>>> Europe : Brokers Upgrades & Downgrades - 11th of October 2021

>>> Up
* Erste PT Raised to 49 euros from 42 euros at Morgan Stanley
* Hargreaves Lansdown Raised to Equal-Weight at Morgan Stanley
* Outokumpu Raised to Hold at Jefferies; PT 5.50 euros
* Veolia Raised to Buy at AlphaValue/Baader

>>> Down
* Britvic Cut to Sector Perform at RBC; PT 870 pence
* CARLSBERG DOWNGRADED TO HOLD VS BUY AT HSBC
* Danone Cut to Hold at HSBC
* Exxon Cut to Underperform at Exane; PT $60
* KBC Group Cut to Neutral at JPMorgan; PT 85 euros
* Repsol Cut to Underperform at Exane; PT 11.50 euros
* Sabadell Cut to Underweight at Morgan Stanley; PT 67 euro cents
* TeamViewer Cut to Equal-Weight at Morgan Stanley; PT 18.50 euros
* Volution Cut to Add at Peel Hunt; PT 510 pence

>>> Initiation
* Agilyx Rated New Buy at Arctic Securities; PT 62 kroner
* Dunelm Rated New Buy at Berenberg; PT 1,620 pence
* Kingfisher Rated New Hold at Berenberg; PT 370 pence
* Melia Hotels Reinstated Sell at Intermoney Valores
* NOS Rated New Hold at Intermoney Valores; PT 4 euros
* Victorian Plumbing Group Rated New Buy at Berenberg
* Wickes Rated New Buy at Berenberg; PT 280 pence

>>> Call
* Dunelm, Wickes Among Buys in Home and Living Sector: Berenberg
* Sabadell Downgraded at Morgan Stanley, Consensus Too Optimistic
* TeamViewer Needs Clarity, Cut to Equal-Weight at Morgan Stanley
* U.S. Bank Stocks May Be Too Hot With Earnings Season Nearing