>>> Europe : Brokers Upgrades & Downgrades - 29th of April 2020

>>> Up
* ABB Raised to Hold at LBBW; PT 18.50 Swiss francs
* Deutsche Telekom Raised to Equal-Weight at Barclays
* Ocean Yield Raised to Buy at DNB Markets; PT 38 kroner
* ProSieben Raised to Outperform at Exane; PT 12 euros
* Ratos Raised to Hold at ABG; PT 22 kronor
* Stadler Rail Raised to Buy at Citi; PT 50 Swiss francs
* TietoEVRY Raised to Buy at SEB Equities; PT 26 euros

>>> Down
* Centamin Cut to Add at Peel Hunt; PT 170 pence
* Dassault Systemes Cut to Reduce at Baader Helvea; PT 146 euros
* Eramet Cut to Add at AlphaValue
* Morgan Sindall Cut to Add at Peel Hunt; PT 1,500 pence
* Norma Cut to Reduce at HSBC; PT 18 euros
* Oerlikon Cut to Reduce at Baader Helvea; PT 7 Swiss francs
* Skanska Cut to Sell at SEB Equities; PT 165 kronor

>>> Initiation
* Cairn Energy Assumed Hold at Berenberg; PT 130 pence
* Energean Oil & Gas Rated New Buy at Berenberg; PT 910 pence
* Gulf Keystone Petroleum Rated New Buy at Berenberg
* Premier Oil Assumed Hold at Berenberg; PT 30 pence

>>> Call
* Berenberg Starts Coverage of Energean, Gulf Keystone as Buy
* Carrefour Sales Strong But No Drop Through to Profit: Bernstein
* Dassault Systemes Earnings Resilient, But Upside Limited: Baader
* IAG 1Q Missed Consensus But Liquidity Reassures: Bernstein
* U.K. Construction Set For Recovery, But Be Selective: Peel Hunt