>>> Europe : Brokers Upgrades & Downgrades - 27th of October 2021

>>> Up
* Awilco LNG Raised to Buy at Arctic Securities; PT 5 kroner
* BE Semiconductor Raised to Buy at Deutsche Bank; PT 84 euros
* Bravida Raised to Hold at SEB Equities; PT 115 kronor
* Finnair Raised to Reduce at Inderes; PT 60 euro cents
* FirstGroup Raised to Buy at HSBC; PT 110 pence
* M6 Raised to Buy at SocGen; PT 20.30 euros
* River & Mercantile Raised to Outperform at KBW; PT 340 pence
* Securitas Raised to Buy at HSBC; PT 173 kronor

>>> Down
* Aker Horizons Holding AS Cut to Hold at SEB Equities
* EDAG Eng Cut to Equal-Weight at Morgan Stanley; PT 10.50 euros
* Norbit Cut to Hold at Arctic Securities; PT 35 kroner
* Petra Diamonds Cut to Hold at Berenberg
* Petra Diamonds Cut to Hold at Panmure Gordon; PT 2.21 pence
* Ponsse Cut to Reduce at Inderes; PT 45.50 euros
* Safestore Cut to Hold at Jefferies; PT 1,270 pence
* Shurgard Cut to Hold at Jefferies; PT 56 euros
* Sobi Cut to Hold at Pareto Securities; PT 235 kronor
* Ubisoft PT Cut to 70 euros from 80 euros at Morgan Stanley
* UPS Cut to Hold at Loop Capital; PT $226

>>> Initiation
* Azelis Rated New Buy at HSBC; PT 31 euros
* Azelis Rated New Neutral at Goldman; PT 30 euros
* Azelis Rated New Buy at ING; PT 32 euros
* Azelis Rated New Equal-Weight at Barclays; PT 30 euros
* Azelis Rated New Outperform at Exane; PT 31 euros
* Hellenic Telecom Rated New Buy at Berenberg; PT 20 euros
* IMCD Rated New Underweight at Barclays; PT 160 euros

>>> Call
* BioMerieux Double Upgraded to Outperform at Exane, PT raised 25%
* Bureau Veritas 3Q Growth Ahead, Morgan Stanley Lifts Estimates
* Elis Consensus Set to Rise After Guidance Lift: Morgan Stanley
* M6 Delivers Strong 3Q Beat on Higher Advertising Revenue: Citi
* Unite Raised, Safestore and Shurgard Cut on Valuation: Jefferies