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

>>> Up
* Adyen PT Raised to 1,485 euros at Morgan Stanley
* Burckhardt Raised to Buy at Baader Helvea; PT 360 Swiss francs
* Compass Raised to Buy at HSBC; PT 1,380 pence
* CompuGroup Medical SE & Raised to Buy at MainFirst; PT 85 euros
* Essentra Raised to Buy at Deutsche Bank; PT 360 pence
* Euronav Raised to Hold at Cleaves Securities; PT 7.30 euros
* Hunter Group Raised to Hold at Cleaves Securities; PT 3 kroner
* Rovi Farmaceuticos Raised to Neutral at CaixaBank BPI
* Zur Rose PT Raised to 300 Swiss francs at Berenberg

>>> Down
* Balfour Beatty Cut to Hold at Jefferies; PT 260 pence
* Beyond Meat Cut to Underweight at Barclays; PT $115
* Capgemini Cut to Hold at HSBC; PT 105 euros
* Elior Group Cut to Hold at HSBC; PT 5.30 euros
* Hugo Boss Cut to Underperform at BofA; PT 20 euros
* RBI Cut to Neutral at Citi; PT 16.40 euros
* Stroeer Cut to Neutral at Goldman; PT 64.10 euros

>>> Initiation
* Warner Music Rated New Equal-Weight at Barclays; PT $28
* Warner Music Rated New Overweight at JPMorgan; PT $40
* Warner Music Reinstated Neutral at Goldman; PT $33

>>> Call
* Balfour Beatty Upside Limited, Jefferies Downgrades to Hold
* Berkeley Disruption Unlikely on Death of ‘Legend’ Pidgley: Citi