>>> Europe : Brokers Upgrades & Downgrades - 29th of January 2021 V2(+)

>>> Up
* Avance Gas Raised to Buy at Cleaves Securities
* Brewin Dolphin PT Raised to 405 pence at Peel Hunt
* BW LPG Raised to Buy at Cleaves Securities
* Cargotec Raised to Outperform at Credit Suisse; PT 45 euros (+)
* Daily Mail Raised to Equal-Weight at Barclays; PT 775 pence
* Genus Raised to Buy at Investec; PT 5,289 pence (+)
* Komax Raised to Buy at Stifel; PT 265 Swiss francs
* Mitie Raised to Buy at Stifel; PT 58 pence
* Prysmian Raised to Accumulate at Banca Akros (ESN) (+)
* Saint-Gobain Raised to Outperform at Davy (+)
* Sandvik Raised to Buy at Deutsche Bank; PT 250 kronor
* Shop Apotheke PT Raised to 250 euros from 180 euros at Citi
* Synthomer Raised to Add at Peel Hunt
* Thyssenkrupp PT Raised to 12.60 euros at Baader Helvea (+)
* WDP Raised to Buy at KBC Securities; PT 32 euros
* Zalando Raised to Hold at Berenberg

>>> Down
* Barratt Cut to Hold at Berenberg
* BBVA Beats on Improvements in Impairments, Fee Income, RBC Says (+)
* Boeing Cut to Sell at Nord/LB; PT $165
* Fresenius Medical ADRs Cut to Underperform at Jefferies
* Howden Joinery Raised to Buy at Berenberg
* Husqvarna Cut to Hold at DNB Markets; PT 113 kronor
* Ibstock Cut to Hold at Berenberg
* Imperial Brands Cut to Neutral at Citi
* Nokia Cut to Hold at LBBW; PT 4.20 euros
* Rational Cut to Sell at Deutsche Bank; PT 460 euros
* Telefonica Deutschland Cut to Equal-Weight at Morgan Stanley
* Trainline Cut to Underweight at Barclays; PT 360 pence
* TUI Cut to Reduce at HSBC; PT 170 pence
* Zur Rose Cut to Neutral at Citi; PT 445 Swiss francs

>>> Initiation
* Flow Traders Rated New Buy at Jefferies; PT 34 euros
* Nibe Rated New Underweight at Morgan Stanley; PT 237 kronor
* TeamViewer Rated New Buy at Deutsche Bank; PT 65 euros

>>> Call
* CaixaBank Capital Strong, Expect Shares to Rise: Jefferies (+)
* CVS Group Benefiting From Lockdown Pet Popularity: Peel Hunt (+)
* Daimler 4Q Strong as Bernstein Cites ‘Outstanding’ Performance (+)
* Deutsche Bank Turns Bearish on Rational Following All-Time High (+)
* Flow Traders to Benefit From Spikes in Volatility: Jefferies
* Ferragamo Still Lagging in 4Q as Polarization Continues: Citi
* JCDecaux Has ‘Tough’ 4Q As Lockdowns Continue, Says Berenberg (+)
* Shop Apotheke Preferred to Zur Rose After Rally, Citi Says
* TeamViewer Initiated at Deutsche Bank With Buy, Street-High PT (+)
* U.K. Housebuilder Fundamentals Still Attractive, Berenberg Says