>>> Europe : Brokers Upgrades & Downgrades - 14th of February 2023 V2(+)

>>> Up
* Borr Drilling Raised to Inline at Evercore ISI; PT 101.05 kroner
* Castellum Raised to Hold at Handelsbanken
* Elekta Raised to Buy at AlphaValue/Baader
* Equinor Raised to Neutral at Exane; PT 360 kroner
* Expedia PT Raised to $125 from $104 at Argus
* L'Oreal ADRs PT Raised to $93 from $80 at Argus

>>> Down
* Bidstack Group Cut to Hold at Stifel; PT 1.80 pence (+)
* Humana Cut to Hold at DNB Markets; PT 17 kronor
* InPost Cut to Accumulate at Erste Group; PT 10 euros
* Norcod Cut to Hold at SpareBank; PT 60 kroner
* Prosegur Cash Cut to Sell at Alantra Equities; PT 73 euro cents (+)
* Randstad Cut to Hold at KBC Securities (+)
* Rathbones Group Cut to Hold at Investec; PT 2,195 pence
* Rockwool Cut to Hold at Handelsbanken
* Rovio Cut to Sell at OP Corporate Bank; PT 7.30 euros

>>> Initiation
* Bureau Veritas Assumed Buy at SocGen; PT 31 euros
* Dotstay Rated New Neutral at EnVent S.p.A.; PT 5.85 euros
* Hawesko Holding SE Rated New Buy at Hauck & Aufhaeuser (+)
* Intertek Rated New Buy at SocGen
* Jupiter Rated New Equal-Weight at Morgan Stanley; PT 153 pence
* Salmon Evolution Rated New Buy at Arctic Securities
* SGS Rated New Sell at SocGen; PT 1,900 Swiss francs (+)
* Stora Enso Rated New Neutral at JPMorgan; PT 15.90 euros
* Tecan Rated New Add at Baader Helvea; PT 425 Swiss francs
* UPM-Kymmene Rated New Underweight at JPMorgan; PT 33 euros

>>> Call
* Bureau Veritas, Intertek Preferred to SGS in Testing at SocGen (+)
* Citigroup Strategists Say Bullish Equity Momentum Is Diminishing
* Fidelity National Raised at Morgan Stanley on M&A, Valuation
* Jupiter Awaiting Flow Inflection, Morgan Stanley Is Equal-Weight
* Nemetschek May Underperform on 4Q Miss, Morgan Stanley Says
* OCI 4Q Missed on Weaker Pricing, Some One-Offs: Berenberg (+)
* Tecan May Be Undervalued, Baader Initiates With Add Rating