>>> Europe : Brokers Upgrades & Downgrades - 12th of June 2024

>>> Up
* Credit Agricole Raised to Buy at Jefferies; PT 21.60 euros
* Exel Composites Raised to Accumulate at Inderes
* Fnac Darty Raised to Neutral at Oddo BHF
* KGHM Raised to Neutral at JPMorgan; PT 140 zloty
* Saipem Raised to Add at AlphaValue/Baader

>>> Down
* Birkenstock Cut to Neutral at Goldman; PT $58
* Gofore Cut to Reduce at Inderes; PT 26 euros
* Greenvolt Cut to Neutral at Oddo BHF
* Paramount Global Cut to Underweight at Wells Fargo; PT $9

>>> Initiation
* AMD Rated New Buy at Edward Jones
* Arverne Group Rated New Outperform at Oddo BHF; PT 9 euros
* St James's Place Reinstated Buy at Peel Hunt; PT 750 pence

>>> Call
* Credit Agricole Raised at Jefferies on Pullback in French Banks