>>> Europe : Brokers Upgrades & Downgrades - 17th of August 2021 V2(+)

>>> Up
* ABN AMRO GDRs Raised to Equal-Weight at Morgan Stanley
* Banco BPM Raised to Market Perform at KBW; PT 3 euros
* Evotec SE PT Raised to 48 euros from 40 euros at M.M. Warburg (+)
* GN Store Nord Raised to Buy at DNB Markets; PT 650 kroner
* Norma PT Raised to 59 euros from 55 euros at Berenberg
* OTP Bank Raised to Buy at SocGen; PT 19,250 forint
* Stabilus PT Raised to 83 euros from 77 euros at Berenberg
* Varta Raised to Buy at DZ Bank

>>> Down
* Beazley Cut to Sell at UBS; PT 382 pence (+)
* Endesa Cut to Equal-Weight at Morgan Stanley; PT 24.50 euros
* FLSmidth Cut to Dropped Coverage at SEB Equities
* Future PLC Cut to Add at Peel Hunt; PT 4,400 pence
* Henkel Cut to Sell at SocGen; PT 79 euros (+)
* Nynomic Cut to Hold at M.M. Warburg (+)
* Sleep Cycle Cut to Hold at Carnegie; PT 85 kronor

>>> Initiation
* Media & Games Invest Rated New Buy at Berenberg; PT 8.20 euros
* Wise Rated New Neutral at Citi; PT 1,030 pence
* Wise Rated New Equal-Weight at Morgan Stanley; PT 950 pence
* Wise Rated New Buy at Goldman; PT 1,250 pence
* Wise Rated New Neutral at Credit Suisse; PT 1,025 pence (+)

>>> Call
* Endesa Downgraded at Morgan Stanley on Limited Re-Rating Scope
* ING Most Preferred Benelux Bank, ABN Amro Raised: Morgan Stanley
* Partners Group a Beat, Performance Fees ‘Very Strong’: Vontobel (+)