>>> Europe : Brokers Upgrades & Downgrades - 13th of October 2021 V2(+)

>>> Up

* Balder Raised to Buy at Carnegie; PT 610 kronor

* DKSH Raised to Outperform at ZKB (+)

* Elior Group PT Raised to 8.50 euros at Deutsche Bank

* Hiscox Raised to Add at Peel Hunt; PT 925 pence

* Voestalpine Raised to Overweight at JPMorgan; PT 41 euros
* Wihlborgs Raised to Buy at Carnegie; PT 205 kronor

>>> Down

* BT Cut to Reduce at HSBC; PT 125 pence

* Equinor Cut to Hold at Deutsche Bank; PT 210 kroner

* Erste Cut to Neutral at Exane; PT 41.50 euros
* Griffin Mining Cut to Hold at Panmure Gordon; PT 178 pence

* Melexis Cut to Neutral at JPMorgan; PT 100 euros

* Pexip Cut to Hold at Carnegie; PT 65 kroner

* RHI Magnesita Cut to Sector Perform at RBC; PT 3,700 pence

* Salzgitter Cut to Neutral at JPMorgan; PT 34 euros

* Senior Cut to Sell at Panmure Gordon; PT 158 pence

* Sodexo Cut to Underperform at Exane; PT 75 euros

* Zooplus Cut to Neutral at Credit Suisse; PT 470 euros

>>> Initiation

* Baltic Classifieds Group Rated New Buy at Peel Hunt

* Compleo Charging Solutions Rated New Buy at Berenberg

* Compleo Charging Solutions Rated New Buy at Quirin Privatbank AG

* DuPont de Nemours Rated New Buy at Mizuho Securities; PT $94

* UMG Rated New Hold at HSBC; PT 26 euros
* Vitesco Rated New Hold at HSBC; PT 55.50 euros

>>> Call

* Benchmark Holdings Rated New Buy at Investec; PT 67 pence (+)

* BT Downgraded by HSBC on Looming Wholesale Broadband Challenges (+)

* Compleo Is Beneficiary of EV Transition, New Buy at Berenberg

* ElringKlinger’s Raised Outlook Still Leaves Room to Maneuver: DB (+)

* Hiscox Upgraded at Peel Hunt on Wholesale Underwriting Support
* LVMH’s 3Q Sales Beat Should Support Stock Price Gains: Bernstein

* LVMH’s 3Q Results Are Reassuring, Show ‘Consistency’: Jefferies (+)

* Stainless Steel Favored at JPMorgan, Voestalpine Double-Upgraded (+)

* U.K. Bank Estimates Raised at Citi on Base-Rate Hike Benefits