>>> Europe : Brokers Upgrades & Downgrades - 27th of May 2020 V2(+)

>>> Up
* Aena Raised to Buy at Goldman; PT 147 euros
* BNP Paribas Raised to Overweight at Morgan Stanley; PT 41 euros
* CNP Assurances Raised to Buy at HSBC; PT 14.60 euros
* Deutsche Wohnen PT Raised to 60 euros at Deutsche Bank
* E.On Raised to Add at AlphaValue
* Eurofins Scientific Raised to Buy at Jefferies; PT 700 euros
* KWS Saat Raised to Buy at Pareto Securities; PT 69 euros
* Ricardo Raised to Buy at HSBC; PT 430 pence
* Rockwool Raised to Overweight at Barclays; PT 2,000 kroner
* Shop Apotheke PT Raised to 140 euros at Deutsche Bank
* Unite Group Raised to Overweight at JPMorgan; PT 900 pence
* *WILMINGTON UPGRADED TO BUY AT SHORE CAPITAL (WAS UNDER REVIEW) (+)

>>> Down
* Bertrandt Cut to Hold at Bankhaus Metzler; PT 37 euros
* Close Brothers Cut to Sell at Investec; PT 1,010 pence (+)
* Electrolux Cut to Hold at DNB Markets; PT 160 kronor
* Fraport Cut to Sell at Goldman; PT 33 euros
* Hannover Re Cut to Hold at Bankhaus Metzler; PT 148 euros (+)
* Hella Cut to Hold at MainFirst; PT 36 euros
* ISS Cut to Underperform at Jefferies; PT 80 kroner
* Kingspan Cut to Underweight at Barclays; PT 42 euros
* Masmovil Cut to Neutral at Exane; PT 17 euros (+)
* Melia Hotels Cut to Hold at Mirabaud Securities; PT 5.20 euros (+)
* Nexi Cut to Neutral at Banca Akros (ESN); PT 13 euros (+)
* Pearson Cut to Sell at Berenberg; PT 400 pence
* RBS Cut to Hold at Investec; PT 120 pence (+)
* Sartorius Cut to Sell at LBBW; PT 260 euros (+)
* TUI Cut to Hold at Commerzbank; PT 6 euros (+)
* USU SOFTWARE Cut to Hold at Hauck & Aufhaeuser (+)

>>> Initiation
* Nordex Reinstated Buy at Jefferies; PT 12 euros
* Onxeo Rated New Buy at Bryan Garnier; PT 1.22 euros (+)
* SMA Solar Reinstated Hold at Jefferies; PT 29 euros

>>> Call
* Adidas, Brenntag, Kion, SKF Added to Berenberg’s Large-Cap Picks
* Boohoo Still a Top Pick at Numis After Short Seller Report (+)
* British Land FY Shows Covid-19 Pressures Will Dominate, MS Says (+)
* Britvic’s Dividend Deferral, Low Visibility to Hurt Shares: Citi (+)
* Burberry PT, EPS Estimates Cut at Citi on Tougher Mid-Term View
* Carrefour Share-Price Correction Has Gone Too Far, Kepler Says (+)
* Elior’s Lack of Detail on Liquidity a Disappointment: Bernstein (+)
* Eurofins Gets Street-High PT at Jefferies on Re-Rating Potential
* European Insurance Stocks’ Underperformance is Unwarranted: RBC
* French, Benelux Bank Outlook Uncertain, BNP Paribas Raised: MS
* H&M Total Sales Set to Drop by Half in 2Q, Barclays Says (+)
* Pearson Cut at Berenberg on ‘Severe’ Enrollment Disruption
* Rockwool Double-Upgraded on Potential Renovation Boost: Barclays
* Siemens Plan to Further Cut Energy-Unit Stake Is Positive: Citi (+)