>>> Europe : Brokers Upgrades & Downgrades - 15th of june 2020 V2(+)

>>> Up
* Bpost Raised to Hold at Jefferies; PT 6 euros
* Ceconomy Raised to Buy at Bryan Garnier; PT 5.50 euros (+)
* Deutsche Telekom Raised to Buy at Berenberg; PT 17.70 euros
* Enea Raised to Buy at ABG; PT 185 kronor
* Heineken Raised to Outperform at Credit Suisse; PT 96 euros
* Hochtief Raised to Buy at Oddo BHF; PT 100 euros (+)
* ISS Raised to Buy at Goldman; PT 180 kroner
* Kapsch TrafficCom Raised to Accumulate at Erste Group (+)
* Mondelez Raised to Buy at Berenberg; PT $61
* Novartis Raised to Buy at Citi; PT 103 Swiss francs
* UCB Raised to Buy at Oddo BHF; PT 108 euros (+)
* Unibail Raised to Buy at Oddo BHF; PT 105 euros (+)
* Valeo Raised to Buy at BofA; PT 27 euros (+)
* Wizz Air Raised to Buy at HSBC; PT 3,600 pence

>>> Down
* Ahold Delhaize Cut to Neutral at Bryan Garnier; PT 24 euros (+)
* Austrian Post Cut to Underperform at Jefferies; PT 25 euros
* BNP Paribas Cut to Underweight at Barclays; PT 37.20 euros
* Brunello Cucinelli Cut to Sell at Goldman; PT 27.10 euros
* Diageo Cut to Neutral at Credit Suisse; PT 2,900 pence
* Equinor Cut to Sell at Goldman; PT 140 kroner
* Finnair Cut to Reduce at HSBC; PT 65 euro cents
* Sandvik Cut to Underperform at RBC; PT 130 kronor
* SFC Energy Cut to Sell at M.M. Warburg; PT 10 euros (+)
* SocGen Cut to Underweight at Barclays; PT 17.70 euros
* Sodexo Cut to Sell at Goldman; PT 61 euros
* Tryg Cut to Sell at Danske Bank Markets; PT 180 kroner (+)
* TUI Cut to Reduce at Oddo BHF; PT 341.16 pence

>>> Initiation
* Clinigen Rated New Outperform at Davy; PT 1,100 pence
* Eqtec Rated New Buy at Arden Partners; PT 2.18 pence (+)
* Fortum Oyj Rated New Underperform at Bernstein; PT 13.50 euros
* Idorsia Reinstated Buy at Deutsche Bank; PT 38 Swiss francs
* Jadestone Energy Rated New Buy at Peel Hunt; PT 100 pence
* Pelatro Rated New Buy at Cenkos Securities
* Revenio Group Oyj Rated New Buy at SEB Equities; PT 30 euros

>>> Call
* Bunzl 1H Impressive Amid Virus Protection Stockpiling, Citi Says (+)
* JPMorgan Closes Call for Rotation Into Cyclical, Value Stocks (+)
* Austrian Post Cut at Jefferies Amid Challenging Postal Outlook
* Cineworld Scrapping Cineplex Deal Short-Term Positive: Jefferies
* Deutsche Telekom Has Re-Rating Potential, Berenberg Ups to Buy
* Jefferies Hikes Gambling PTs on Sports Returning, U.S. Growth
* H&M 2Q Sales ‘Very Weak´ as Expected, Morgan Stanley Says (+)
* Mondelez Upgraded at Berenberg Amid Optimism for Food Sector
* Telia, Orange, AMS, Deutsche Telekom: European TMT Premarket (+)
* Valeo Double Upgraded At BofA, Consensus Estimates Cut Enough