>>> Europe : Brokers Upgrades & Downgrades - 11th of June 2026 V2(+)

>>> Up
* Allianz PT Raised to 684 euros from 504 euros at Berenberg
* AXA PT Raised to 77.10 euros from 57.40 euros at Berenberg
* Banca Generali Raised to Buy at Jefferies; PT 70 euros
* Belimo Raised to Overweight at Morgan Stanley
* Boohoo Raised to Buy at Shore Capital (+)
* Corbion Raised to Buy at Berenberg; PT 24 euros
* Enphase Energy PT Raised to $64 from $41 at Jefferies
* Generali PT Raised to 71 euros from 45.40 euros at Berenberg
* Halma Raised to Outperform at BNP Paribas; PT 4,550 pence
* SoftwareONE Raised to Outperform at BNP Paribas
* Zurich Ins. PT Raised to 902 Swiss francs at Berenberg

>>> Down
* Aberdeen Group Cut to Neutral at Goldman; PT 250 pence
* Accenture Cut to Equal-Weight at Morgan Stanley; PT $177
* AJ Bell Cut to Sell at Goldman; PT 555 pence
* AT&S Raised to Neutral at Oddo BHF; PT 160 euros
* B&M European Cut to Hold at Shore Capital; PT 215 pence (+)
* Caesars Entertainment Cut to Hold at Stifel; PT $31
* DWS Cut to Sell at Goldman; PT 57 euros
* LPP Cut to Underweight at JPMorgan; PT 18,000 zloty
* MGM Resorts Cut to Hold at Stifel; PT $49
* Rio Tinto Cut to Neutral at Macquarie
* Roku Cut to Neutral at Baird; PT $160
* Softcat Cut to Neutral at Citi; PT 1,950 pence
* Soitec Cut to Sell at UBS; PT 85 euros
* Taylor Wimpey Cut to Underweight at JPMorgan; PT 70 pence
* Telia Cut to Sell at Berenberg; PT 40 kronor
* UCB Cut to Equal-Weight at Barclays; PT 300 euros
* Vistry Group Cut to Underweight at JPMorgan; PT 210 pence

>>> Initiation
* DuPont de Nemours Reinstated Neutral at Goldman; PT $53
* Esco Tech Rated New Overweight at JPMorgan; PT $420
* GEA Group Reinstated Neutral at Goldman; PT 56 euros
* Ralph Lauren Reinstated Buy at William O'Neil

>>> Call
* Allianz, AXA, Generali, Zurich Get Huge PT Boosts at Berenberg
* Belimo Upgraded at Morgan Stanley on Rapid Data Center Growth
* Corbion Upgraded to Buy at Berenberg on Fish Oil, Deal Hopes (+)
* Ferrari De-Rating Too Steep, Morgan Stanley Moves to Overweight
* Taylor Wimpey, Vistry Downgraded at JPM on Earnings Risks (+)
* Telia Cut to Sell at Berenberg as Recent Improvements Priced In (+)