>>> Europe : Brokers Upgrades & Downgrades - 24th of June 2020

>>> Up
* AMS Raised to Overweight at JPMorgan; PT 20 Swiss francs
* Boohoo Raised to Buy at Citi
* Deutsche Industrie REIT Raised to Buy at Baader Helvea
* Georg Fischer Raised to Add at Baader Helvea
* Gerresheimer PT Raised to 92 euros at Deutsche Bank
* Infineon Raised to Overweight at JPMorgan; PT 28 euros
* L'Oreal Raised to Overweight at JPMorgan; PT 310 euros
* Melexis Raised to Overweight at JPMorgan; PT 84 euros
* Kloeckner PT Raised to 7 euros at Bankhaus Metzler
* Pets at Home Raised to Buy at Citi
* Securitas Raised to Hold at Jefferies; PT 120 kronor
* Tecnoinvestimenti Raised to Neutral at Banca Akros (ESN)
* Tod's Raised to Equal-Weight at Morgan Stanley; PT 26.50 euros

>>> Down
* Aeroports de Paris Cut to Underperform at BofA; PT 90 euros
* Deutsche Boerse Cut to Hold at HSBC; PT 165 euros
* Dunelm Cut to Sell at Citi
* Elkem Cut to Sell at Citi
* Kingfisher Cut to Sell at Citi
* Kloeckner Cut to Sell at LBBW; PT 3.50 euros
* Lufthansa Cut to Sell at Goodbody; PT 4.20 euros
* Moncler Cut to Equal-Weight at Morgan Stanley; PT 37 euros
* NCC Cut to Hold at Canaccord; PT 190 pence
* Next Cut to Sell at Citi
* RELX Cut to Hold at ABN Amro Bank; PT 1,960 pence
* Schneider Electric Cut to Hold at Deutsche Bank; PT 95 euros
* Serica Cut to Hold at Jefferies; PT 115 pence
* Wacker Chemie Cut to Sell at Citi

>>> Initiation
* Air France-KLM Reinstated Hold at ABN Amro Bank; PT 3.90 euros
* Aveva Resumed Buy at BofA; PT 4,850 pence
* Dassault Systemes Resumed Buy at BofA; PT 180 euros
* Evotec SE Rated New Add at Baader Helvea; PT 28 euros
* Rocket Internet Resumed Buy at BofA; PT 26 euros
* Siauliu Bankas Rated New Buy at SEB Equities; PT 65 euro cents
* Temenos Resumed Neutral at BofA; PT 148 Swiss francs

>>> Call
* Georg Fischer Upgraded at Baader on Long-Term Growth Prospects
* Morgan Stanley Remains ‘Constructive’ on Luxury, Upgrades Prada
* Securitas, G4S EPS Estimates Raised, Jefferies More Positive
* Wacker Chemie, Elkem Cut to Sell on Rising Silicone Supply: Citi