>>> Europe : Brokers Upgrades & Downgrades - 16th of July 2020 - V2(+)

>>> Up
* Aker Solutions Raised to Buy at ABG; PT 13 kroner
* ASML Raised to Add at AlphaValue
* Attendo Raised to Buy at ABG; PT 48 kronor
* BP Raised to Buy at Jefferies; PT 350 pence
* British Land Raised to Buy at Jefferies; PT 460 pence
* Deutsche Telekom PT Raised to 20 euros at Bankhaus Metzler
* Draegerwerk Raised to Buy at Nord/LB; PT 103 euros
* Geberit Raised to Buy at MainFirst; PT 560 Swiss francs
* Gjensidige Raised to Neutral at Mediobanca SpA; PT 195 kroner (+)
* Kongsberg Raised to Neutral at SpareBank; PT 145 kroner
* Repsol Raised to Buy at Jefferies; PT 10.10 euros
* Rolls-Royce Raised to Buy at Panmure Gordon; PT 400 pence

>>> Down
* Bawag Cut to Hold at Raiffeisen Centrobank; PT 35 euros
* Fevertree Drinks Cut to Underweight at JPMorgan; PT 1,900 pence
* Gerresheimer Cut to Hold at MainFirst; PT 103 euros
* Ipsen Cut to Hold at SocGen; PT 88 euros (+)
* Sagax Cut to Hold at Pareto Securities; PT 125 kronor (+)
* Santander Bank Polska Cut to Sell at Raiffeisen Centrobank
* Sartorius Stedim Cut to Neutral at Oddo BHF (+)
* Sbanken Cut to Hold at Pareto Securities; PT 72 kroner
* Segro Cut to Hold at Jefferies; PT 905 pence
* Sika Rated New Overweight at Barclays; PT 225 Swiss francs
* Wizz Air Cut to Neutral at Exane; PT 3,200 pence

>>> Initiation
* Focusrite Rated New Buy at Peel Hunt; PT 810 pence
* Skinbiotherapeutics Rated New Buy at Cenkos Securities (+)
* SSP Rated New Buy at Peel Hunt; PT 325 pence
* Xior Student Housing Rated New Buy at ABN Amro Bank

>>> Call
* Berenberg Bullish on PSP Prospects, Stock’s Valuation Attractive
* BP, Repsol Upgraded by Jefferies Amid Higher Brent Forecast
* GVC Price Target Raised at Berenberg After ‘Exceptional’ 2Q (+)
* REIT Income Appears Relatively Attractive, Jefferies Says
* SSP Recovery to Be Gradual, But Well Positioned: Peel Hunt
* Temenos 2Q Update Strong But May Already Be Priced In, Citi Says
* Visibility on Zurich Airport Flight Charges Positive, Citi Says
* Zalando Benefiting From ‘Powerful’ Business Model Shift: BofA (+)