>>> Europe : Brokers Upgrades & Downgrades - 8th of April 2021

>>> Up
* Airtel Africa Raised to Overweight at JPMorgan; PT 100 pence
* J D Wetherspoon Raised to Hold at Peel Hunt; PT 1,350 pence
* Sage Raised to Buy at Citi; PT 770 pence
* Volvo Raised to Buy at SocGen

>>> Down
* *Alibaba Group ADR Target Price Cut to $310.00 From $335.00 by Daiwa
* Shaftesbury Cut to Hold at Jefferies; PT 660 pence

>>> Initiation
* Auction Technology Group Rated New Overweight at JPMorgan
* Deliveroo Rated New Hold at Berenberg; PT 310 pence
* Detection Tech Oy Rated New Buy at SEB Equities; PT 32 euros
* FedEx Rated New Neutral at Exane; PT $273
* Technip Energies Rated New Outperform at Oddo BHF; PT 18 euros
* TUI Rated New Hold at Deutsche Bank; PT 4.40 euros
* UPS Rated New Underperform at Exane; PT $150

>>> Call
* Deliveroo Lacks Market Dominance, Started at Hold at Berenberg
* ESG Credentials Impacting London Office Pricing, Jefferies Says
* JD Wetherspoon Raised on Upside From Expansion Plans: Peel Hunt
* Orsted Seen Gaining After Poland Project Wins: Morgan Stanley
* Sage Can Re-Rate on Renewed Confidence in Growth Outlook: Citi