>>> Europe : Brokers Upgrades & Downgrades - 6th of June 2022 V2

>>> Up
* Aegean Air Raised to Buy at Wood & Company; PT 6.50 euros
* Ardagh Metal Packaging Raised to Overweight at Barclays; PT $9
* Credit Suisse Raised OUT1V.FI to Outperform from Neutral, price target: €6.90
* Derwent London Raised to Add at Peel Hunt
* Intermediate Capital Raised to Buy at Peel Hunt; PT 2,625 pence
* Lululemon Raised to Market Perform at Bernstein; PT $300
* SocGen Raised to Buy at Jefferies; PT 35 euros
* Vallourec Raised to Equal-Weight at Barclays; PT 17 euros
* Wood Raised to Overweight at Barclays; PT 340 pence

>>> Down
* Aker Solutions Cut to Underweight at Barclays; PT 39 kroner
* Aveva Cut to Sell at Citi; PT 2,000 pence
* EDF Cut to Reduce at HSBC; PT 7.40 euros
* EnQuest Cut to Underweight at Barclays; PT 23 pence
* Hunting Cut to Underweight at Barclays; PT 360 pence
* Johnson Matthey Cut to Hold at HSBC; PT 2,350 pence
* Tecnicas Reunidas Cut to Equal-Weight at Barclays; PT 12 euros

>>> Initiation
* Hexagon Rated New Neutral at Citi; PT 125 kronor
* Nemetschek Rated New Buy at Citi; PT 85 euros
* Volaris ADRs Rated New Overweight at JPMorgan; PT $23

>>> Call
* Bernstein Strategists See Potential Margin Squeeze in Europe (+)
* Derwent London Raised on London Prime Office Outlook: Peel Hunt
* MS Strategists Expect Earnings Cuts to Weigh on US Stocks (+)
* Nemetschek Top Digital Industry Pick, Aveva Cut to Sell: Citi
* RBC’s Calvasina Cuts S&P 500 2022 Target to 4,700 on Growth Pace
* Societe Generale Raised to Buy at Jefferies as Risks Cleared