>>> Europe : Brokers Upgrades & Downgrades - 13th of June 2025

>>> Up
* DocMorris Raised to Buy at Octavian; PT 20 Swiss francs
* Intrum Raised to Neutral at JPMorgan; PT 45 kronor

>>> Down
* AFRY Cut to Hold at Pareto Securities; PT 170 kronor
* AQ Group Cut to Hold at Pareto Securities; PT 190 kronor
* Clas Ohlson Cut to Hold at Pareto Securities; PT 310 kronor
* CrowdFundMe Cut to Neutral at Corporate Family Office
* LyondellBasell Cut to Sell at CFRA
* Mitie Cut to Hold at Jefferies; PT 145 pence
* Soitec Cut to Hold at Jefferies; PT 50 euros
* Tim Brasil ADRs Cut to Hold at HSBC; PT $19.50
* Voestalpine Cut to Accumulate at Erste Group; PT 26.50 euros

>>> Initiation
* Air Products Rated New Outperform at RBC; PT $355
* Chevron Rated New Buy at Punto Casa de Bolsa; PT $165.58
* Linde Rated New Outperform at RBC; PT $576

>>> Call