>>> Europe : Brokers Upgrades & Downgrades - 26th of April 2021 V2(+)

>>> Up
* ALK-Abello Raised to Buy at SEB Equities; PT 2,900 kroner
* Atoss Software Raised to Buy at M.M. Warburg (+)
* Babcock Raised to Equal-Weight at Barclays; PT 315 pence
* Equinor Raised to Buy at Norne Securities; PT 190 kroner (+)
* IMI PT Raised to 1,810 pence from 1,465 pence at Barclays (+)
* Informa Raised to Outperform at Exane; PT 720 pence
* JCDecaux Raised to Neutral at Exane; PT 22 euros
* Kraft Bank Raised to Buy at Pareto Securities; PT 15 kroner
* Legal & General Raised to Buy at Citi
* Orkla Raised to Buy at SEB Equities; PT 96 kroner
* RTL Raised to Buy at Citi
* SSAB Raised to Add at AlphaValue
* UPS Raised to Hold at Berenberg

>>> Down
* AddNode Cut to Hold at Handelsbanken; PT 290 kronor
* ASR Nederland Cut to Neutral at Citi
* Avon Rubber Cut to Sell at Investec; PT 3,060 pence
* Banca Ifis Cut to Neutral at Banca Akros (ESN) (+)
* Bunzl Cut to Underweight at Morgan Stanley; PT 2,220 pence
* Essity Cut to Hold at Berenberg; PT 289 kronor (+)
* Kuehne + Nagel Cut to Underweight at JPMorgan
* Leonardo Cut to Equal-Weight at Morgan Stanley; PT 7.10 euros
* Tarkett Cut to Neutral at Exane; PT 20 euros
* Tarkett Cut to Equal-Weight at Barclays; PT 20 euros

>>> Initiation
* Adevinta Rated New Market Perform at Bernstein; PT 163.60 kroner
* Anima Holding Rated New Buy at SocGen; PT 5 euros
* Franchi Umberto Marmi Rated New Buy at Berenberg; PT 12.50 euros
* Maersk Guidance a Beat and Further Upside Risk Seen: Jefferies
* Norse Atlantic Rated New Buy at Pareto Securities; PT 30 kroner (+)
* Schroders Rated New Hold at SocGen; PT 3,800 pence
* Vantage Towers Rated New Overweight at Barclays; PT 30 euros
* Vantage Towers Rated New Buy at Deutsche Bank; PT 33 euros
* Vantage Towers Rated New Buy at Jefferies; PT 35 euros
* Vantage Towers Rated New Overweight at Morgan Stanley
* Vantage Towers Rated New Buy at Goldman; PT 33 euros

>>> Call
* ABB 1Q a Beat and Outlook Better, Cash Flow Misses: Jefferies (+)
* BioMerieux Likely Weak, Outlook Implies Estimate Cuts: Jefferies (+)
* Bunzl Not Pricing In Slower Growth, Morgan Stanley Downgrades
* DSV 1Q Strong, Agility Deal Will Drive Outperformance: Jefferies (+)
* Evolution’s 1Q ‘Extremely Strong,’ Shares Seen Gaining: MS (+)
* Insurers Supported by Strong Fundamentals, L&G Upgraded: Citi
* Broadcasters Have Streaming Opportunities, RTL Up to Buy: Citi
* Michelin Had ‘Decent’ Start to Year, Guidance Unchanged: DB (+)
* Novartis May be Weaker After Sandoz Weighs on 1Q, Jefferies Says (+)
* Swedbank 1Q Results Better Than Expected, Handelsbanken Says (+)
* Whitbread’s FY21 Pretax Loss is Narrower Than Estimated: MS (+)