>>> Europe : Brokers Upgrades & Downgrades - 20th of April 2021

>>> Up
* Aegon Raised to Hold at SocGen; PT 4.10 euros
* AstraZeneca Raised to Buy at SEB Equities; PT 8,336.71 pence
* LondonMetric Raised to Overweight at JPMorgan; PT 250 pence
* Ryanair Raised to Hold at Peel Hunt; PT 16.30 euros
* Sika’s Raised Guidance is a ‘Strong Signal,’ Baader Helvea Says
* VGP NV Raised to Overweight at JPMorgan; PT 170 euros

>>> Down
* Hexagon Cut to Sell at Handelsbanken; PT 795 kronor
* Schaeffler Cut to Hold at Stifel; PT 9 euros

>>> Initiation
* Azimut Rated New Equal-Weight at Barclays; PT 22.10 euros
* Banca Generali Rated New Overweight at Barclays; PT 41 euros
* Banca Ifis Rated New Market Perform at KBW; PT 12.40 euros
* BE Semiconductor Rated New Buy at Needham; PT 90 euros
* FinecoBank Rated New Equal-Weight at Barclays; PT 15.30 euros
* Galapagos Rated New Buy at Deutsche Bank; PT 110 euros
* Genmab Rated New Buy at Deutsche Bank; PT 2,750 kroner
* Ipsen Rated New Hold at Deutsche Bank; PT 80 euros
* Kendrion Rated New Corporate at Edison Investment Research
* Mediolanum Rated New Overweight at Barclays; PT 10 euros
* Recordati Rated New Hold at Deutsche Bank; PT 45 euros
* Scandic Re-Initiated Hold at Handelsbanken; PT 40 kronor
* SOL Rated New Buy at Tradition; PT 28.80 euros
* Sound Energy Rated New Buy at SP Angel; PT 6.50 pence

>>> Call
* Atos Shares May Drop Following 1Q Revenue Miss: Morgan Stanley
* Philips Earnings Momentum is Fading, Cut to Hold: Commerzbank
* Ryanair Upgraded to Hold at Peel Hunt, But Risks Still Seen
* Sika’s Raised Guidance is a ‘Strong Signal,’ Baader Helvea Says
* Traton’s Pre-Release Shows Significant 1Q Beat, Jefferies Says