>>> Europe : Brokers Upgrades & Downgrades - 11th of October 2024

>>> Up
* ADP Raised to Overweight at JPMorgan; PT 150 euros
* Athens Intnl Airport Raised to Hold at Kepler Cheuvreux
* GVS Raised to Neutral at Goldman; PT 7 euros
* Italgas Raised to Outperform at Grupo Santander; PT 6.30 euros
* Siemens Energy Raised to Neutral at JPMorgan; PT 32.80 euros

>>> Down
* Aena Cut to Neutral at JPMorgan; PT 213 euros
* ArcelorMittal Cut to Neutral at JPMorgan; PT 21 euros
* BASF Cut to Neutral at JPMorgan; PT 52 euros
* Ceres Power Cut to Neutral at Goldman; PT 296 pence
* Credit Agricole Cut to Neutral at Citi; PT 15.50 euros
* Mobileye Cut to Neutral at Mizuho Securities on Growth Concerns
* PostNL Cut to Hold at ING; PT 1.20 euros
* Revenio Cut to Sell at Nordea; PT 6.70 euros
* Salzgitter Cut to Underweight at JPMorgan; PT 11.50 euros
* Thales Cut to Hold at Berenberg; PT 165 euros
* Trifork Group Cut to Hold at ABG; PT 105 kroner
* Vistry Group Cut to Neutral at JPMorgan; PT 970 pence
* Walgreens Boots PT Cut to $7 from $9 at Morgan Stanley

>>> Initiation
* Alphabet Rated New Sector Outperform at Scotiabank
* Meta Platforms Rated New Sector Perform at Scotiabank

>>> Call
* Morgan Stanley’s Wilson Says ‘It’s a Great Stock-Picking Market’
* Stellantis Management Changes Add Further Uncertanty, RBC Says
* Thales Downgraded at Berenberg on Challenges in Space Unit