>>> Europe : Brokers Upgrades & Downgrades - 14th of Aug 2026

>>> Up
* Autostore Raised to Buy at Deutsche Bank; PT 20 kroner
* Didi Global ADRs Raised to Outperform at Macquarie; PT $5
* Gym Group PLC/The PT Raised to 295 pence at Berenberg
* Maersk Raised to Hold at Nordea
* Michael Page PLC Raised to Buy at UBS; PT 235 pence
* Netcompany Raised to Buy at Handelsbanken; PT 385 kroner
* OVB Holding Raised to Accumulate at SRC Research; PT 22 euros

>>> Down
* Bioretec Cut to Reduce at Inderes; PT 2 euro cents
* Clas Ohlson Cut to Hold at SEB Equities; PT 435 kronor
* Douglas Cut to Sell at Goldman; PT 7 euros
* Ignitis Grupe Cut to Accumulate at Erste Group; PT 26.50 euros
* Interparfums Cut to Hold at Berenberg; PT $130
* PolyPeptide Group Cut to Equal-Weight at Barclays
* Mandatum Cut to Hold at SEB Equities; PT 6.50 euros
* Valmet Cut to Hold at SEB Equities; PT 30 euros
* Vonovia Cut to Hold at ING; PT 22.50 euros

>>> Initiation
* Holmen Rated New Neutral at SB1 Markets; PT 340 kronor
* Electrolux Professional Rated New Buy at SB1 Markets
* Vestas Reinstated Buy at William O'Neil

>>> Call
* Clariant Gets Street-High PT at JPMorgan on Re-Rating Potential
* Syensqo Set-Up Materially Improved, JPMorgan Sets Street-High PT