>>> Europe : Brokers Upgrades & Downgrades - 1st of July 2020

>>> Up
* Ambu Raised to Buy at ABG; PT 235 kroner
* Ashtead PT Raised to 2,000 pence from 1,750 pence at Berenberg
* Close Brothers Raised to Outperform at RBC; PT 1,400 pence
* Intesa Sanpaolo Raised to Buy at Jefferies; PT 2 euros
* Kingfisher Raised to Buy at Goldman; PT 270 pence
* Lundin Energy Raised to Hold at HSBC; PT 205 kronor
* Sweco Raised to Hold at SEB Equities; PT 400 kronor
* Swedish Match Raised to Buy at Handelsbanken; PT 750 kronor
* TietoEVRY Raised to Neutral at Oddo BHF

>>> Down
* Alten Cut to Neutral at Oddo BHF
* Ascential Cut to Add at Peel Hunt; PT 350 pence
* Cairn Energy Cut to Hold at HSBC; PT 120 pence
* CNH Industrial Cut to Hold at Deutsche Bank; PT $7
* Econocom Cut to Reduce at Oddo BHF
* Hargreaves Lansdown Cut to Sell at Citi
* PGS ASA Cut to Sell at SEB Equities; PT 2 kroner
* TGS Cut to Hold at SEB Equities; PT 150 kroner
* UniCredit Cut to Hold at Jefferies; PT 9 euros
* Unite Group Cut to Hold at Berenberg; PT 1,000 pence
* Virgin Money UK Cut to Sector Perform at RBC; PT 100 pence

>>> Initiation
* BAT Reinstated Buy at Goldman; PT 4,000 pence
* Danaher Rated New Buy at Nephron Research; PT $190
* Evolution Gaming Rated New Overweight at Morgan Stanley
* Imperial Brands Reinstated Neutral at Goldman; PT 1,700 pence
* LPKF Rated New Buy at MainFirst; PT 33 euros
* Quilter Rated New Buy at Citi
* Swedish Match Reinstated Buy at Goldman; PT 760 kronor
* Zalaris Rated New Buy at Arctic Securities; PT 44 kroner

>>> Call
* Evolution Gaming Gets Street-High PT, NetEnt Deal Sound: MS
* Intesa Raised, UniCredit Cut at Jefferies on Long-Term Outlook
* Unite Group Cut to Hold at Berenberg on Weaker Occupancy Outlook