>>> Europe : Brokers Upgrades & Downgrades - 12th of August 2025

>>> Up
* Barrick Mining Raised to Outperform at CIBC; PT C$41.35
* Palo Alto Networks Raised to Overweight at Piper Sandler
* Prosus Raised to Add at AlphaValue/Baader
* Ralph Lauren Raised to Hold at CFRA; PT $250
* Repsol Raised to Overweight at JPMorgan; PT 15.50 euros
* Sartorius Raised to Buy at Jefferies; PT 263 euros
* Technip Energies Raised to Add at AlphaValue/Baader

>>> Down
* Avolta Cut to Hold at Octavian; PT 47 Swiss francs
* C3.ai PT Cut to $30 from $50 at Citizens
* Domino's Pizza Group Cut to Hold at Shore Capital
* Endomines Finland Cut to Sell at Inderes; PT 24 euros
* Equinor Cut to Underweight at JPMorgan; PT 240 kroner
* Legal & General PT Cut to 200 pence from 220 pence at RBC
* NN Group Cut to Neutral at UBS
* Orsted Cut to Sell at Arctic Securities; PT 180 kroner

>>> Initiation
* Hemnet Rated New Neutral at Cantor; PT 231 kronor
* Solvay ADRs Rated New Neutral at BNPP Exane; PT $3.10

>>> Call