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

>>> Up
* Aena Raised to Market Perform at Renta 4; PT 199.70 euros (+)
* Bakkavor Raised to Buy at Investec; PT 180 pence (+)
* BMW Raised to Buy at M.M. Warburg; PT 96 euros (+)
* BMW Cut to Reduce at AlphaValue/Baader (++)
* Charter Communications Raised to Neutral at Citi; PT $350
* Epiroc Raised to Neutral at JPMorgan; PT 185 kronor
* Essity Raised to Outperform at BNPP Exane; PT 360 kronor
* JDE Peet's Raised to Neutral at BNPP Exane; PT 22 euros
* Kalray SADIR Cut to Sell at Marex (+)
* Kion Raised to Overweight at JPMorgan; PT 45 euros
* Legrand Raised to Overweight at JPMorgan; PT 115 euros
* Mandatum Raised to Buy at SEB Equities; PT 4.70 euros
* Rotork Raised to Overweight at JPMorgan; PT 370 pence
* Stratec Raised to Buy at Berenberg; PT 50 euros

>>> Down
* 3i Infra Cut to Hold at Stifel (+)
* AstraZeneca Cut to Sell at Nordea; PT 10,986.39 pence
* Elis Cut to Market Perform at Bernstein; PT 21.40 euros (+)
* L'Oreal Cut to Underperform at BNPP Exane; PT 365 euros
* Morgan Stanley Cut to Neutral at Goldman; PT $105
* Novartis Cut to Neutral at BofA (+)
* Pluxee Cut to Neutral at JPMorgan; PT 28 euros
* Sandoz Group Cut to Hold at Berenberg
* STMicroelectronics PT Cut to 31 euros at Banca Akros (+)

>>> Initiation
* ABB Reinstated Hold at Stifel; PT 43 Swiss francs
* AstraZeneca Raised to Add at AlphaValue/Baader (++)
* B&C Speakers Reinstated Buy at Alantra Equities; PT 19.60 euros (++)
* Exsitec Holding Rated New Buy at Nordea; PT 215 kronor
* Novamarine Rated New Buy at TP ICAP Midcap; PT 5.70 euros (+)
* Renk Group Raised to Buy at Deutsche Bank (+)
* Schneider Electric Rated New Buy at Stifel; PT 254 euros
* Siemens Reinstated Buy at Stifel; PT 207 euros
* Ubisoft Cut to Neutral at BNPP Exane; PT 14.50 euros (+)
* Viking Therapeutics Rated New Overweight at JPMorgan; PT $80

>>> Call
* AstraZeneca Growth to Drop ‘Drastically,’ Cut to Sell at Nordea (+)
* Goldman Strategists See Goldilocks Scenario for US Midcaps (++)
* HelloFresh Jumps as CEO Buys Shares; Preferred at Morgan Stanley (++)
* L’Oreal Cut to Underperform at BNPP on View for Sales Downside
* Morgan Stanley Cut to Neutral by Goldman Analysts on IB Outlook
* Sandoz Downgraded to Hold at Berenberg, Further Upside Limited
* Stratec Primed for Inflection, Upgraded to Buy at Berenberg
* Verbio Rises as Outlook Miss Reflected in Correction: Jefferies (++)