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

>>> Up
* AUTO1 Raised to Overweight at JPMorgan; PT 50 euros
* Dufry Raised to Add at Baader Helvea; PT 55 Swiss francs
* Enea Raised to Buy at ABG; PT 260 kronor
* Ferrexpo Raised to Neutral at Citi
* Securitas Raised to Buy at SEB Equities; PT 160 kronor

>>> Down
* Altice USA Cut to Neutral at New Street Research; PT $42
* Cellnex Cut to Sell at Citi; PT 50 euros
* MorphoSys Cut to Neutral at Citi; PT 52 euros

>>> Initiation
* Hutchmed China Rated New Outperform at CICC; PT 753.14 pence
* Universal Music Group Rated New Market Perform at Bernstein

>>> Call