>>> Europe : Brokers Upgrades & Downgrades - 11th of October 2024 V3(++)

>>> Up
* ADP Raised to Overweight at JPMorgan; PT 150 euros
* Athens Intnl Airport Raised to Hold at Kepler Cheuvreux
* Barratt Redrow PLC Raised to Buy at Stifel; PT 540 pence (+)
* BPER Banca Raised to Buy at Equita; PT 7.60 euros (++)
* Crest Nicholson Raised to Buy at Stifel; PT 215 pence (+)
* Givaudan PT Raised to 4,950 Swiss francs at Bank Vontobel (+)
* 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
* Troax Raised to Buy at Carnegie (++)

>>> 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
* General Motors Cut to Hold at DZ Bank; PT $49 (+)
* Lanxess Cut to Underweight at JPMorgan (+)
* M6 Cut to Hold at Kepler Cheuvreux; PT 14 euros (++)
* Mersen Cut to Add at IDMidcaps; PT 32 euros (+)
* Mobileye Cut to Neutral at Mizuho Securities on Growth Concerns
* PostNL Cut to Hold at ING; PT 1.20 euros
* Repsol Cut to Hold at DZ Bank; PT 13.10 euros
* Revenio Cut to Sell at Nordea; PT 28.50 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
* Vistry Group Cut to Hold at Stifel; PT 950 pence (+)
* Walgreens Boots PT Cut to $7 from $9 at Morgan Stanley

>>> Initiation
* Alphabet Rated New Sector Outperform at Scotiabank
* CTS Eventim Rated New Buy at Deutsche Bank; PT 114 euros (+)
* Meta Platforms Rated New Sector Perform at Scotiabank
* Spar Nord Rated New Buy at Carnegie; PT 146 kroner (++)

>>> Call
* Tax Hike Is Negative Signal for French Equities: Oddo BHF (++)
* ADP Raised, Aena Cut as JPMorgan Switches Top Pick in Airports (++)
* CAB Payments Could See Re-Rating After StoneX Offer: Peel Hunt (+)
* Goldman’s Hammond Sees Earnings Driving AI Infrastructure Stocks (+)
* Morgan Stanley’s Wilson Says ‘It’s a Great Stock-Picking Market’
* Revenio Drops as Nordea Cuts View to Sell on Poor Risk/Reward (++)
* Stellantis Management Changes Add Further Uncertanty, RBC Says
* Thales Downgraded at Berenberg on Challenges in Space Unit