>>> Europe : Brokers Upgrades & Downgrades - 4th of May 2021 V2(+)

>>> Up
* Atlas Copco Raised to Hold at Deutsche Bank (+)
* Barclays Raised to Buy at Investec; PT 200 pence (+)
* Boeing Raised to Market Perform at Bernstein; PT $229
* Novozymes Raised to Neutral at JPMorgan; PT 420 kroner
* Siemens Healthineers Raised to Buy at Deutsche Bank; PT 56 euros
* Spire Healthcare PT Raised to 233 pence at Peel Hunt
* Swedbank Raised to Buy at AlphaValue
* Travis Perkins Raised to Buy at Canaccord; PT 1,725 pence
* Trigano Raised to Buy at SocGen; PT 198 euros (+)

>>> Down
* A2A Cut to Accumulate at Banca Akros (ESN); PT 1.80 euros (+)
* Exprivia Cut to Neutral at Banca Akros (ESN) (+)
* Greencoat Renewables Cut to Sector Perform at RBC; PT 1.15 euros
* INWIT Cut to Equal-Weight at Barclays; PT 11.50 euros
* Saipem Cut to Add at AlphaValue

>>> Initiation
* dotdigital Rated New Buy at Jefferies; PT 220 pence
* H-Farm Rated New Outperform at EnVent S.p.A.; PT 31 euro cents
* Friedrich Vorwerk Group Rated New Buy at Berenberg; PT 61 euros
* QinetiQ Rated New Equal-Weight at Morgan Stanley; PT 387 pence
* Sitowise Group Rated New Buy at Danske Bank Markets
* Trustpilot Rated New Buy at Berenberg; PT 385 pence
* Trustpilot Rated New Equal-Weight at Morgan Stanley
* Trustpilot Rated New Overweight at JPMorgan; PT 350 pence
* Trustpilot Rated New Buy at Danske Bank Markets; PT 393 pence
* Ultra Electronics Rated New Equal-Weight at Morgan Stanley
* Vantage Towers Rated New Buy at Citi; PT 30 euros

>>> Call
* Adecco’s 1Q Shows a ‘Noticeable’ Margin Improvement, ZKB Says (+)
* Atlas Copco Upgraded as Deutsche Bank Sees Semicap Boom Phase (+)
* Demant Guidance Raise Implies Consensus Upgrades: Jefferies (+)
* Geberit Indicated Higher as ZKB Notes Big 1Q Beat at all Levels (+)
* HelloFresh’s Growth Initiatives Paying Off, Berenberg Says
* Oerlikon Has ‘Strong Start’ to Year, Ebitda Margin Improved: ZKB (+)
* Oil Service Sector Rallies as Barclays Says ‘Time to Own’
* Pandora’s 1Q Beat, FY Outlook to Be Taken Well: Morgan Stanley (+)
* TeamViewer’s 1Q Shows ‘Good Execution,’ Morgan Stanley Says (+)
* U.K. Defense Firms’ Good Outlooks Priced In: Morgan Stanley