>>> Europe : Brokers Upgrades & Downgrades - 1st of March 2021 V2(+)

>>> Up
* Adevinta Raised to Buy at Deutsche Bank; PT 160 kroner
* *AMADEUS RAISED TO NEUTRAL FROM UNDERPERFORM AT ODDO; PT EU57 (+)
* Carlsberg Raised to Buy at Handelsbanken; PT 1,100 kroner
* Cibus Nordic Real Estate Raised to Buy at Pareto Securities
* Just Eat Takeaway Raised to Buy at Deutsche Bank; PT 116 euros
* Kering Raised to Buy at Jefferies; PT 630 euros
* Lundbergforetagen Raised to Hold at Pareto Securities
* Orsted Raised to Hold at ABG; PT 1,100 kroner
* Pennon Raised to Overweight at Barclays; PT 1,060 pence
* Pennon Raised to Buy at Citi; PT 1,034 pence (+)
* RTL Raised to Buy at Deutsche Bank; PT 53 euros
* Schibsted Raised to Buy at Deutsche Bank
* Solarpack Corp. Tecnologica Raised to Buy at SocGen; PT 28 euros
* Swatch Raised to Buy at Stifel; PT 315 Swiss francs
* Verdipapirfondet Storebrand Stat Raised to Buy at Deutsche Bank
* Wolters Kluwer Raised to Neutral at Goldman; PT 72.60 euros

>>> Down
* AMS Cut to Hold at Deutsche Bank
* Fortum Cut to Hold at Nordea
* Prosegur Cash Cut to Hold at Mirabaud Securities
* Superdry Cut to Hold at Jefferies; PT 280 pence
* TechnipFMC Cut to Equal-Weight at Morgan Stanley; PT $8.80
* VW Cut to Hold at Independent Research; PT 184 euros (+)

>>> Initiation
* Carnival Plc Rated New Buy at Peel Hunt; PT 1,850 pence
* Granges Rated New Buy at Nordea; PT 140 kronor (+)
* Ocado Rated New Reduce at Kepler Cheuvreux; PT 1,646 pence
* Royal Mail Rated New Hold at Peel Hunt; PT 475 pence
* Technip Energies Rated New Overweight at JPMorgan
* Technip Energies Rated New Overweight at Morgan Stanley

>>> Call
* Carlsberg Offers Upside Potential Post Pandemic: Handelsbanken
* Logitech’s Outlook Prompts New Street-High PT at Vontobel (+)
* Ocado Initiated With Reduce at Kepler on Tougher Competition (+)
* Pennon Upgraded at Barclays on Sector-Leading Returns, Valuation
* Swatch Upgraded at Stifel on China Exposure, Margin Trend (+)
* Wm Morrison’s Extended Pact Shows Wholesale Progress: Jefferies (+)