>>> Europe : Brokers Upgrades & Downgrades - 13th of June 2022

>>> Up
* Aker BP Raised to Hold at Berenberg; PT 390 kroner
* Jadestone Energy Raised to Buy at Berenberg; PT 140 pence
* JPMorgan European Growth & Income Raised to Buy at Investec
* Orange Raised to Outperform at Bernstein; PT 13 euros
* Rolls-Royce Raised to Overweight at Morgan Stanley; PT 118 pence
* Scandic Raised to Hold at SEB Equities; PT 45 kronor
* Tesla Raised to Outperform at RBC; PT $1,100
* Tritax Big Box Raised to Buy at Numis; PT 285 pence

>>> Down
* Gulf Keystone Cut to Hold at Berenberg; PT 300 pence
* Kosmos Energy Cut to Hold at Berenberg; PT 670 pence
* LondonMetric Cut to Hold at Numis; PT 300 pence
* Maisons du Monde Cut to Hold at SocGen; PT 12.40 euros
* TAG Immobilien Cut to Underweight at Barclays; PT 16 euros

>>> Initiation
* Demant Reinstated Equal-Weight at Morgan Stanley; PT 319 kroner
* GN Store Nord Reinstated Equal-Weight at Morgan Stanley
* Helios Underwriting Rated New Hold at Jefferies; PT 154 pence
* Rheinmetall Reinstated Buy at Goldman; PT 298 euros
* Saab Reinstated Sell at Goldman; PT 352 kronor
* Shell Rated New Outperform at Bernstein; PT 3,100 pence
* Thales Reinstated Buy at Goldman; PT 146 euros

>>> Call
* European Oil & Gas Stocks Still Have Room to Run, Berenberg Says
* Rolls-Royce Shares Clearly Mispriced, Morgan Stanley Upgrades