBI Reinstated Equal-Weight at Morgan Stanley; PT 15.30 euros
* Reckitt Reinstated Underperform at Bernstein; PT 6,800 pence

>>> Call
* Bayer’s Odds for Successful Appeal ‘Improved’, Susquehanna Says
* Bawag Is Preferred Pick Among Austrian Banks: Morgan Stanley
* Melia Hotels Cut to Sell at Deutsche Bank; PT 3.10 euros
* Telenet Capex Worries Overdone, Berenberg Says, Upgrading to Buy
* *UK PHARMA & BIOTECH SECTOR CUT TO NEUTRAL AT CITI