>>> Europe : Brokers Upgrades & Downgrades - 23rd of July 2020

>>> Up
* Altice Europe Raised to Overweight at JPMorgan; PT 4.70 euros
* Dechra Pharma PT Raised to 3,515 pence at Jefferies
* DP Eurasia Raised to Buy at VTB Capital; PT 50 pence
* EasyJet Raised to Buy at Berenberg; PT 800 pence
* Generali Raised to Buy at Berenberg; PT 18.50 euros
* Ipsen Raised to Overweight at JPMorgan; PT 96 euros
* Proximus Raised to Buy at HSBC; PT 23 euros
* Sartorius PT Raised to 385 euros at Bankhaus Metzler
* Sobi Raised to Overweight at Barclays; PT 230 kronor
* Somfy Raised to Buy at SocGen; PT 124 euros
* Sunrise Raised to Overweight at Morgan Stanley

>>> Down
* Alrosa Cut to Neutral at Citi
* Axa Cut to Hold at Berenberg; PT 21.80 euros
* Koenig & Bauer Cut to Hold at LBBW; PT 21 euros
* Lindt & Spruengli Cut to Underweight at Barclays
* Uniper Cut to Hold at Bankhaus Metzler; PT 29.80 euros

>>> Initiation
* Hiag Immobilien Rated New Add at Baader Helvea

>>> Call
* Dechra Pharma Gets Street-High PT on Clearer Outlook: Jefferies
* Evolution Gaming Estimates Raised on Strong 2Q: Morgan Stanley
* Post-Virus Green Push Isn’t End of Big Oil, Citi’s Morse Says
* Sunrise Upgraded on Growth, Superior Visibility: Morgan Stanley