>>> Europe : Brokers Upgrades & Downgrades - 30th of April 2021

>>> Up
* Airbus Raised to Hold at SocGen
* Aixtron Raised to Buy at Berenberg; PT 20 euros
* Dassault Aviation Raised to Buy at SocGen; PT 1,047 euros
* Hexagon Raised to Hold at Handelsbanken; PT 900 kronor
* Johnson Matthey Raised to Buy at HSBC; PT 3,750 pence
* K2a Knaust & Andersson Fastigheter Raised to Buy at Carnegie
* Kering Raised to Outperform at Bernstein; PT 779 euros
* Meggitt Raised to Hold at SocGen; PT 499 pence
* Merlin Properties Raised to Buy at JB Capital Markets
* MTU Aero Raised to Hold at SocGen; PT 206 euros
* Nordea Bank Raised to Buy at Arctic Securities; PT 98 kronor
* Rovio Raised to Hold at SEB Equities; PT 6.60 euros
* SAF-Holland SE Raised to Outperform at Oddo BHF; PT 16 euros
* Safran Raised to Hold at SocGen; PT 125 euros
* SAS Cut to CCC by S&PGR Citing ‘Unsustainable’ Capital Structure
* Straumann Raised to Overweight at JPMorgan
* Subsea 7 Raised to Buy at SEB Equities; PT 95 kroner
* Umicore Raised to Buy at HSBC; PT 56 euros

>>> Down
* Accor Cut to Sell at Berenberg; PT 27.50 euros
* Borregaard Cut to Hold at Carnegie; PT 180 kroner
* DWS Cut to Equal-Weight at Morgan Stanley; PT 41.30 euros
* Eltel Cut to Hold at Carnegie; PT 28.50 kronor
* Intershop Cut to Hold at Stifel; PT 660 Swiss francs
* Lundin Energy Cut to Hold at Berenberg; PT 280 kronor
* Musti Group Cut to Hold at Carnegie; PT 30 euros
* STMicroelectronics Cut to Hold at Liberum
* Olvi Cut to Hold at SEB Equities; PT 52 euros

>>> Initiation
* Desert Control Rated New Buy at Arctic Securities
* Moncler Resumed Buy at Citi; PT 59 euros

>>> Call
* Aixtron Attractive After Post-Earnings Fall, Berenberg Says
* Hexagon Attractive Versus Peers, Stock Upgraded at Handelsbanken
* Lundin Energy Valuation ‘In Line’ After Good 1Q: Berenberg
* Saint-Gobain 1Q Growth Strong, Little on Strategy: Jefferies