>>> Europe : Brokers Upgrades & Downgrades - 6th of May 2020

>>> Up
* Assura Raised to Add at Peel Hunt
* BB Biotech Raised to Add at Baader Helvea; PT 68 Swiss francs
* British Land Raised to Buy at Peel Hunt
* CLS Holdings Raised to Buy at Peel Hunt
* Eurofins Scientific Raised to Neutral at Exane; PT 490 euros
* Hiscox Raised to Buy at Jefferies; PT 850 pence
* Land Sec. Raised to Add at Peel Hunt
* LondonMetric Raised to Add at Peel Hunt
* Michelin Raised to Add at AlphaValue
* Scout24 Cut to Equal-Weight at Morgan Stanley; PT 62 euros
* Stroeer Raised to Overweight at Morgan Stanley; PT 69 euros
* ThyssenKrupp Raised to Buy at Baader Helvea; PT 7.50 euros
* Wacker Chemie Raised to Buy at MainFirst; PT 73 euros

>>> Down
* Ambu Cut to Neutral at JPMorgan; PT 219 kroner
* Capital & Counties Cut to Add at Peel Hunt
* Capital & Regional Cut to Reduce at Peel Hunt
* Derwent London Cut to Hold at Peel Hunt
* Elior Group Cut to Add at AlphaValue
* Grainger Cut to Add at Peel Hunt
* Great Portland Cut to Reduce at Peel Hunt
* Hammerson Cut to Reduce at Peel Hunt
* Helical Cut to Add at Peel Hunt
* Intu Cut to Sell at Peel Hunt
* Kering Cut to Hold at Jefferies; PT 505 euros
* NewRiver Cut to Hold at Peel Hunt
* Nordic Mining Cut to Neutral at Clarksons Platou
* Richemont Cut to Add at AlphaValue
* Safestore Cut to Hold at Peel Hunt
* Segro Cut to Reduce at Peel Hunt
* Shaftesbury Cut to Reduce at Peel Hunt
* TOMRA Cut to Sell at SEB Equities; PT 270 kroner
* Town Centre Securities Cut to Add at Peel Hunt
* UniCredit Cut to Neutral at Banca Akros (ESN)
* Unite Group Cut to Hold at Peel Hunt
* Wirecard Cut to Equal-Weight at Barclays; PT 200 euros
* Workspace Cut to Reduce at Peel Hunt

>>> Initiation
* Encavis Rated New Buy at MainFirst; PT 14.30 euros
* Flatex AG Rated New Buy at Jefferies; PT 43 euros
* Neoen Rated New Hold at MainFirst; PT 33.30 euros

>>> Call
* Kering Cut at Jefferies on Limited Upside and Tough Months Ahead
* Hugo Boss Still ‘Looks Cheap,’ Online Business Strong: Jefferies
* Thyssenkrupp a ‘Risky Deep Value Play,’ Raised to Buy: Baader
* U.K. Real Estate Faces Choppy Waters, Retail Most Hit: Peel Hunt