>>> Europe : Upgrades & Downgrades - 16th of June 2021

>>> Up
* Aareal Bank Raised to Buy at HSBC; PT 28 euros
* BBVA Raised to Buy at SocGen; PT 6 euros
* Beiersdorf Raised to Buy at Jefferies; PT 120 euros
* Intrum Raised to Overweight at JPMorgan; PT 330 kronor
* Wartsila Raised to Outperform at RBC; PT 15 euros

>>> Downgrade
* doValue SpA Cut to Neutral at JPMorgan; PT 11.80 euros
* Italgas Cut to Hold at Stifel; PT 5.95 euros
* Jumbo Cut to Hold at HSBC; PT 17 euros
* MorphoSys Cut to Hold at LBBW; PT 70 euros
* Nokia Cut to Hold at LBBW; PT 4.50 euros
* Sparebank 1 Ostfold Akershus Cut to Hold at Arctic Securities

>>> Initiation
* Andfjord Salmon Rated New Buy at Norne Securities; PT 65 kroner
* Atlantic Sapphire ASA Rated New Hold at Norne Securities
* DNB Reinstated Hold at Arctic Securities; PT 187 kroner
* Endeavour Mining Rated New Overweight at Barclays
* Hemnet Rated New Equal-Weight at Barclays; PT 190 kronor
* Hemnet Rated New Neutral at Citi; PT 195 kronor
* Nordic Aqua Partners Rated New Hold at Norne Securities
* Proximar Seafood Rated New Hold at Norne Securities
* Prysmian Rated New Buy at Stifel; PT 36.80 euros
* Salmon Evolution Rated New Buy at Norne Securities; PT 9 kroner

>>> Call
* 15 Stocks to Watch Under Biden's $1.7 Trillion Climate Plan
* 15 U.S. Green Recovery Companies With Underappreciated Prospects
* Beiersdorf Raised at Jefferies, Scope for Positive FY21 Surprise
* Hemnet Unique, But Fairly Valued, Gets New Neutral at Citi
* HSBC Upgraded to Buy at Citi on ‘Underappreciated’ Wealth Unit
* Wartsila Double-Upgraded at RBC on Sharp Marine Recovery