>>> Europe : Brokers Upgrades & Downgrades - 3rd of October 2020 V2(+)

>>> Up
* ALK-Abello Raised to Buy at Danske Bank Markets (+)
* Banca Sistema Raised to Buy at Banca Akros (ESN); PT 1.90 euros (+)
* Centamin Raised to Buy at Peel Hunt; PT 170 pence (+)
* Deutsche Wohnen Raised to Buy at Jefferies
* Elisa Raised to Hold at HSBC; PT 42.50 euros
* Enel Raised to Buy at Banca Akros (ESN); PT 9 euros (+)
* Fiat Chrysler Raised to Add at AlphaValue
* Glaxo Raised to Buy at Liberum
* Grand City Properties Raised to Hold at Jefferies
* Hoist Finance Raised to Buy at SEB Equities; PT 39 kronor
* LEG Immobilien Raised to Buy at Jefferies
* Lok'nStore Group Raised to Buy at Peel Hunt (+)
* Mediolanum Raised to Outperform at Mediobanca SpA (+)
* Nestle PT Raised to 125 Swiss francs at Morgan Stanley
* Nexans Raised to Outperform at Credit Suisse; PT 54 euros
* Nexi Raised to Accumulate at Banca Akros (ESN) (+)
* Nibe Raised to Hold at Danske Bank Markets; PT 220 kronor (+)
* NKT Raised to Outperform at Credit Suisse; PT 220 kroner
* Olvi Raised to Buy at SEB Equities; PT 50 euros
* Orchid Island Raised to Buy at Ladenburg Thalmann
* Saint-Gobain Raised to Neutral at Davy (+)

>>> Down
* Barco Cut to Neutral at Kempen & Co; PT 16 euros
* Basic-Fit Cut to Neutral at Kempen & Co; PT 40 euros
* Getlink SE Cut to Neutral at Kempen & Co; PT 13.10 euros
* Ibstock Cut to Hold at Deutsche Bank; PT 168 pence
* PPHE Hotel Cut to Neutral at JPMorgan; PT 1,100 pence (+)
* Recordati Cut to Neutral at Intermonte; PT 51 euros
* SAP PT Cut to 125 euros from 170 euros at Commerzbank (+)
* SAP Cut to Neutral at UBS (+)
* United Utilities Cut to Hold at HSBC; PT 900 pence

>>> Initiation
* Allegro.eu Rated New Buy at HSBC; PT 102 zloty
* JDE PEET'S Rated New Equal-Weight at Morgan Stanley
* Knights Rated New Buy at Stifel; PT 500 pence (+)
* THG Holdings Rated New Buy at Liberum; PT 750 pence (+)
* Unifiedpost Group Rated New Buy at Berenberg; PT 28 euros

>>> Call
* Fiat Chrysler Raised at AlphaValue on N. American SUV Demand (+)
* Nordic Banks 2020 Consensus Earnings Increased After 3Q: DB (+)
* Saint-Gobain Loses Only Sell as Davy Upgrades After Strong 3Q (+)
* Siemens Healthineers 4Q ‘Weak,’ Outlook In-Line: Bernstein (+)
* U.K. Bank Stocks Face Limited Second Lockdown Impact, Citi Says
* Unibail Update Weak as Expected, Focus on Capital Raise: MS