>>> Europe : Brokers Upgrades & Downgrades - 2nd of April 2020 V2(+)

>>> Up
* Aena Raised to Buy at MainFirst; PT 120 euros
* Arbonia Raised to Outperform at ZKB (+)
* Atrium Ljungberg Raised to Hold at Handelsbanken; PT 150 kronor
* Big Yellow Group Raised to Buy at Jefferies; PT 1,164 pence
* BioMerieux Raised to Buy at Oddo BHF; PT 113 euros (+)
* British Land Raised to Hold at Jefferies; PT 365 pence
* Capital & Counties Raised to Hold at Jefferies; PT 172 pence
* Castellum Raised to Hold at Handelsbanken; PT 165 kronor
* Credit Agricole Raised to Buy at DZ Bank; PT 10 euros (+)
* Derwent London Raised to Buy at Jefferies; PT 3,958 pence
* DS Smith Raised to Buy at Jefferies; PT 325 pence
* Empiric Student Raised to Buy at Jefferies; PT 79 pence
* Engie Raised to Buy at Oddo BHF; PT 14 euros (+)
* Evonik Raised to Buy at Baader Helvea; PT 26.50 euros
* Gecina Raised to Buy at Jefferies; PT 140 euros
* Gerresheimer Raised to Buy at Pareto Securities; PT 68 euros
* Grainger Raised to Buy at Jefferies; PT 300 pence
* Great Portland Raised to Buy at Jefferies; PT 790 pence
* Hannover Re Raised to Hold at LBBW; PT 130 euros (+)
* Hexagon Raised to Buy at DNB Markets; PT 490 kronor
* Hikma Raised to Overweight at JPMorgan; PT 2,400 pence
* Hikma Raised to Buy at Peel Hunt; PT 2,380 pence (+)
* InterContinental Hotels Raised to Buy at Deutsche Bank
* John Mattson Fastighetsforetagen Raised to Buy at Handelsbanken
* Land Sec. Raised to Buy at Jefferies; PT 640 pence
* LondonMetric Raised to Buy at Jefferies; PT 204 pence
* Pfeiffer Vacuum Raised to Neutral at Oddo BHF (+)
* Primary Health Raised to Buy at Jefferies; PT 179 pence
* Proximus Raised to Equal-Weight at Barclays; PT 19 euros
* Safestore Raised to Buy at Jefferies; PT 750 pence
* Sbanken Raised to Buy at Pareto Securities; PT 65 kroner
* Segro Raised to Buy at Jefferies; PT 878 pence
* Shaftesbury Raised to Hold at Jefferies; PT 598 pence
* Unilever Raised to Equal-Weight at Barclays; PT 4,420 pence
* Unite Group Raised to Buy at Jefferies; PT 932 pence
* Workspace Raised to Hold at Jefferies; PT 745 pence
* XXL Raised to Buy at ABG; PT 15 kroner
* YIT Oyj Raised to Buy at DNB Markets; PT 5.70 euros (+)

>>> Down
* Adapteo Cut to Sell at Handelsbanken; PT 80 kronor
* Adidas Cut to Hold at DZ Bank; PT 195 euros (+)
* Air France-KLM Cut to Sell at MainFirst; PT 2 euros
* BP Cut to Sell at DZ Bank; PT 300 pence (+)
* Bravida Cut to Hold at SEB Equities; PT 70 kronor
* Edenred Cut to Equal-Weight at Barclays; PT 40 euros
* Elmos Semi Cut to Neutral at Oddo BHF (+)
* Equinor Cut to Hold at SEB Equities; PT 140 kroner
* Fraport Cut to Hold at MainFirst; PT 40 euros
* Fresnillo Cut to Sell at Panmure Gordon; PT 565 pence (+)
* Infineon Cut to Reduce at Oddo BHF (+)
* Intrum Cut to Sell at Handelsbanken; PT 120 kronor
* Klovern Raised to Hold at Handelsbanken; PT 14 kronor
* Lufthansa Cut to Sell at MainFirst; PT 6.50 euros
* Naturgy PT Cut to 13.50 euros from 16.80 euros at Citi
* NH Hotel Cut to Hold at Deutsche Bank; PT 4.04 euros
* Schoeller-Bleckmann Cut to Hold at Deutsche Bank; PT 30 euros
* STMicroelectronics Cut to Neutral at Oddo BHF (+)
* Suess MicroTec Cut to Neutral at Oddo BHF (+)
* Zurich Airport Cut to Sell at MainFirst; PT 90 Swiss francs

>>> PT Change


>>> Initiation
* Bechtle Rated New Hold at Jefferies; PT 122 euros
* Cancom Rated New Buy at Jefferies; PT 58 euros
* Ilika Reinstated Buy at Liberum; PT 50 pence
* Nestle Reinstated Overweight at Morgan Stanley
* S&T Rated New Buy at Jefferies; PT 26 euros
* TwentyFour Income Fund Rated New Positive at Stifel (+)

>>> Call
* Luxury Post-Virus Outlook More Negative for Europe Than U.S: RBC (+)
* European Insurance Sell-Off With Banks Is Unfair, RBC Says
* U.K. REIT Over-Valuations Purged, Jefferies Closes Sector Short
* Ocado Customer Feedback is ‘Strongly Deteriorating’: Jefferies (+)
* Packaging Supports Essential Sectors, DS Smith to Buy: Jefferies