>>> Europe : Brokers Upgrades & Downgrades - 2nd of Ocotber 2020

>>> Up
* Bureau Veritas Raised to Buy at Goldman; PT 29 euros
* Deutsche Bank Raised to Hold at SocGen
* Endesa Raised to Buy at Citi; PT 25.80 euros
* Erste Raised to Outperform at KBW; PT 27.40 euros
* Getlink SE Raised to Buy at HSBC; PT 14.20 euros
* H&M PT Raised to 205 kronor from 190 kronor at Citi
* Iliad Raised to Buy at MainFirst; PT 195 euros
* IMI Raised to Overweight at Morgan Stanley; PT 1,260 pence
* Intertek Raised to Neutral at Goldman; PT 6,630 pence
* Krones Raised to Buy at HSBC; PT 67 euros
* RBI Raised to Market Perform at KBW; PT 17.60 euros
* Scor Raised to Outperform at KBW; PT 29 euros
* Sydbank AS Raised to Buy at ABG; PT 120 kroner

>>> Down
* Bayer Cut to Add at AlphaValue
* Burckhardt Cut to Add at Baader Helvea; PT 270 Swiss francs
* FLSmidth Cut to Equal-Weight at Morgan Stanley; PT 207 kroner
* Lonza Cut to Neutral at JPMorgan; PT 600 Swiss francs
* Melrose Industries Cut to Sell at Panmure Gordon; PT 95 pence
* Rolls-Royce Cut to Hold at MainFirst; PT 120 pence
* Sanlorenzo/Ameglia Cut to Add at Intesa Sanpaolo; PT 18 euros
* William Hill Cut to Hold at Berenberg; PT 272 pence

>>> Initiation
* Chi-Med ADRs Reinstated Buy at Deutsche Bank; PT $40
* TechnipFMC Rated New Market Perform at BMO; PT $7.50

>>> Call
* ‘Hidden Gems’ to Be Found Among U.K. AIM Stocks: Berenberg
* IMI Margin Recovery, Returns Not Priced in: Morgan Stanley