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>>> Europe : Brokers Upgrades & Downgrades - 27th of September 2

>>> Up
* Exclusive Networks Raised to Overweight at Morgan Stanley
* Konecranes Raised to Buy at Handelsbanken
* Snam Raised to Neutral at Citi; PT 4.30 euros
* UniCredit Raised to Overweight at JPMorgan; PT 15 euros

>>> Down
* Adidas Cut to Neutral at Goldman
* Cargotec Cut to Sell at Handelsbanken
* Devolver Digital Cut to Hold at Berenberg
* Hugo Boss Cut to Hold at Deutsche Bank; PT 58 euros
* Metso Outotec Cut to Sell at Handelsbanken
* SGS Cut to Sector Perform at RBC; PT 2,350 Swiss francs
* SKF Cut to Underperform at Jefferies; PT 123 kronor

>>> Initiation
* Energiekontor Rated New Buy at Stifel; PT 126 euros
* GSK Re-Initiated Buy at Shore Capital
* WithSecure Rated New Buy at Berenberg; PT 2.60 euros

>>> Call
* Adidas Cut to Neutral at Goldman on Demand, FX Headwinds
* Goldman Sachs Says Go Underweight Equities as Real Yields Rise
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laurent@chekroun.com
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