>>> Europe : Brokers Upgrades & Downgrades - 12th of February 2024 V3(++)

>>> Up
* Adyen Raised to Reduce at AlphaValue/Baader
* Carlsberg Raised to Neutral at UBS; PT 990 kroner (++)
* Cass Information Raised to Overweight at Piper Sandler; PT $51
* Finnair Raised to Accumulate at Inderes; PT 5 euro cents
* Hexatronic Raised to Buy at Danske Bank Markets; PT 45 kronor (++)
* Jupiter Raised to Neutral at BNPP Exane; PT 81 pence (+)
* Kemira Raised to Accumulate at Inderes; PT 19 euros
* Lloyds Raised to Market Perform at KBW; PT 50 pence
* Nexans PT Raised to 108 euros from 98 euros at Berenberg
* Proximar Seafood Raised to Buy at Pareto Securities; PT 4 kroner
* Renishaw Raised to Buy at UBS; PT 5,000 pence (++)
* Rockwool Raised to Buy at HSBC; PT 2,600 kroner
* Saab PT Raised to 800 kronor from 675 kronor at Carnegie (++)
* Siemens Energy Raised to Outperform at Grupo Santander (+)
* Siemens Energy Raised to Buy at BofA (++)
* Standard Chartered Raised to Market Perform at KBW; PT 790 pence
* Sweco Raised to Hold at ABG; PT 110 kronor
* Teva ADRs Raised to Overweight at Piper Sandler; PT $19
* Yara Raised to Buy at Nordea; PT 400 kroner

>>> Down
* Aker BP Cut to Hold at Berenberg; PT 270 kroner
* BP Cut to Reduce at AlphaValue/Baader
* EMS-Chemie Cut to Hold at Mirabaud Securities (+)
* Endomines Finland Cut to Sell at Inderes; PT 5.20 euros
* Hoegh Autoliners Cut to Neutral at Clarksons; PT 125 kroner
* HSBC Cut to Underperform at KBW; PT 700 pence
* Kemira Cut to Accumulate at OP Corporate Bank; PT 19 euros (++)
* Kongsberg Cut to Neutral at SpareBank; PT 630 kroner
* NatWest Cut to Underperform at KBW; PT 230 pence
* Odfjell Cut to Hold at Fearnley; PT 155 kroner (+)
* Orsted Cut to Neutral at Redburn; PT 400 kroner
* Phoenix Mecano Cut to Hold at Research Partners (+)
* Revenio Cut to Hold at Nordea
* Thule Cut to Hold at Carnegie (++)
* UnipolSai Cut to Reduce at Kepler Cheuvreux; PT 2.30 euros (++)
* Visiativ Cut to Neutral at Oddo BHF (+)

>>> Initiation
* Deliveroo Rated New Buy at Deutsche Bank; PT 180 pence
* Intertek Reinstated Neutral at BofA; PT 4,700 pence (+)
* Palmer Square Capital BDC Rated New Overweight at JPMorgan
* Pluxee France Rated New Overweight at JPMorgan; PT 33.50 euros
* Richemont Rated New Hold at Research Partners (+)
* SGS Reinstated Buy at BofA; PT 94 Swiss francs (+)
* Whitestone Group Rated New Buy at KBC Securities; PT 13.70 euros (++)

>>> Call
* Aker BP Downgraded to Hold at Berenberg as Outlook Weakens
* EU Tech Stocks' 2024 EPS Dragged by Lower Capex, High Inventory
* Hershey Gets Only Sell as Morgan Stanley Sees Risks to Outlook
* JPMorgan’s Matejka Says UK Stocks Trading at a Record Discount (+)
* Morgan Stanley’s Wilson Says Operational Efficiency Is in Focus
* Sweco Raised to Hold at ABG, Results Not as Bad as They Looked
* Thule Extends Gains on PT Hikes; Shakes Off Carnegie Downgrade (++)