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

>>> Up
* Evraz Raised to Overweight at Morgan Stanley; PT 680 pence
* Eni Raised to Overweight at JPMorgan; PT 15 euros
* Glencore Raised to Overweight at Morgan Stanley; PT 360 pence
* HSBC Raised to Overweight at Barclays; PT 530 pence
* HSBC Raised to Outperform at RBC; PT 460 pence
* InterContinental Hotels Raised to Buy at Berenberg
* Kruk Raised to Neutral at Citi
* Maersk Raised to Hold at Danske Bank Markets; PT 21,000 kroner (+)
* Metsa Board Raised to Buy at Carnegie; PT 10.80 euros
* Piaggio Raised to Buy at Banca Akros (ESN); PT 3.80 euros (+)
* Prodways Raised to Outperform at Oddo BHF (+)
* Repsol Raised to Overweight at JPMorgan; PT 14 euros
* Ryanair Raised to Buy at Peel Hunt; PT 21 euros (+)
* Sava Re Cut to Hold at Wood & Company; PT 30.70 euros (+)
* Standard Chartered Raised to Equal-Weight at Barclays
* Storebrand Raised to Hold at Kepler Cheuvreux; PT 80 kroner (+)
* Wickes Raised to Buy at Deutsche Bank; PT 313 pence

>>> Down
* Anglo American Cut to Equal-Weight at Morgan Stanley
* Autoliv Cut to Underperform at Exane; PT $87
* Equinor Cut to Underweight at JPMorgan; PT 190 kroner
* Ferrari Cut to Neutral at Exane; PT $256
* Galp Cut to Underweight at JPMorgan; PT 10 euros
* Lonza Cut to Equal-Weight at Morgan Stanley; PT 810 Swiss francs
* ManpowerGroup Cut to Underweight at Barclays; PT $120
* OMV Cut to Neutral at JPMorgan; PT 58 euros
* TotalEnergies Cut to Neutral at JPMorgan; PT 48 euros
* Trustpilot Cut to Neutral at JPMorgan; PT 410 pence
* Trustpilot Cut to Hold at Danske Bank Markets; PT 396 pence

>>> Initiation
* Hutchmed China Rated New Buy at CMB International
* Multitude SE Re-Initiated Buy at Hauck & Aufhaeuser (+)
* Recordati Rated New Equal-Weight at Barclays; PT 50 euros
* Vitesco Technologies Group Rated New Buy at Deutsche Bank

>>> Call
* Barry Callebaut Share-Price Weakness Is Buying Opportunity: Citi (+)
* Glencore ‘Has More to Play For,’ Anglo Cut: Morgan Stanley
* IHG Raised at Berenberg on Supportive Trends, Overdone Concerns
* HSBC Up to Outperform at RBC With Shares at Good Entry Point
* HSBC Upgraded at Barclays and RBC on Attractive Valuation (1)
* Lonza Cut at Morgan Stanley, AstraZeneca Among Top Pharma Picks
* Ryanair Upgraded to Buy at Peel Hunt on Strong Bookings (+)