>>> Europe : Brokers Upgrades & Downgrades - 8th of September 2020

>>> Up
* BT Raised to Overweight at Barclays; PT 160 pence
* BW LPG Raised to Hold at Cleaves Securities; PT 37 kroner
* Euronav Raised to Hold at Cleaves Securities; PT $8
* Flutter Raised to Overweight at Barclays; PT 13,000 pence
* Hargreaves Lansdown Raised to Buy at Berenberg; PT 1,915 pence
* Jupiter Raised to Hold at Berenberg; PT 196 pence
* Saint-Gobain Raised to Buy at SocGen; PT 41 euros
* Schindler Raised to Buy at HSBC; PT 280 Swiss francs
* St James's Place Raised to Buy at Berenberg; PT 1,195 pence
* Standard Life Aberdeen Raised to Buy at Berenberg; PT 285 pence

>>> Down
* *EUROPEAN TELECOMS SECTOR CUT TO UNDERWEIGHT AT MORGAN STANLEY
* GVC Cut to Equal-Weight at Barclays; PT 900 pence
* HeidelbergCement Cut to Hold at SocGen; PT 58 euros
* Pirelli Raised to Buy at Citi; PT 4.60 euros
* Sika Cut to Hold at SocGen; PT 230 Swiss francs (Yest. PM)
* Valeo Cut to Sell at AlphaValue

>>> Initiation
* Grenke Rated New Hold at Nord/LB; PT 60 euros
* Schumag Rated New Buy at GSC Research; PT 1.50 euros

>>> Call
* ABI Potential CEO Succession a Headwind for the Short Term: Citi
* Ashstead Gains Based on ‘Good Peer Performance,’ Liberum Says
* Berenberg Sees Encouraging Signs in European Asset Managers
* Saint-Gobain Rises on SocGen Upgrade; HeidelbergCement, Sika Cut (Yest. PM)