>>> Europe : Brokers Upgrades & Downgrades - 7th of May 2021 V2(+)

>>> Up
* Boule Diagnostics Raised to Buy at Pareto Securities (+)
* Deutsche Bank Raised to Equal-Weight at Morgan Stanley
* Europcar Raised to Buy at SocGen; PT 39 euro cents (+)
* FACC Raised to Hold at Berenberg; PT 8.50 euros
* Fastighets AB Trianon Raised to Hold at Carnegie; PT 150 kronor
* Genel Raised to Buy at Renaissance Capital; PT 205 pence
* Hugo Boss Raised to Buy at Baader Helvea; PT 50 euros
* Infineon Raised to Buy at SocGen; PT 41.50 euros
* Kone Raised to Equal-Weight at Morgan Stanley; PT 58 euros
* Legrand Raised to Equal-Weight at Morgan Stanley; PT 74 euros
* New Work Raised to Buy at Hauck & Aufhaeuser; PT 325 euros (+)
* Nokia Raised to Overweight at Morgan Stanley; PT 5 euros
* Zalando Raised to Buy at Hauck & Aufhaeuser; PT 100 euros (+)

>>> Down
* Carmila Cut to Sell at SocGen; PT 12.20 euros
* DNO Cut to Hold at Renaissance Capital; PT 10.50 kroner
* Ericsson Cut to Equal-Weight at Morgan Stanley; PT 135 kronor
* Fasadgruppen Group Cut to Hold at Carnegie; PT 136 kronor
* Hammerson Cut to Hold at SocGen; PT 38 pence
* John Laing Group Cut to Hold at Liberum; PT 380 pence
* Klepierre Cut to Sell at SocGen; PT 19.80 euros
* Outokumpu Cut to Hold at Deutsche Bank; PT 5.70 euros
* Outokumpu Cut to Reduce at Inderes; PT 5.50 euros
* RSA Cut to Hold at Peel Hunt (+)
* Sonova’s Sennheiser Deal Is Positive, Fair Price Paid: Vontobel (+)
* TAG Immobilien Cut to Hold at SocGen; PT 28 euros
* Takkt Cut to Hold at LBBW; PT 14.20 euros
* Veidekke Cut to Hold at SEB Equities; PT 130 kroner
* Veidekke Cut to Hold at Handelsbanken; PT 130 kroner

>>> Initiation
* Desenio Group Rated New Buy at Carnegie; PT 120 kronor
* FDJ Rated New Equal-Weight at Morgan Stanley; PT 43 euros
* Genmab Reinstated Buy at Deutsche Bank; PT 2,750 kroner
* Hill & Smith Rated New Buy at Jefferies; PT 1,750 pence
* Nimbus Group Rated New Hold at Carnegie; PT 64 kronor
* Pierce Group Rated New Hold at Carnegie; PT 90 kronor
* Rational Rated New Underperform at Oddo BHF; PT 585 euros
* THG PLC Rated New Outperform at Davy
* TT Electronics Rated New Overweight at Barclays; PT 280 pence
* Wickes Group Rated New Buy at Citi; PT 282 pence

>>> Call
* Adidas Results Seen Well Received After Recent Weakness: RBC (+)
* Amadeus Results in Line, Volumes Increasing: Jefferies (+)
* BMW’s 1Q Has ‘High Quality in the Details,’ Jefferies Says (+)
* Credit Agricole Reports ‘Good Set of Results,’ RBC Says (+)
* Deutsche Bank’s Momentum Undervalued, Morgan Stanley Upgrades (+)
* Enel 1Q a ‘Mixed Bag’ With Underlying Softness, Analysts Say (+)
* Intercontinental Set For Recovery, Already Priced In: Jefferies (+)
* Kone Resilience, Limited Downside Prompt MS Upgrade of Stock
* Nokia Improves Faster Than Expected, Preferred Over Ericsson: MS
* Outokumpu Cut at Deutsche Bank, Inderes Following 160% Gain (+)
* Siemens Beat-and-Raise Should Be Well-Recieved, RBC Says (+)
* SocGen Consensus Seen Rising, Jefferies Raises Street-High PT (+)
* Wickes Group Has ‘Winning Model,’ Citi Initiates With Buy Rating (+)
* S&P Earnings Calls Point to EPS Growth, Buyback Bonanza: Goldman (+)