>>> Europe : Brokers Upgrades & Downgrades - 5th of July 2022 V2(+)

>>> Up
* AB InBev Raised to Buy at Citi; PT 62 euros
* Aker Solutions Raised to Buy at Arctic Securities; PT 35 kroner
* Ascential Raised to Buy at Citi
* BNP Paribas Raised to Buy at Deutsche Bank; PT 66 euros
* DBV Tech Raised to Buy at Kempen & Co; PT 5.50 euros
* Dechra Pharma Raised to Outperform at RBC; PT 4,200 pence
* Genfit Raised to Buy at Kempen & Co
* Moneysupermarket Raised to Buy at Liberum
* Moncler Raised to Sector Perform at RBC; PT 47 euros
* Proximus Raised to Neutral at Citi; PT 14 euros
* Remy Cointreau Raised to Buy at Jefferies; PT 200 euros
* Scout24 SE Raised to Buy at Goldman; PT 64.30 euros
* Sparebanken Vest Raised to Buy at Nordea; PT 99 kroner
* TietoEVRY Raised to Buy at Handelsbanken
* Wolters Kluwer Raised to Buy at Goldman; PT 113 euros

>>> Down
* Credit Agricole Cut to Hold at Deutsche Bank; PT 12 euros
* Deutsche Euroshop Cut to Hold at M.M. Warburg; PT 23 euros (+)
* Fielmann Cut to Hold at HSBC; PT 41 euros (+)
* Next Cut to Hold at Deutsche Bank; PT 6,200 pence (+)
* ProSieben Cut to Sell at Goldman; PT 9 euros
* Publicis Cut to Neutral at Goldman; PT 53.10 euros
* Standard Chartered Cut to Market Perform at KBW; PT 700 pence

>>> Initiation
* 888 Resumed Buy at Deutsche Bank; PT 350 pence (+)
* About You Rated New Underperform at Exane; PT 5.20 euros
* Diageo Reinstated Buy at Stifel; PT 4,530 pence
* Dredging Environmental & Marine Engineering Rated New Buy at ING
* Global Fashion Group Rated New Underperform at Exane; PT 1 euro
* Lyko Rated New Buy at Kepler Cheuvreux; PT 250 kronor (+)
* Oncopeptides Reinstated Buy at Kempen & Co; PT 35 kronor
* Pernod Ricard Reinstated Hold at Stifel; PT 192 euros
* RS Group Rated New Neutral at Citi; PT 900 pence

>>> Call
* Morgan Stanley’s Wilson Says Slowdown Is ‘Worse Than Expected’
* Ascential Re-Rating Likely, Citi Raises and Opens Catalyst Watch
* Lonza Raised to Buy at Citi on Strong Trends in Biologics
* Proximus Upgraded to Neutral at Citi, Downside Now Priced In
* Remy Gets Buy for First Time at Jefferies on China Tailwind
* Wallenberg Investments Fully Supports SAS Decision on Chapter 11 (+)
* SAP an Evolving ‘Software Powerhouse,’ Berenberg Initiates Buy
* Uniper Bailout Burdens Shareholders Not Customers: Citi Analyst (+)