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

>>> Up
* Ageas SA/NV Raised to Buy at HSBC; PT 46 euros
* *CARNIVAL PLC UP TO HOLD AT BERENBERG; CARNIVAL CORP STAYS SELL
* Davide Campari-Milano NV Raised to Neutral at Mediobanca SpA
* Castellum Raised to Neutral at Goldman; PT 169 kronor
* Danske Bank Raised to Buy at Citi
* Elekta Raised to Equal-Weight at Morgan Stanley; PT 86 kronor
* Finnair Raised to Buy at Carnegie; PT 55 euro cents
* Foxtons Raised to Hold at Peel Hunt; PT 36 pence
* Gerresheimer PT Raised to 115 euros from 75 euros at Berenberg
* HSBC Holdings Raised to Buy at Investec; PT 395 pence
* Imerys Raised to Buy at HSBC; PT 41 euros
* Kamux C Raised to Buy at SEB Equities; PT 10.30 euros
* Nokian Renkaat Raised to Hold at SEB Equities; PT 20 euros
* Nordea Bank Raised to Buy at Citi
* Sodexo Raised to Buy at Deutsche Bank; PT 70 euros
* Swedbank Raised to Buy at Citi
* Verallia SA Raised to Buy at Berenberg; PT 31 euros
* Zalando Raised to Buy at SocGen

>>> Down
* ASML Cut to Market Perform at Bernstein; PT 292 euros
* ASML ADRs Cut to Market Perform at Bernstein; PT $322
* Embracer Group AB Cut to Hold at SEB Equities; PT 135 kronor
* Endesa Cut to Neutral at Citi; PT 24.50 euros
* Kingspan Cut to Hold at HSBC; PT 59 euros
* LVMH Cut to Sell at LBBW; PT 325 euros
* Neste Cut to Hold at SocGen; PT 41 euros

>>> Initiation
* PharmaSGP Holding Rated New Buy at Berenberg; PT 42.50 euros
* Vitec Rated New Buy at Jefferies; PT 885 pence

>>> Call
* Ferragamo 2Q Sales Disappoint, Consensus to Come Down: Analysts