>>> Europe : Brokers Upgrades & Downgrades - 21st of October 202

>>> Up
* Bucher PT Raised to 420 Swiss francs at Berenberg
* Chr. Hansen Raised to Neutral at Goldman; PT 660 kroner
* IAG Raised to Buy at Goodbody; PT 130 pence
* Kuehne + Nagel Raised to Reduce at AlphaValue
* Lundbeck Raised to Buy at SEB Equities; PT 230 kroner
* Norma PT Raised to 44 euros from 37 euros at Berenberg
* Sartorius PT Raised to 460 euros at Bankhaus Metzler
* StanChart Upgraded at Macquarie Amid Limited Consumer Exposure
* Superdry Raised to Add at Peel Hunt; PT 200 pence
* Swedbank Raised to Buy at Arctic Securities; PT 165 kronor
* Yara Raised to Buy at SEB Equities; PT 395 kroner

>>> Down
* Air Liquide Cut to Neutral at Atlantic Equities; PT 142 euros
* Galapagos Cut to Sell at Goldman; PT 87 euros
* Kion Cut to Hold at Deutsche Bank; PT 78 euros


>>> Initiation
* AIB Group Resumed Buy at Deutsche Bank; PT 1.20 euros
* Bank of Ireland Resumed Buy at Deutsche Bank; PT 2.50 euros
* DFS Furniture Rated New Buy at Shore Capital; PT 330 pence
* Entra Reinstated Sell at Pareto Securities; PT 100 kroner
* Permanent TSB Resumed Hold at Deutsche Bank; PT 50 euro cents
* Thales Rated New Buy at Berenberg; PT 90 euros
* Wienerberger Rated New Equal-Weight at Morgan Stanley

>>> Call
* Kion Cut at Deutsche Bank on Industrial-Truck Margin Weakness
* Thales ‘Overlooked,’ Organic Growth to Return in 2021: Berenberg
* Wienerberger Initiated Equal-Weight, May Be Value Trap, MS Says