>>> Europe : Brokers Upgrades & Downgrades - 11th of January 2022

>>> Up
* EQT Raised to Buy at SEB Equities; PT 488 kronor
* Evolution Raised to Buy at Citi
* Flutter Raised to Buy at Citi
* GN Store Nord Raised to Buy at Carnegie; PT 445 kroner
* James Fisher Raised to Buy at Peel Hunt; PT 550 pence
* J. Martins Raised to Outperform at Bernstein; PT 23 euros
* Lundin Energy Raised to Sector Perform at RBC; PT 365 kronor
* M&G Raised to Outperform at Exane; PT 240 pence
* Micro Focus Raised to Buy at Jefferies; PT 600 pence
* Proximar Seafood Raised to Buy at Norne Securities; PT 9 kroner
* Tesla PT Raised to $1,300 from $1,200 at Morgan Stanley
* Workspace Raised to Hold at Berenberg; PT 850 pence
* Zealand Pharma Raised to Buy at Jefferies; PT 200 kroner

>>> Down
* FDJ Cut to Underweight from EqualWeight at Morgan Stanley, PT 39 euros
* Great Portland Cut to Hold at Berenberg
* Intel Cut to Sector Weight at KeyBanc
* JM Cut to Hold at Carnegie; PT 400 kronor
* Moncler Cut to Underperform at RBC; PT 61 euros
* NatWest Cut to Hold at Jefferies; PT 283 pence
* Nemetschek Cut to Equal-Weight at Barclays; PT 100 euros
* Norsk Hydro Cut to Neutral at SpareBank; PT 75 kroner
* SpareBank 1 Nord Norge Cut to Hold at Arctic Securities
* Sparebank 1 Oestlandet Cut to Hold at Arctic Securities
* Sparebanken More Cut to Hold at Arctic Securities; PT 465 kroner
* Swatch Cut to Underperform at RBC; PT 275 Swiss francs

>>> Initiation
* Biotage Rated New Hold at Handelsbanken; PT 220 kronor
* Capgemini Reinstated Buy at Jefferies; PT 270 euros
* Computacenter Reinstated Buy at Jefferies; PT 4,100 pence
* Daimler Truck Rated New Buy at Stifel; PT 48 euros
* Danaher Rated New Outperform at Bernstein; PT $365
* GE Rated New Outperform at Bernstein; PT $120
* Gigante Salmon Rated New Buy at Norne Securities; PT 9 kroner
* LendInvest Rated New Buy at Panmure Gordon; PT 290 pence
* Rockwell Automation Rated New Outperform at Bernstein; PT $378
* Shop Apotheke Rated New Hold at HSBC; PT 115 euros
* Sinch Rated New Buy at Goldman; PT 150 kronor
* Zur Rose Rated New Reduce at HSBC; PT 195 Swiss francs

>>> Call
* Croda Seen Lacking Its Next Catalyst, Cut to Neutral at Citi
* Flutter, Evolution Raised to Buy at Citi on U.S. Opportunity
* Hyatt Double Upgraded at BofA as Way to Chase Lodging Recovery
* JD.Com Target Cut at Citi on Challenging Macro, Pandemic Impact
* Software Demand Backdrop Continues to Be Strong: Jefferies
* Tesla Appears to Be Expanding Its EV Lead, Morgan Stanley Says