>>> Europe : Brokers Upgrades & Downgrades - 11th of May 2023 V2(+)

>>> Up
* Autoliv Raised to Buy at Kepler Cheuvreux; PT $105 (+)
* Bakkafrost Raised to Buy at Arctic Securities; PT 800 kroner
* Diploma Raised to Buy at Jefferies; PT 3,150 pence
* L'Oreal PT Raised to 350 euros from 296 euros at Jefferies
* Neobo Fastigheter Raised to Buy at Kepler Cheuvreux (+)
* Sobi Raised to Buy at Kepler Cheuvreux; PT 245 kronor (+)
* Sopra Steria Raised to Buy at AlphaValue/Baader; PT 252 euros

>>> Down
* Ahold Delhaize Cut to Hold at HSBC; PT 33 euros
* Bridgepoint Cut to Underweight at JPMorgan; PT 224 pence
* Demant Cut to Hold at SEB Equities; PT 325 kroner
* E.On Cut to Hold at DZ Bank; PT 12.80 euros (+)
* Gofore Raised to Buy at Inderes; PT 31 euros
* HighCo Cut to Neutral at Oddo BHF; PT 5.70 euros
* Marshalls Cut to Sell at Shore Capital (+)
* Outokumpu Cut to Hold at SEB Equities; PT 6 euros

>>> Initiation
* Demant Maintained at Buy at SEB Equities; PT 325 kroner

>>> Call
* Diploma Upgraded to Buy at Jefferies on Capacity For M&A
* Elis Delivers Strong First-Quarter Growth, Morgan Stanley Says
* ITV 2Q Ad Revenue Under Pressure After In-Line 1Q: Credit Suisse (+)
* SMA Solar Results Beat Across The Board, Jefferies Says (+)