>>> Europe : Brokers Upgrades & Downgrades - 26th of August 2020

>>> Up
* Avance Gas Raised to Buy at SEB Equities; PT 45 kroner
* Better Collective Raised to Buy at SEB Equities; PT 170 kronor
* Bunzl PT Raised to 3,000 pence from 2,900 pence at Jefferies
* BW LPG Raised to Buy at SEB Equities; PT 58 kroner
* Fastighets AB Trianon Raised to Buy at Handelsbanken
* Genmab PT Raised to 2,800 kroner from 2,400 kroner at Jefferies
* Inchcape Raised to Overweight at JPMorgan; PT 594.70 pence
* Qiagen Raised to Buy at Commerzbank; PT $66
* Repsol Raised to Equal-Weight at Barclays; PT 10 euros
* RWE PT Raised to 45 euros from 42.30 euros at Bankhaus Metzler
* Salvatore Ferragamo Raised to Buy at Jefferies; PT 15 euros

>>> Down
* Equinor Cut to Equal-Weight at Barclays; PT 165 kroner
* Pihlajalinna Cut to Hold at SEB Equities; PT 16 euros
* Shell Cut to Underweight at Barclays; PT 1,500 pence
* Signature Aviation Cut to Neutral at JPMorgan; PT 266.70 pence
* VAT Cut to Underweight at JPMorgan; PT 165 Swiss francs

>>> Initiation
* Aviva Resumed Buy at Shore Capital
* WH Smith Reinstated Buy at Goldman; PT 1,500 pence

>>> Call
* Ferragamo Upgraded to Buy, Retains Strong Brand Value: Jefferies
* Genmab Gets Street-High PT at Jefferies on Strong Pipeline