UPGRADES
Adecco S.A. (AHEXY)
Brokerage Firm: Morgan Stanley | Action: Upgrade | Ratings Change: Equal-Weight » Overweight | Price Tgt: —
Banco Bilbao Vizcaya Argentaria (BBVA)
Brokerage Firm: BofA Securities | Action: Upgrade | Ratings Change: Underperform » Neutral | Price Tgt: —
Diageo plc (DEO)
Brokerage Firm: Morgan Stanley | Action: Upgrade | Ratings Change: Equal-Weight » Overweight | Price Tgt: —
Pernod-Ricard (PDRDY)
Brokerage Firm: Morgan Stanley | Action: Upgrade | Ratings Change: Equal-Weight » Overweight | Price Tgt: —
COVERAGE INITIATED
LeGrand SA (LGRDY)
Brokerage Firm: Barclays | Action: Initiated | Ratings Change: Overweight | Price Tgt: —
REITERATED/PRICE TARGET CHANGED
NIO (NIO)
Brokerage Firm: BofA Securities | Action: Reiterated | Ratings Change: Buy | Price Tgt: $54.70