>>> Europe : brokers Upgrades & Downgrades - 9th of December 2020 V2(+)

>>> Up
* Bossard Raised to Buy at Stifel; PT 200 Swiss francs
* Cairn Energy Raised to Buy at Berenberg; PT 200 pence
* Chariot Oil & Gas Raised to Buy at Peel Hunt; PT 15 pence
* Equinor Raised to Buy at Berenberg; PT 180 kroner
* E.On Raised to Neutral at Goldman; PT 10.20 euros
* Ferrari Raised to Outperform at Exane; PT $279
* GN Store Nord AS Raised to Overweight at Morgan Stanley
* Hella Raised to Neutral at Oddo BHF; PT 48 euros (+)
* Mediaset Espana Raised to Buy at Kepler Cheuvreux (+)
* National Grid Raised to Buy at Citi; PT 970 pence
* Nordea Bank Raised to Buy at Deutsche Bank
* Scout24 Raised to Buy at Kepler Cheuvreux (+)
* Siemens Healthineers Raised to Overweight at Morgan Stanley
* SocGen Raised to Outperform at Mediobanca SpA; PT 23.40 euros
* Telenor Raised to Overweight at Barclays; PT 190 kroner

>>> Down
* Atresmedia Cut to Hold at Kepler Cheuvreux (+)
* Credit Suisse Cut to Neutral at Mediobanca SpA
* Elekta Cut to Underweight at Morgan Stanley; PT 89 kronor
* Hugo Boss Cut to Hold at Hauck & Aufhaeuser; PT 27 euros (+)
* Informa Cut to Hold at Kepler Cheuvreux (+)
* KPN Cut to Equal-Weight at Barclays; PT 2.85 euros
* NatWest Cut to Hold at Shore Capital (+)
* Orange Belgium Cut to Hold at ABN Amro Bank; PT 22 euros
* Orange Belgium Cut to Equal-Weight at Barclays; PT 23 euros
* Pearson Cut to Reduce at Kepler Cheuvreux (+)
* Prosegur Cut to Neutral at Alantra Equities; PT 2.69 euros (+)
* RBI Cut to Accumulate at Biuro Maklerskie mBanku; PT 18.22 euros
* SEB Cut to Hold at Deutsche Bank; PT 107 kronor
* Storebrand Cut to Neutral at SpareBank; PT 63 kroner
* SSP Cut to Hold at Peel Hunt; PT 375 pence
* Storebrand Cut to Hold at Pareto Securities; PT 65 kroner (+)
* Sunrise Cut to Equal-Weight at Barclays; PT 110 Swiss francs
* Technotrans Cut to Hold at Hauck & Aufhaeuser; PT 27 euros (+)
* Tele2 Cut to Equal-Weight at Barclays; PT 130 kronor
* Total SE Cut to Hold at Berenberg; PT 41 euros
* Wizz Air Cut to Sell at Wood & Company; PT 4,400 pence

>>> Initiation
* Akasol Rated New Overweight at JPMorgan; PT 109 euros
* BAT’s FY Sales Outlook Is ‘Broadly Positive,’ Jefferies Says (+)
* BioMerieux Rated New Overweight at Morgan Stanley; PT 140 euros
* Bunzl Rated New Add at Peel Hunt; PT 2,600 pence
* Cranswick Rated New Sector Perform at RBC; PT 3,900 pence
* DiaSorin Rated New Equal-Weight at Morgan Stanley; PT 171 euros
* Eurofins Scientific Rated New Neutral at Citi; PT 66 euros
* Future PLC Rated New Buy at Shore Capital
* Hilton Food Rated New Sector Perform at RBC; PT 1,040 pence
* Inditex Rated New Neutral at JB Capital Markets; PT 27.50 euros (+)
* KWS Saat Rated New Buy at Stifel; PT 82 euros
* Magnora Rated New Buy at Fearnley; PT 40 kroner
* Prysmian Rated New Buy at Citi; PT 33 euros
* SSP Rated New Hold at Berenberg; PT 335 pence
* Volue Rated New Buy at Pareto Securities; PT 57 kroner

>>> Call
* BAT’s FY Sales Outlook Is ‘Broadly Positive,’ Jefferies Says (+)
* Buy Swedbank and Nordea as Top Picks, Deutsche Bank Says (+)
* There’s Still Some Crude Value Left for Energy Shares: Berenberg (+)
* Avoid Elekta and Straumann in EU Medtech and Services, MS Says
* MTG Shares Seen Trading Higher After Hutch Deal: Handelsbanken
* National Grid Raised to Buy at Citi on New Regulatory Clarity
* Prysmian Has Structural Growth Potential, Initiate at Buy: Citi
* SSP Group Cut as Profit Recovery Will Be Gradual, Peel Hunt Says
* Stagecoach Making 1H Profit Suggests Upside to Consensus: RBC (+)
* Vistry’s Strong Cash Performance Eases Some Risks: Peel Hunt (+)