>>> Europe : Brokers Upgrades & Downgrades - 28th of June 2021 V2(+)

>>> Up
* Adecco Raised to Buy at HSBC; PT 73 Swiss francs
* Cemex ADRs Raised to Outperform at Bradesco BBI; PT $11
* Danone Raised to Overweight at JPMorgan; PT 75 euros
* Dr. Martens Raised to Buy at HSBC; PT 510 pence
* EDP Raised to Outperform at RBC; PT 5.10 euros
* Entain PLC Raised to Add at AlphaValue
* Grafton PT Raised to 1,470 pence from 1,450 pence at Berenberg
* Puma PT Raised to 120 euros from 117 euros at M.M. Warburg (+)
* Steico PT Raised to 127 euros from 102 euros at Bankhaus Metzler (+)

>>> Down
* Endesa Cut to Underperform at RBC; PT 21.50 euros
* Iberdrola Cut to Underperform at RBC; PT 10 euros
* LondonMetric Cut to Hold at Panmure Gordon; PT 245 pence (+)
* M&G Cut to Hold at HSBC; PT 250 pence
* St James's Place Cut to Hold at HSBC; PT 1,525 pence
* TeamViewer Cut to Neutral at Goldman; PT 37 euros
* Unibail Cut to Sell at SocGen; PT 67.30 euros

>>> Initiation
* EDP Renovaveis Rated New Buy at Citi; PT 21.40 euros
* HGears Rated New Outperform at Oddo BHF; PT 33 euros (+)
* Montana Aerospace Rated New Outperform at ZKB (+)
* SUSE Rated New Hold at Jefferies; PT 32 euros
* SUSE Rated New Buy at Goldman; PT 43 euros
* SUSE Rated New Neutral at JPMorgan; PT 35 euros
* SUSE Rated New Buy at Deutsche Bank; PT 40 euros
* SynAct Pharma Rated New Buy at Kempen & Co; PT 125 kronor

>>> Call
* Danone’s Top Line Set to Return to Growth in 2Q, Barclays Says (+)
* European Renewable Utilities Attractive Post-Selloff, RBC Says
* BHP Likely to Approve Canada Potash Project in August, RBC Says