>>> Europe : Brokers Upgrades & Downgrades - 258th of April 2020

>>> Up
* Borregaard Raised to Buy at SEB Equities; PT 115 kroner
* EnQuest Raised to Hold at Jefferies; PT 11 pence
* Go-Ahead Raised to Buy at Jefferies; PT 1,710 pence
* IG Group PT Raised to 910 pence from 770 pence at Peel Hunt
* Loomis Raised to Buy at SEB Equities; PT 290 kronor
* Royal Mail Raised to Buy at Citi; PT 210 pence
* Stagecoach Raised to Buy at Jefferies; PT 85 pence
* Swissquote Raised to Buy at AlphaValue
* Wm Morrison Supermarkets Raised to Buy at Berenberg

>>> Down
* Accor Cut to Sell at MainFirst; PT 20 euros
* Aker Cut to Sell at Handelsbanken; PT 220 kroner
* Aker Solutions Cut to Sell at SpareBank; PT 3.50 kroner
* Aker BP Cut to Sell at Handelsbanken; PT 140 kroner
* Aker BP Cut to Hold at Jefferies
* Equinor Cut to Sell at Handelsbanken; PT 120 kroner
* Ferrari Cut to Underperform at Jefferies; PT $108
* Husqvarna Cut to Hold at Berenberg; PT 60 kronor
* InterContinental Hotels Cut to Hold at MainFirst
* Intl Petroleum Cut to Hold at Jefferies; PT 15 kronor
* Kvaerner Cut to Hold at Arctic Securities; PT 8 kroner
* Lundin Energy Cut to Hold at Jefferies; PT 234 kronor
* Norway Royal Salmon Cut to Hold at DNB Markets; PT 190 kroner
* Paradox Interactive Cut to Sell at SEB Equities; PT 155 kronor
* Sainsbury Cut to Sell at Berenberg; PT 170 pence
* Sixt Cut to Hold at Commerzbank; PT 47 euros
* Software AG Cut to Equal-Weight at Morgan Stanley; PT 28 euros

>>> Initiation
* Ambu Rated New Buy at Berenberg; PT 291 kroner
* Cairn Energy Resumed Underperform at Jefferies; PT 85 pence
* Cosmo Rated New Buy at Research Partners; PT 87.50 Swiss francs
* Wizz Air Reinstated Buy at Goldman; PT 3,410 pence

>>> Call
* Ambu Earnings Potential Leads Berenberg to Initiate at Buy
* Kuehne + Nagel’s 2Q Likely to Be Very Painful: Berenberg
* Sainsbury Cut, Grocers’ Bank Exposure Overlooked: Berenberg
* Software AG Upside Now Limited Following Rally: Morgan Stanley
* Jefferies Bullish on U.K. Buses, Raises Stagecoach and Go-Ahead