>>> Europe : Brokers Upgrades & Downgrades - 1st of July 2022 V2(+)

>>> Up
* Addtech Raised to Buy at ABG; PT 160 kronor
* Aker BP Raised to Overweight at Barclays; PT 510 kroner
* Gjensidige Raised to Buy at DNB Markets; PT 220 kroner
* Maersk Raised to Overweight at JPMorgan; PT 30,800 kroner
* TotalEnergies Raised to Buy at Jefferies; PT 60 euros
* Xior Raised to Buy at ING; PT 57 euros
* Zurich Airport Raised to Hold at Berenberg; PT 140 Swiss francs

>>> Down
* Abrdn plc Cut to Sell at Citi; PT 150 pence
* DWS Cut to Neutral at Citi; PT 26.50 euros
* Elkem Cut to Hold at Nordea
* Enel Cut to Hold at HSBC; PT 5.90 euros
* FDJ Cut to Sell at Citi; PT 31 euros
* FedEx Cut to Hold at Berenberg; PT $275
* Jupiter Cut to Sell at Citi; PT 135 pence
* Lancashire Cut to Equal-Weight at Barclays; PT 482 pence
* OVH Cut to Neutral at Citi; PT 18 euros
* Supermarket Income Cut to Hold at Panmure Gordon; PT 136 pence
* Swiss Re Cut to Equal-Weight at Barclays; PT 86 Swiss francs

>>> Initiation
* Bilfinger Reinstated Buy at Deutsche Bank; PT 42 euros

>>> Call
* Abrdn, Jupiter, DWS Downgraded at Citi on Downside Risks (+)
* After $30 Billion Rout, Food Delivery Firms Face Growth Slowdown
* FedEx Cut to Hold at Berenberg on Mounting Earnings Risks
* JPMorgan Strategists Say Energy Stocks Offer Best Risk-Reward (+)
* Sodexo Sees Strong 3Q, But Consensus Upgrade Unlikely: Jefferies (+)
* Vestas 2Q Order Intake Disappoints Despite Late Surge: Sydbank
* Zurich Airport Risks Largely Priced In, Berenberg Raises to Hold (+)