>>> Europe : Brokers Upgrades & Downgrades - 22nd of February 2021 V2(+)

>>> Up
* Airbnb Raised to Buy at Loop Capital; PT $240
* AstraZeneca Raised to Buy at Intron Health; PT 9,000 pence
* Beiersdorf Raised to Neutral at Goldman; PT 83 euros (+)
* Daimler PT Raised to 91 euros from 82 euros at M.M. Warburg (+)
* DNB Raised to Market Perform at KBW; PT 165 kroner
* El.En. Raised to Buy at Banca Akros (ESN); PT 32 euros (+)
* Eni Raised to Sector Perform at RBC; PT 10 euros
* Glencore Raised to Overweight at JPMorgan; PT 350 pence
* MARR SpA Raised to Accumulate at Banca Akros (ESN) (+)
* NEL Raised to Buy at Arctic Securities; PT 35 kroner (+)
* Snap Raised to Overweight at Morgan Stanley; PT $80
* Standard Life Aberdeen Raised to Equal-Weight at Barclays
* Temenos Raised to Neutral at Credit Suisse; PT 121 Swiss francs

>>> Down
* B&M European Cut to Hold at Peel Hunt; PT 575 pence
* EDP Renovaveis Cut to Hold at Commerzbank; PT 19 euros
* Fastighets AB Trianon Cut to Hold at Handelsbanken
* Fuller Smith & Turner Cut to Hold at Peel Hunt; PT 850 pence
* Gecina Cut to Neutral at JPMorgan; PT 130 euros
* Hostelworld Cut to Reduce at Peel Hunt; PT 65 pence (+)
* InterContinental Hotels Cut to Reduce at Peel Hunt (+)
* Smith & Nephew Cut to Hold at Commerzbank; PT 1,550 pence
* TechnipFMC Cut to Equal-Weight at Barclays; PT $7 (+)
* Varta Cut to Hold at Berenberg

>>> Initiation
* Norwegian Property Reinstated Buy at SEB Equities
* Technip Energies Rated New Equal-Weight at Barclays

>>> Call
* B&M Cut, Forecast Momentum is Coming Toward an End: Peel Hunt
* Continental’s Div. Suspension ‘Not Entirely Unexpected:’ Warburg (+)
* EDPR Downgraded to Hold at Coba, EDP Preferred Ahead of Results (+)
* Elekta Top Line Improves, Upgraded to Buy at Handelsbanken (+)
* Eni Upgraded at RBC Capital Amid More Constructive Oil View
* European Internet Stocks Can Maintain Outperformance, RBC Says
* Fuller Smith & Turner Cut at Peel Hunt on More Gradual Recovery (+)
* Insurers No Longer ‘Darlings’ of European Financials: Berenberg (+)
* Saab ‘Hard to Pigeonhole,’ Price Target Raised at Jefferies
* Varta Loses Sole Buy Rating as Berenberg Downgrades to Hold