>>> Europe : Brokers Upgrades & Downgrades - 6th of February 2020 V2(+)

>>> Up
* Melexis PT Raised to 85 euros from 74 euros at Liberum
* Novo Nordisk PT Raised to 500 kroner at Intron Health
* OTP Bank Raised to Buy at VTB Capital; PT 17,400 forint
* WDP Raised to Buy at KBC Securities (+)

>>> Down
* CMC Markets Cut to Add at Peel Hunt
* Griffin Mining Cut to Sell at Panmure Gordon; PT 47 pence
* Hexagon Cut to Hold at ABG; PT 560 kronor
* Indutrade Cut to Sell at ABG; PT 305 kronor
* Ingenico Group Cut to Hold at Berenberg
* JLEN LN Cut to Underperform at Jefferies
* Outokumpu Oyj Cut to Neutral at Goldman (+)
* SIG Combibloc Cut to Hold at MainFirst; PT 16 Swiss francs

>>> Initiation
* Hapag-Lloyd Rated New Underweight at JPMorgan; PT 36.41 euros
* Mithra Pharma Rated New Buy at Berenberg; PT 40 euros

>>> Call
* ABI’s Almeida Could Be a Candidate for CEO Succession: Jefferies (+)
* ArcelorMittal Shares Should Outperform on Solid Results, MS Says (+)
* Ashmore 1H a Pretax Beat But of Mixed Quality: Morgan Stanley (+)
* Beazley Shares to React Positively to Strong Update, MS Says (+)
* Compass 1Q Sales Show Slowdown, But Still Ahead of Peers: MS (+)
* Daetwyler Dividend Disappoints, Outlook ‘Uninspiring:’ Baader (+)
* Equinor 4Q Likely to Get a Positive Reception: Handelsbanken (+)
* Klepierre Results In Line; Citi Keeps Structural Headwind View
* Mithra Pharma Given Street-High PT as Berenberg Initiates at Buy
* Nokia Shares Seen Gaining by Handelsbanken After ‘Solid’ Quarter
* OMV 4Q Challenging But Dividend Increase Positive, Citi Says (+)
* Publicis Results In-Line, North America ‘Encouraging:’ Berenberg (+)
* SIG Combibloc Cut at Mainfirst on Limited Short-Term Upside (+)
* SocGen Earnings Solid, Beats on Stronger CIB: Goldman Sachs (+)
* UniCredit Delivers Good News, Shares Expected to Rise: KBW (+)