>>> Europe : Brokers Upgrades & Downgrades - 22nd of January 2021

>>> Up
* Alstria Office Raised to Buy at Deutsche Bank; PT 19 euros
* British Land Raised to Buy at Deutsche Bank; PT 490 pence
* Credit Agricole Raised to Overweight at Barclays; PT 12.10 euros
* EasyJet Raised to Outperform at Davy
* ICADE Raised to Buy at Deutsche Bank; PT 74 euros
* Land Sec. Raised to Buy at Deutsche Bank; PT 730 pence
* NEL Raised to Buy at Citi

>>> Down
* Bunzl Cut to Equal-Weight at Barclays; PT 2,350 pence
* Electrolux Professional Cut to Sell at SEB Equities
* Enea Cut to Hold at ABG; PT 220 kronor
* Eurofins Scientific Cut to Hold at Stifel; PT 78 euros
* NRC Cut to Hold at Arctic Securities; PT 25 kroner
* Sage Therapeutics Cut to Market Perform at BMO; PT $95
* Solaria Energia Cut to Sell at SocGen; PT 24.50 euros
* Sumo Cut to Neutral at Citi; PT 375 pence
* Vectura Cut to Neutral at Citi; PT 130 pence
* Vestas Cut to Hold at ABG; PT 1,420 kroner

>>> Initiation
* Bango Rated New Buy at Liberum; PT 260 pence
* CareTech Rated New Buy at HSBC; PT 685 pence
* Coca-Cola HBC Rated New Outperform at Exane; PT 2,800 pence
* Knights Rated New Buy at HSBC; PT 525 pence
* Metso Outotec Rated New Outperform at RBC; PT 12 euros
* Premier Foods Rated New Reduce at HSBC; PT 90 pence
* Sage Rated New Buy at Peel Hunt; PT 735 pence
* XP Power Rated New Buy at HSBC; PT 6,100 pence

>>> Call
* De’ Longhi’s Rally Has Further Upside, Berenberg Says
* Nel Upgraded, 2021 May Be Strong Year for Orders, Citi Says