>>> Europe : Brokers Upgrades & Downgrades - 12th of June 2024 V2(+)

>>> 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
* GB Group Raised to Buy at Canaccord; PT 455 pence (+)
* Howden Joinery PT Raised to 1,210 pence at Deutsche Bank (+)
* KGHM Raised to Neutral at JPMorgan; PT 140 zloty
* Oxford Instruments PT Raised to 3,000 pence at Deutsche Bank (+)
* Saipem Raised to Add at AlphaValue/Baader

>>> Down
* BBVA Cut to Underperform at BNPP Exane; PT 9.40 euros (+)
* 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
* Heidelberg Materials Re-Initiated Buy at Bankhaus Metzler (+)
* St James's Place Reinstated Buy at Peel Hunt; PT 750 pence

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