>>> Europe : Brokers Upgrades & Downgrades - 12th of October 202

>>> Up
* Altice Europe Raised to Equal-Weight at Barclays; PT 4.11 euros
* Daimler Raised to Buy at Goldman; PT 60 euros
* Eiffage Raised to Buy at SocGen; PT 95 euros
* Iberdrola Raised to Buy at HSBC; PT 12.20 euros
* Kojamo Raised to Buy at Kempen & Co; PT 21 euros
* Konecranes Raised to Neutral at Goldman; PT 28 euros
* LondonMetric Raised to Neutral at Kempen & Co; PT 235 pence
* SocGen Raised to Buy at Jefferies; PT 17.60 euros
* VGP NV Raised to Buy at Kempen & Co; PT 130 euros
* Wartsila Raised to Buy at SEB Equities; PT 9 euros
* Workspace Raised to Neutral at Kempen & Co; PT 610 pence

>>> Down
* Aeroports de Paris Cut to Add at AlphaValue
* Catena Cut to Neutral at Kempen & Co; PT 400 kronor
* Montea Cut to Sell at Kempen & Co; PT 95 euros
* Orsted Cut to Hold at HSBC; PT 1,010 kroner
* Pan African Cut to Underweight at Nedbank CIB; PT 27.97 pence
* Segro Cut to Neutral at Kempen & Co; PT 980 pence
* Stroeer Cut to Underweight at Barclays; PT 68 euros
* Xior Student Housing Cut to Sell at Kempen & Co; PT 51 euros

>>> Initiation
* Argan Rated New Neutral at Kempen & Co; PT 85 euros
* Intervest Offices Reinstated Buy at Kempen & Co; PT 25 euros
* Knights Rated New Sell at Investec; PT 320 pence
* Oht Rated New Buy at Pareto Securities; PT 30 kroner
* VIB Vermoegen Rated New Buy at Kempen & Co; PT 33 euros
* Zignago Vetro Rated New Buy at Berenberg; PT 16.50 euros

>>> Call
* Buy U.K. Banks as Valuations Below Financial-Crisis Levels: Citi
* Berenberg Switches Up ESG Picks List, Adding Nestle and Orsted
* Disappointing Cash-Rich Firms Have Room to Recover: Bernstein