>>> Europe : Brokers Upgrades & Downgrades - 30th of January 2020 V2(+)

>>> Up
* Air France-KLM Raised to Outperform at Bernstein
* BASF Raised to Buy at SocGen; PT 72 euros
* BillerudKorsnas Raised to Buy at SEB Equities; PT 140 kronor
* Casino Raised to Buy at SocGen; PT 47 euros
* Covestro Raised to Buy at SocGen; PT 45 euros
* Eurazeo SE Raised to Buy at Berenberg
* Kesko Oyj Raised to Buy at SEB Equities; PT 70 euros
* Lanxess Raised to Buy at Berenberg
* Leoni Raised to Hold at MainFirst; PT 8.90 euros
* ProSieben Raised to Buy at M.M. Warburg (+)
* Wacker Chemie Raised to Buy at SocGen; PT 80 euros
* X-Fab Silicon Foundries Raised to Buy at Berenberg
* Yara Raised to Sector Perform at Scotiabank; PT 360 kroner

>>> Down
* AFC Energy Cut to Hold at Panmure Gordon; PT 17 pence
* BioMerieux Cut to Hold at MainFirst; PT 89 euros
* EDP Renovaveis Cut to Neutral at Goldman; PT 11.30 euros
* Homeserve Cut to Neutral at Citi
* IG Group Cut to Hold at Liberum
* Ingenico Group Cut to Underperform at Exane; PT 85 euros
* JCDecaux Cut to Underweight at Barclays; PT 23.50 euros (+)
* Lenzing Cut to Sell at Deutsche Bank
* NNIT Cut to Sell at SEB Equities; PT 86 kroner
* Schibsted Cut to Hold at SEB Equities; PT 280 kroner
* Sydbank Cut to Sell at SEB Equities; PT 129 kroner

>>> Initiation
* First Derivatives Rated New Add at Peel Hunt; PT 3,100 pence
* Network International Rated New Outperform at Exane
* Nexi Rated New Neutral at Exane; PT 13 euros
* Nordex Resumed Neutral at Citi; PT 13.10 euros
* Team17 Rated New Buy at Panmure Gordon; PT 550 pence

>>> Call
* Air France Upgraded, Sector’s Virus Sell-off Overdone: Bernstein
* Lanxess Up to Buy on Potential in Virus Disinfectant: Berenberg (+)