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

>>> Up
* Adecco Raised to Reduce at AlphaValue
* Ambu Raised to Buy at DNB Markets; PT 325 kroner
* Aryzta Raised to Add at AlphaValue
* BMW Raised to Buy at Jefferies; PT 115 euros
* BT Raised to Overweight at Morgan Stanley; PT 200 pence
* Compleo Charging Solutions Raised to Outperform at Oddo BHF (+)
* Credito Emiliano Raised to Outperform at Intermonte; PT 6 euros
* Crest Nicholson Raised to Buy at Jefferies; PT 474 pence
* Everest Re Raised to Buy at Deutsche Bank; PT $305
* Generali Raised to Buy at Nord/LB; PT 19 euros
* Johnson Controls Raised to Overweight at Morgan Stanley; PT $73
* Kone Raised to Buy at HSBC; PT 79 euros
* Pandora Raised to Buy at HSBC; PT 800 kroner
* SGL Raised to Add at AlphaValue
* Taylor Wimpey Raised to Overweight at JPMorgan; PT 220 pence
* VW Raised to Buy at Jefferies; PT 295 euros

>>> Down
* Barratt Cut to Neutral at JPMorgan; PT 850 pence
* BayWa Cut to Hold at M.M. Warburg (+)
* Bellway Cut to Hold at Jefferies; PT 3,820 pence
* Berkeley Cut to Reduce at HSBC; PT 3,940 pence
* BPER Banca Cut to Neutral at Intermonte; PT 2.10 euros
* Cerved Cut to Hold at Bestinver; PT 9.50 euros (+)
* Electrolux Cut to Underweight at JPMorgan; PT 220 kronor
* Hays Cut to Hold at HSBC; PT 160 pence
* Leoni Cut to Underweight at JPMorgan; PT 5 euros
* TechnipFMC Cut to Reduce at AlphaValue

>>> Initiation
* Dermapharm Rated New Buy at Stifel; PT 88 euros

>>> Call
* BASF ‘On Track’ for Upper End of 2021 Target: Commerzbank (+)
* BMW, Volkswagen Raised at Jefferies, Upbeat on OEM Transitioning
* BT Raised at Morgan Stanley on Cheap Valuation, Brighter Outlook
* Crest Nicholson Upgraded at Jefferies on Delivery, Bellway Cut