>>> Europe : Brokers Upgrades & Downgrades - 19th of December 20

>>> Up
* Bpost Upgraded to Outperform at RBC; PT 11 Euros
* Cellectis ADRs Rated New Neutral at Goldman; PT $25
* Fresenius SE Upgraded to Buy at Goldman; PT 52 Euros
* Kongsberg Upgraded to Buy at SEB Equities; PT 130 Kroner
* Petrofac Upgraded to Buy at Kepler Cheuvreux; PT 7.20 Pounds
* SBM Offshore Upgraded to Reduce at AlphaValue
* Serco Upgraded to Hold at Peel Hunt
* Vifor Pharma Upgraded to Equal-weight at Barclays; PT 115 Francs

>>> Down
* Asos Downgraded to Outperform at RBC; PT 32 Pounds
* Autoliv Downgraded to Neutral at Daiwa; PT $76 (Earlier)

>>> Initiation
* Care Property Invest Rated New Buy at Kepler Cheuvreux
* Electrolux Reinstated at SEB Equities With Buy; PT 320 Kronor
* Nitro Games Rated New Buy at SEB Equities; PT 88.60 Kronor
* Qingdao Haier Rated New Overweight at JPMorgan; PT 1.50 Euros
* Remedy Entertainment Rated New Buy at SEB Equities

>>> Call