>>> Europe : Brokers Upgrades & Downgrades - 11th of April 2022 V2(+)

>>> Up
* Adevinta Raised to Buy at Goldman; PT 118.50 kroner
* Aixtron Up to Outperform at Exane BNP on MicroLED Opportunity
* Ediliziacrobatica Raised to Buy at Intesa Sanpaolo (+)
* Nexans Raised to Add at AlphaValue/Baader
* Schibsted Raised to Buy at Goldman; PT 326.90 kroner
* Schlumberger NV Raised to Overweight at Piper Sandler; PT $55
* TGS Raised to Buy at SEB Equities; PT 175 kroner

>>> Down
* AMS cut to Neutral from Outperfotm at Exane (+)
* Encavis Cut to Equal-Weight at Barclays; PT 19 euros
* Metro Bank Cut to Hold at Investec; PT 105 pence (+)
* Nvidia Cut to Neutral at Baird; PT $225 (+)
* Polytec Holding Cut to Hold at M.M. Warburg; PT 7.50 euros (+)
* ProSieben Cut to Neutral at Goldman; PT 13.10 euros
* RTL Cut to Neutral at Goldman; PT 60.74 euros
* Stroeer Cut to Sell at Goldman; PT 62.10 euros
* WPP Cut to Neutral at Goldman; PT 1,235 pence

>>> Initiation
* Kraft Bank Rated New Buy at SpareBank; PT 13 kroner
* Medartis Resumed Market Perform at ZKB (+)
* Patrizia Rated New Buy at Bankhaus Metzler; PT 21.10 euros (+)
* Richemont Started at Buy by Jefferies, Target Started at CHF140 by Jefferies
* Tinybuild Rated New Add at Numis; PT 210 pence

>>> Call
* AG Barr Raised at Berenberg on ‘Underappreciated Transformation’
* Airbus 1Q Deliveries in Line, Orders ‘Solid,’ Jefferies Says (+)
* Aixtron Up to Outperform at Exane BNP on MicroLED Opportunity
* Goldman Strategists See Risks to European Margins, Revenues
* Omer-Decugis Rated New Buy at Stifel; PT 10.50 euros (+)
* Richemont a New Buy at Jefferies With Cartier Still the Standout
* Sainsbury Up to Buy on Resilient U.K. Consumers, Jefferies Says
* Citi Stays Cautious on Fintech, Sees Near-Term Risks at Temenos
* Wood Raised to Hold at Jefferies on Upcoming Major Catalysts