>>> Europe : Brokers Upgrades & Downgrades - 31st of May 2021

>>> Up

>>> Down
* Marks & Spencer Cut to Equal-Weight at Morgan Stanley

>>> Initiation
* Fielmann Reinstated Hold at Nord/LB; PT 60 euros
* Mr Bricolage Rated New Buy at IDMidcaps; PT 14 euros
* Valneva ADRs Rated New Buy at Guggenheim; PT $35

>>> Call