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

>>> Up
* AIB Group Raised to Equal-Weight at Barclays; PT 1.50 euros
* Acciona Raised to Hold at Grupo Santander; PT 95 euros
* Iberdrola Raised to Buy at Goldman; PT 10 euros
* Inficon Raised to Buy at Berenberg; PT 840 Swiss francs
* Kone Oyj Raised to Overweight at JPMorgan; PT 63 euros
* Siemens Healthineers PT Raised to 52 euros at Berenberg
* SKF Raised to Hold at Handelsbanken; PT 165 kronor
* VAT Raised to Buy at Berenberg; PT 195 Swiss francs

>>> Down
* Ascential Cut to Neutral at Goldman; PT 289 pence
* Akasol Cut to Hold at Deutsche Bank; PT 45 euros
* Bank of Ireland Cut to Equal-Weight at Barclays; PT 2.40 euros
* BMW Cut to Sell at Citi; PT 45 euros
* DiaSorin Cut to Underperform at Jefferies; PT 120 euros
* Equinor Cut to Sector Perform at RBC; PT 150 kroner
* Maersk Cut to Hold at Jefferies; PT 7,500 kroner
* Rockwool Cut to Hold at Handelsbanken; PT 1,850 kroner
* Salmar Cut to Hold at Berenberg
* Sika Cut to Hold at MainFirst; PT 185 Swiss francs
* Telefonica Cut to Equal-Weight at Barclays; PT 5 euros
* UniCredit Cut to Neutral at JPMorgan; PT 9 euros
* Zooplus Cut to Hold at Berenberg; PT 150 euros

>>> Initiation
* Inventiva Rated New Neutral at Chardan Capital Markets

>>> Call
* BMW’s Leasing Risks Being Overlooked, Downgrade to Sell: Citi
* DiaSorin Downgraded, Valuation Can’t Be Justified: Jefferies
* Maersk Faces Oversupplied Container Market, Jefferies Says
* Norsk Hydro May Face Hard Capital-Allocation Decisions: MS
* Zooplus 1Q Flattered by One-Time Effects, Cut to Hold: Berenberg