>>> Europe : Brokers Upgrades & Downgrades - 25th of May 2021 V2(+)

>>> Up
* Gjensidige Raised to Buy at HSBC; PT 225 kroner
* Royal Mail Raised to Buy at Peel Hunt; PT 680 pence
* Sartorius Raised to Buy at SocGen; PT 533 euros
* Wizz Air Raised to Buy at Wood & Company; PT 5,400 pence

>>> Down
* Cimarex Cut to Inline at Evercore ISI
* Holmen Cut to Hold at Danske Bank Markets; PT 410 kronor (+)
* Metsa Board Cut to Hold at Danske Bank Markets; PT 10.30 euros (+)
* Poste Italiane Cut to Hold at Deutsche Bank; PT 11.90 euros
* SCA Cut to Hold at Danske Bank Markets; PT 150 kronor (+)
* Stora Enso Cut to Hold at Danske Bank Markets; PT 15.70 euros (+)

>>> Initiation
* AERI LN Rated New Hold at Stifel (+)
* A.G. Barr Rated New Add at Peel Hunt; PT 575 pence
* Coinbase Rated New Overweight at JPMorgan; PT $371
* Getinge Reinstated Buy at Jefferies; PT 340 kronor
* Quantum Genomics SAS Rated New Outperform at Oddo BHF
* Wallstreet:Online Rated New Buy at Bankhaus Metzler; PT 35 euros

>>> Call
* Nel Shares May Drop After Iberdrola/Cummins Pact: Morgan Stanley
* Richemont’s ‘Magnificent’ Jewels Spur Vontobel Price Target Hike (+)
* Royal Mail Discount Looks Unjustified, Upgrade to Buy: Peel Hunt
* Shaftesbury’s Net Asset Value Slides, Missing Liberum Estimate (+)
* Shell’s Refinery Stake Sale Shows Improving Metrics: Jefferies