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

>>> Up

* ABN Amro GDRs Raised to Neutral at JPMorgan; PT 15.30 euros

* Alten Raised to Outperform at BNPP Exane; PT 115 euros

* Commerzbank Raised to Overweight at JPMorgan; PT 17.20 euros

* Derwent London Raised to Outperform at Bernstein

* Equinor Raised to Hold at Berenberg
* HIAG Immobilien Raised to Buy at Baader Helvea

* Icade Raised to Outperform at Bernstein

* Land Sec. Raised to Outperform at Bernstein

* Sage Raised to Outperform at BNPP Exane; PT 1,200 pence

* TAG Immobilien Raised to Outperform at Bernstein

* TeamViewer Raised to Neutral at BNPP Exane; PT 13 euros

* Veolia PT Raised to 45.30 euros from 43.40 euros at Oddo BHF

>>> Down

* Air France-KLM Cut to Add at AlphaValue/Baader

* Antin Cut to Neutral at Citi; PT 14.30 euros
* Ionos Cut to Neutral at BNPP Exane; PT 27 euros

* Planisware Cut to Underperform at BNPP Exane; PT 23 euros

* WDP Cut to Underperform at Bernstein

>>> Initiation
* GlobalData Rated New Buy at Berenberg; PT 295 pence

* Kongsberg Automotive Reinstated Buy at ABG; PT 2 kroner

* Lime Technologies Rated New Buy at Nordea; PT 405 kronor

* RELX Rated New Buy at ING; PT 4,309.40 pence

* Safran Started at Outperform by RBC, Target Started at EUR240

>>> Call

* Avanza Concerns Overdone, Citi Opens Upside Catalyst Watch

* GlobalData New Buy at Berenberg, Has Multiple Growth Levers

* Safran New Outperform at RBC on Continued Aftermarket Strength

* Veolia PT Boosted to Street-High at Oddo BHF on Growth Strategy