>>> Europe : Brokers Upgrades & Downgrades - 25th of October 2021

>>> Up
* EasyJet Raised to Hold at Stifel; PT 600 pence
* Fraport Raised to Buy at Kempen & Co; PT 73 euros
* Intershop Comms Raised to Buy at Quirin Privatbank AG
* MTU Aero Raised to Buy at Stifel; PT 230 euros
* Provident Raised to Add at Peel Hunt; PT 377 pence
* Rexel Raised to Buy at Kepler Cheuvreux; PT 22 euros

>>> Down
* ADP Cut to Sell at Kempen & Co; PT 107 euros
* Carnival Cut to Neutral at Citi
* Equinor Cut to Hold at Arctic Securities; PT 240 kroner
* Falck Renewables Cut to Neutral at Kempen & Co; PT 8.90 euros
* MDxHealth SA Cut to Neutral at Kempen & Co; PT 1.20 euros
* N Brown Cut to Hold at Jefferies; PT 50 pence
* Munters Cut to Hold at ABG; PT 65 kronor
* Technip Energies Cut to Hold at SocGen; PT 14.60 euros
* Verkkokauppa.com Cut to Reduce at Inderes; PT 8.50 euros
* Whirlpool Cut to Underperform at RBC; PT $190
* Zurich Airport Cut to Neutral at Kempen & Co

>>> Initiation
* E-Pango SAS Rated New Buy at Gilbert Dupont; PT 15.60 euros
* Huhtamaki Raised to Buy With Risk-Reward Now Positive: Jefferies
* Norwegian Cruise Rated New Buy at Citi
* PhosAgro GDRs Reinstated Buy at Raiffeisen Bank; PT $34.30

>>> Call
* Oncopeptides PT Removed at HC Wainwright on Bankruptcy Risk
* UniCredit Failed Talks Puts Focus on M&A Alternatives: Jefferies
* Weir at ‘Compelling’ Entry Point, Exane Upgrades to Outperform