>>> Europe : Brokers Upgrades & Downgrades - 17th of April 2020

>>> Up
* Ahold Delhaize Raised to Buy at SocGen
* Berkeley Raised to Neutral at Goldman; PT 4,169 pence
* BMW Raised to Buy at HSBC; PT 62.50 euros
* BNP Paribas Raised to Equal-Weight at Barclays; PT 40 euros
* Collector Raised to Hold at ABG; PT 15 kronor
* Ibstock Raised to Buy at UBS; PT 210 pence
* InterContinental Hotels Raised to Overweight at Barclays
* LafargeHolcim Raised to Buy at UBS; PT 44 Swiss francs
* Proximus Raised to Hold at Berenberg
* Sainsbury Raised to Buy at SocGen
* Senior Raised to Buy at Peel Hunt; PT 80 pence
* TP ICAP Raised to Buy at Canaccord; PT 401 pence
* Wm Morrison Supermarkets Raised to Hold at SocGen

>>> Down
* Accor Cut to Equal-Weight at Barclays; PT 21 euros
* IMCD Cut to Hold at Deutsche Bank; PT 65 euros
* Informa Cut to Add at AlphaValue
* Kingspan Cut to Sell at UBS
* Kuehne + Nagel Cut to Sell at Deutsche Bank
* Nixu Cut to Reduce at Inderes; PT 8.20 euros
* Saipem Cut to Hold at MainFirst; PT 2.60 euros
* Schoeller-Bleckmann Cut to Sell at MainFirst; PT 21 euros
* SocGen Cut to Equal-Weight at Barclays; PT 25 euros
* Sonova Cut to Neutral at JPMorgan; PT 163.60 Swiss francs
* Travis Perkins Raised to Neutral at UBS
* Troax Cut to Hold at Handelsbanken; PT 113 kronor
* Whitbread Cut to Equal-Weight at Barclays; PT 2,500 pence
* Wirecard Cut to Neutral at Goldman; PT 130 euros

>>> Initiation
* Basilea Rated New Overweight at Cantor; PT 73 Swiss francs
* ThyssenKrupp Resumed Buy at Citi; PT 8.50 euros

>>> Call
* Senior Has Enough Liquidity to Weather Storm, Peel Hunt Upgrades