>>> Europe : Brokers Upgrades & Downgrades - 11th of March 2025

>>> Up
* ABB Raised to Buy at ABG; PT 53.88 Swiss francs
* Amazon Raised to Strong Buy at CFRA With Selloff an Opportunity
* Breedon Group Raised to Buy at Peel Hunt; PT 565 pence
* Carl Zeiss Meditec Raised to Buy at Goldman; PT 74 euros
* Genmab ADRs Raised to Outperform at William Blair
* Metro Bank Raised to Buy at Peel Hunt; PT 125 pence
* Prysmian Raised to Buy at UBS
* Spotify Raised to Neutral at Redburn; PT $545
* Technip Energies Raised to Add at AlphaValue/Baader
* U-blox Raised to Buy at Stifel; PT 100 Swiss francs
* Unity Software Raised to Market Outperform at Citizens; PT $30

>>> Down
* BASF Cut to Reduce at Baader Helvea; PT 50 euros
* Carlsberg Cut to Hold at Jyske Bank; PT 1,000 kroner
* Genmab ADRs PT Cut to $45 from $50 at Stifel
* Genmab Cut to Hold at Sydbank
* Lindt & Spruengli Cut to Hold at Stifel; PT 11,800 Swiss francs
* Lloyds Cut to Market Perform at KBW; PT 75 pence
* Norva24 Group Cut to Hold at SEB Equities; PT 36.50 kronor
* Saint-Gobain Cut to Sell at DZ Bank; PT 90 euros
* Technip Energies Cut to Neutral at Citi; PT 31.50 euros

>>> Initiation
* Glencore Rated New Buy at Berenberg; PT 380 pence

>>> Call
* Morgan Stanley Keeps Brenntag at Equal-weight Ahead of FY24 Results