>>> Europe : Brokers Upgradres & Downgrades - 5th of May 2022 V2(+)

>>> Up
* Elis Raised to Overweight at JPMorgan; PT 17 euros
* INWIT Raised to Overweight at Barclays; PT 13 euros (+)
* Maersk Raised to Buy at Nordea; PT 26,000 kroner (+)
* NP3 Fastigheter Raised to Hold at Handelsbanken
* NP3 Fastigheter Raised to Buy at Kepler Cheuvreux; PT 294 kronor (+)
* Ocado Raised to Hold at HSBC; PT 1,000 pence
* Orbis SE Raised to Buy at GSC Research; PT 9.30 euros (+)
* Stillfront Raised to Hold at SEB Equities; PT 20 kronor

>>> Down
* Bahnhof Cut to Hold at Handelsbanken
* HUTCHMED China ADRs Cut to Hold at Deutsche Bank; PT $20
* InPost Cut to Accumulate at Erste Group; PT 8.20 euros
* Kahoot Cut to Hold at Nordea
* Moderna PT Cut to $199 from $217 at Morgan Stanley
* Pandora Cut to Hold at Nordea
* Traton Cut to Hold at SEB Equities; PT 18.37 euros

>>> Initiation
* Gresham House Rated New Corporate at Edison Investment Research
* Siegfried Rated New Sell at Stifel; PT 503 Swiss francs

>>> Call
* Bernstein Strategists See Dollar Strength as Positive for Europe (+)
* BMW Posted Solid 1Q Margin Beat, Guidance Confirmed: Jefferies (+)
* U.S. Utility Bills Could Jump 40% on Energy Rally, Barclays Says
* Coinbase Price Target Cut at Mizuho on ‘Meager’ Trading Volume
* Glanbia’s Strong Start to Year Brings ‘Comfort,’ Goodbody Says 9+)
* Lanxess 1Q Beat Driven by Specialty Additives: Jefferies (+)
* Legrand Has Strong 1Q Beat, Consensus Could Move Up, Citi Says
* Next’s Maintained Guidance Should Provide Reassurance: Jefferies (+)
* Zalando Outlook Reflects ‘Increasingly Volatile’ Market: RBC (+)