>>> Europe : Brokers Upgrades & Downgrades - 9th of September 2021 V2(+)

>>> Up
* Adyen Raised to Outperform at Exane; PT 3,600 euros
* Banco Santander Raised to Hold at Jefferies; PT 3.10 euros
* Beiersdorf Raised to Buy at Goldman; PT 122 euros
* Boohoo Raised to Outperform at Credit Suisse; PT 350 pence
* CONVATEC RAISED TO OVERWEIGHT AT JPMORGAN, PT 272P
* Genus Cut to Hold at Peel Hunt; PT 5,500 pence (+)
* Grainger Raised to Buy at Peel Hunt; PT 370 pence
* *HAYS RAISED TO OVERWEIGHT AT BARCLAYS, PT 195P (+)
* Holcim Raised to Outperform at Exane; PT 63.50 Swiss francs
* IQE Raised to Speculative Buy at Canaccord; PT 65 pence (+)
* ISS Raised to Hold at Handelsbanken; PT 145 kroner
* Pernod Ricard Raised to Overweight at JPMorgan; PT 225 euros
* SyntheticMR Raised to Buy at Pareto Securities; PT 90 kronor (+)

>>> Down
* Buzzi Unicem Cut to Neutral at Exane; PT 24.50 euros
* Draper Esprit Cut to Hold at Jefferies; PT 1,200 pence
* Henkel Cut to Neutral at Goldman; PT 84 euros
* Norsk Hydro Raised to Buy at SpareBank; PT 75 kroner
* Novatek GDRs Cut to Hold at Renaissance Capital; PT $282.50
* Red Electrica Cut to Sell at UBS
* UBS Group Cut to Market Perform at KBW; PT 16.14 Swiss francs

>>> Initiation
* Aston Martin Rated New Neutral at Oddo BHF; PT 2,000 pence (+)
* Befesa Resumed Neutral at Citi; PT 78 euros
* Carrefour Resumed Buy at SocGen; PT 19.50 euros
* Essity Rated New Reduce at HSBC; PT 235 kronor
* Ferrari Rated New Outperform at Oddo BHF; PT 221 euros (+)
* IntegraFin Rated New Sector Perform at RBC; PT 610 pence
* INWIT Rated New Overweight at JPMorgan; PT 12.50 euros
* Ontex Rated New Hold at HSBC; PT 9 euros
* Vossloh Rated New Hold at Jefferies; PT 53 euros

>>> Call
* Beiersdorf Raised on Turnaround Outlook, Henkel Cut: Goldman (+)
* Boohoo Upgraded at Credit Suisse; Shein Threat Set to Moderate (+)
* Carrefour Investment Case ‘Compelling,’ SocGen Resumes With Buy (+)
* ConvaTec Potential Not Priced In, Raise to Overweight: JPMorgan
* Tower Stocks Still Offer Upside, Cellnex Top Pick: JPMorgan
* Draper Esprit Cut to Hold at Jefferies Following Surge in Shares
* E.On has Long Growth Potential, Key to Green Future: Berenberg
* Genus’s Sales Outlook Hit By Chinese Pork Price Slump: Liberum (+)
* Grainger a Compelling Story With Dividend Upside, Peel Hunt Says
* Pernod Momentum Good and Stock at Discount, JPMorgan Upgrades (+)
* Richemont Regains Shine in Watches, AGM Message Strong: Vontobel (+)
* RWE Is Set for Profitable Future Not Seen in Valuation: Metzler (+)
* Santander Raised at Jefferies With FY21 Expectations Achievable
* Tecan at Start of ‘Growth Offensive,’ Berenberg Hikes PT
* Tod’s 2Q Shows Improvement in Some Channels, Regions: Jefferies
* Wind’s Long-Term Fundamentals Underlined by U.S. Report: Citi