>>> Europe : Brokers Upgrades & Downgrades - 6th of May 2022 V2(+)

>>> Up
* Bombardier Raised to Buy at Vertical Research; PT C$2.20 (+)
* Elmera Group ASA Raised to Buy at Pareto Securities
* Fastighets AB Trianon Raised to Hold at Handelsbanken
* Hiscox Raised to Buy at HSBC; PT 1,100 pence (+)
* PSI Raised to Buy at GSC Research; PT 42 euros (+)
* Sievi Capital Raised to Buy at Inderes; PT 1.80 euros
* SocGen Raised to Neutral at BofA; PT 28 euros (+)
* SR-Bank Raised to Buy at Arctic Securities; PT 137 kroner
* Stellantis Raised to Buy at DZ Bank; PT $16.82 (+)

>>> Down
* Addex Therapeutics Cut to Add at Baader Helvea
* Airthings Cut to Hold at Arctic Securities; PT 7 kroner (+)
* Boohoo Cut to Hold at SocGen; PT 72 pence (+)
* Centrica Cut to Reduce at HSBC; PT 70 pence
* Credit Agricole Cut to Underperform at Mediobanca SpA (+)
* Nobia Cut to Hold at Nordea (+)
* Peab Cut to Hold at Handelsbanken
* Rathbones Group Cut to Hold at Jefferies; PT 2,100 pence
* Sparebanken Vest Cut to Hold at Arctic Securities; PT 100 kroner

>>> Initiation
* Nexus Rated New Outperform at Exane; PT 65 euros
* Petrofac Reinstated Buy at Goldman; PT 170 pence
* Wickes Rated New Buy at Panmure Gordon; PT 355 pence (+)

>>> Call
* Banco BPM Outlook Encouraging, Core Revenue Solid: Jefferies
* Leonardo 1Q Above Expectations, Outlook Confirmed: Deutsche Bank (+)