>>> Europe : Brokers Upgrades & Downgrades - 16th of July 2021

>>> Up
* Atea Raised to Buy at Handelsbanken; PT 200 kroner
* Atrium European Raised to Hold at HSBC; PT 3.30 euros
* Deutsche Euroshop Raised to Buy at HSBC; PT 24.50 euros
* Duerr Raised to Buy at Baader Helvea; PT 42 euros
* Hammerson Raised to Hold at HSBC; PT 38 pence
* Krones Raised to Buy at Baader Helvea; PT 100 euros
* S Immo Raised to Buy at Wood & Company; PT 23.90 euros
* Tullow Raised to Hold at Jefferies; PT 50 pence
* Unibail Raised to Buy at HSBC; PT 102 euros
* XXL Raised to Buy at Pareto Securities; PT 25 kroner

>>> Down
* Borregaard Cut to Sell at SEB Equities; PT 200 kroner
* CTT Cut to Underweight at Barclays; PT 3.20 euros
* DSV Panalpina Cut to Hold at Handelsbanken; PT 1,625 kroner
* Evotec SE Cut to Hold at Stifel; PT 38.50 euros
* Investor AB Cut to Hold at Handelsbanken; PT 212 kronor
* Klepierre Cut to Hold at HSBC; PT 24 euros
* Nel Cut to Underweight at JPMorgan; PT 15 kroner

>>> Initiation
* Aquis Exchange Rated New Buy at Panmure Gordon; PT 840 pence
* Schindler Reinstated Underperform at Exane; PT 235 Swiss francs
* Traton Reinstated Neutral at Exane; PT 27 euros

>>> Call
* Kardex Jumps as Stifel Initiates With a Buy, Sets Street High PT