>>> Europe : Brokers Upgrades & Downgrades - 6th August 2020

>>> Up
* Belimo PT Raised to 8,000 Swiss francs at Berenberg
* Coca-Cola HBC Raised to Hold at SocGen; PT 2,050 pence
* Covestro Raised to Buy at Bankhaus Metzler; PT 49 euros
* Deutsche Post PT Raised to 42 euros from 38 euros at Jefferies
* Hannover Re Raised to Buy at Jefferies; PT 165 euros
* Norma Raised to Hold at HSBC; PT 25 euros
* Polytec Holding Raised to Accumulate at Erste Group
* Rotork PT Raised to 345 pence from 270 pence at Citi
* Safilo Raised to Neutral at Intermonte; PT 65 euro cents
* Sunrise PT Raised to 110 Swiss francs at Berenberg
* Tarkett Raised to Buy at HSBC; PT 14 euros
* Teva ADRs Raised to Equal-Weight at Barclays; PT $13
* Wolters Kluwer PT Raised to 77 euros at Morgan Stanley

>>> Down
* AstraZeneca Cut to Hold at Shore Capital; PT GBP89
* BMW Cut to Neutral at Exane; PT 65 euros
* DBV Tech Cut to Sell at SocGen; PT 2.90 euros
* Hastings Cut to Equal-Weight at Morgan Stanley; PT 255 pence
* Pagegroup Cut to Hold at Liberum; PT 375 pence
* Vestas Cut to Hold at SEB Equities; PT 870 kroner
* Zignago Vetro Cut to Hold at Intesa Sanpaolo; PT 14 euros

>>> Initiation
* Metso Outotec Oyj Rated New Buy at ABG; PT 7 euros
* XP Power Rated New Buy at Liberum; PT 5,130 pence

>>> Call
* Babcock Rebounds; Shore Says Engineer Still Has ‘Deep Value’
* Citi Lifts Brilliance China Target on BMW Venture Earnings Beat
* Hannover Re Showing ‘Exceptional’ Growth, Up to Buy: Jefferies
* Hastings Downgraded at Morgan Stanley After Agreeing to Sale
* StanChart Share Price Set to Remain Subdued, Morgan Stanley Says
* Unicredit Result Solid, Supported by Lower Provisions: Jefferies
* XP Power Set for Profit Acceleration, Initiated at Buy: Liberum