>>> Europe : Brokers Upgrades & Downgrades - 29th of October 2020 V2(+)

>>> Up
* Banca Ifis Raised to Buy at Banca Akros (ESN); PT 10 euros (+)
* Banco Santander Raised to Hold at Berenberg; PT 1.60 euros
* BIC Raised to Buy at SocGen; PT 48.60 euros
* Bilia Raised to Hold at Handelsbanken; PT 118 kronor
* Catena Raised to Buy at Pareto Securities; PT 389 kronor (+)
* Deutsche Bank Raised to Buy at SocGen; PT 10 euros
* doValue SpA Raised to Accumulate at Banca Akros (ESN) (+)
* Manitou BF Raised to Buy at SocGen; PT 22.80 euros
* Manitou BF Raised to Buy at Gilbert Dupont; PT 20 euros (+)
* Mediaset Espana Raised to Buy at Grupo Santander; PT 5 euros (+)
* Snam Raised to Buy at MainFirst; PT 5 euros
* SoftwareONE Raised to Buy at Citi; PT 28.40 Swiss francs
* Sydbank Raised to Buy at Handelsbanken; PT 120 kroner
* UniCredit Raised to Accumulate at Banca Akros (ESN) (+)
* Wihlborgs Raised to Hold at Handelsbanken; PT 160 kronor
* Wm Morrison Supermarkets Raised to Equal-Weight at Barclays

>>> Down
* Bayer’s Dicamba U.S. Re-Registration ‘Big Relief,’ Deutsche Says (+)
* DWS Cut to Hold at Commerzbank; PT 34 euros
* GCP Infra Cut to Underperform at Jefferies
* Jungheinrich Cut to Hold at MainFirst; PT 35 euros
* KAZ Minerals Cut to Equal-Weight at Morgan Stanley
* SAP Cut to Neutral at Redburn (+)
* Verbund Cut to Reduce at Commerzbank; PT 44 euros (+)

>>> Initiation
* Airbus 3Q Shows Relative Stability, Sets Sound Base: Jefferies
* Helios Towers Rated New Overweight at JPMorgan; PT 200.10 pence
* Medios Rated New Buy at Bankhaus Metzler; PT 35 euros (+)

>>> Call
* AB InBev 3Q Is ‘Strong,’ Although No Interim Dividend: Jefferies (+)
* Glanbia’s Update Should Be Well Received, Goodbody Says (+)
* Lloyds Overweight Rating Reiterated at MS After Earnings Beat (+)
* Worldline Keeping Guidance Positive, Ingenico ‘Mixed’: Jefferies
* Santander Raised to Hold at Berenberg on Commitment to Cost Cuts (+)
* Sodexo’s FY Results Have Several Positive Takeaways: Bernstein (+)
* Symrise May Fall Relative to Market as Guidance Misses: Redburn (+)
* Thyssenkrupp Must Speed Up Cost-Cutting, Deutsche Bank Says (+)
* Volkswagen 3Q Was ‘Solid,’ If ‘Muted’ Versus Peers: Jefferies (+)