>>> Europe : Brokers Upgrades & Downgrades - 3rd of February 2021

>>> Up
* Adevinta Raised to Overweight at Morgan Stanley; PT 160 kroner
* Alphabet PT Raised to $2,200 from $2,050 at Morgan Stanley
* Amazon PT Raised to $4,200 from $3,900 at Morgan Stanley
* Avanza Raised to Buy at DNB Markets; PT 300 kronor
* Aviva Raised to Overweight at Morgan Stanley; PT 425 pence
* Bucher PT Raised to 530 Swiss francs at Berenberg
* Electrolux Raised to Buy at Pareto Securities; PT 230 kronor
* Ferrari Cut to Sell at Citi; PT 160 euros
* Fresenius Medical Cut to Hold at LBBW; PT 60 euros
* Lenzing PT Raised to 145 euros from 94 euros at Deutsche Bank
* Novozymes Raised to Hold at Berenberg; PT 370 kroner
* Persimmon Raised to Overweight at Barclays; PT 3,000 pence
* Polypipe PT Raised to 667 pence from 639 pence at Jefferies
* Prudential Raised to Hold at SocGen; PT 1,250 pence
* Rieter Raised to Buy at Stifel; PT 145 Swiss francs
* Schibsted Raised to Buy at SEB Equities; PT 365 kroner
* SSP Raised to Buy at Berenberg; PT 335 pence
* Taylor Wimpey Raised to Overweight at Barclays; PT 170 pence

>>> Down
* Air France-KLM Cut to Underperform at Oddo BHF; PT 4.50 euros
* Barratt Cut to Equal-Weight at Barclays; PT 725 pence
* CCC Raised to Buy at HSBC; PT 100 zloty
* Crest Nicholson Cut to Equal-Weight at Barclays; PT 335 pence
* Holmen Cut to Sell at SEB Equities; PT 340 kronor
* Lundin Energy Raised to Outperform at RBC; PT 260 kronor
* Mycronic Cut to Sell at Handelsbanken; PT 200 kronor
* Orange Belgium Cut to Neutral at Oddo BHF; PT 22 euros
* Sainsbury Cut to Hold at SocGen; PT 247 pence
* Scatec ASA Cut to Neutral at Clarksons Platou; PT 300 kroner
* Unite Group Cut to Underweight at Barclays; PT 850 pence

>>> Initiation
* Diageo ADRs Rated New Overweight at Morgan Stanley; PT $192
* Solaria Energia Rated New Buy at Berenberg; PT 26 euros
* Wincanton Rated New Buy at Peel Hunt; PT 385 pence

>>> Call
* Adevinta Share Drop Provides Attractive Entry Point, MS Says
* Aviva Upgraded at Morgan Stanley, Disposals Bring Optionality
* Solaria a Buy at Berenberg But Needs to Deliver on Targets
* SSP Group Share Weakness Brings Buying Opportunity: Berenberg