>>> Europe : Brokers Upgrades & Downgrades - 19th of August 2021

>>> Up
* Bodycote PT Raised to 1,030 pence from 915 pence at Berenberg
* Lanxess Raised to Buy at Goldman; PT 72 euros
* Varta Raised to Buy at SRH AlsterResearch; PT 143 euros
* va-Q-tec Raised to Buy at Kepler Cheuvreux; PT 32 euros
* *VITEC RAISED TO BUY VS HOLD AT BERENBERG, PT 1,810P
* Weir Raised to Overweight at JPMorgan; PT 1,970 pence

>>> Down
* Admiral Cut to Reduce at HSBC; PT 3,050 pence
* Galapagos Cut to Equal-Weight at Barclays; PT 50 euros
* Grieg Seafood Cut to Hold at Arctic Securities; PT 90 kroner
* Michelin Raised to Reduce at AlphaValue/Baader
* Nvidia Cut to Sell at Summit Insights
* Stock Spirits Cut to Hold at HSBC; PT 380 pence

>>> Initiation
* CTS Eventim Rated New Hold at SRH AlsterResearch; PT 55 euros
* Teleperformance Rated New Buy at Berenberg; PT 425 euros

>>> Call
* Slow Winter for International Travel Threatens European Profit
* Teleperformance a Buy on Growth ‘Supercycle,’ Berenberg Says
* Vitec Now at ‘Compelling Time to Buy,’ Berenberg Upgrades